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NAS100 Possible ReversalWe observed price filling the IMB, closing below it, and an inversion block on September 26. This occurred immediately following a price trade above the prior monthly high, which in my opinion indicates significant liquidity. Everything I've read indicates that price is unwilling to move above that daily key level or area, so it's possible that price will reverse in an attempt to find new, significant liquidity levels and close any price inefficiencies. My daily goal is to reach 19.000 . However, while I wait for this to happen, I will be keeping a portion of my profits when price reaches 19,600 and 19,250 levels...
FOREXCOM:NAS100Short
by JOHNNIESA
Navigating NAS100: How to Trade the Upcoming Downtrend!!!I. Technical Analysis Breakdown 1. Elliott Wave Theory Wave Count Summary: The chart shows the completion of Wave 5 based on the hourly time frame, confirming a bearish setup. Key invalidation point: On the 1H chart: 19,571.1, meaning a break below this will confirm the extended Wave C. On the 4H chart: 20,335.3, confirming a potential reversal if this level holds. Wave 5 Projections: Target range: 19,570.2 to 19,450.2 (for bearish continuation). Invalidation for bearish bias: A move above 20,405.3 suggests an accumulation phase instead of distribution. 2. Wyckoff Distribution Phases Current Phase: We are in Phase B, indicating a bearish trend. Upthrust in Phase B (UT): Observed, signaling exhaustion in price momentum. Sign of Weakness (SOW): Confirming bearish sentiment with lower highs. Last Point of Supply (LPSY): Key area: 20,189.7 - 20,350.2. This region aligns with the premium area and can act as a resistance zone where sellers may dominate. Bearish Continuation: The price could move toward support levels between 19,570.2 - 19,450.2 after potential exhaustion at LPSY. 3. Harmonic & Fibonacci Retracement Levels Optimal Trade Entry (OTE): OTE aligns with Fibonacci retracement zones (0.786 at 20,007.6) and the 0.826 retracement (20,147.9). Shorting Opportunity: Focus on bearish positions when price revisits these zones, ideally between 20,007.6 and 20,350.2. Harmonic Targets: The next downside harmonic target coincides with 19,570. A price reaction could also occur near 19,450, aligning with Wyckoff’s potential distribution phase climax. II. ICT Weekly Range Development Weekly Bias: Bearish, confirmed by Wyckoff and Elliott Wave projections. Weekly High (WH): Likely formed at the LPSY zone around 20,189.7. Weekly Low (WL): Expected near the 19,570 - 19,450 zone by Thursday/Friday. ICT Daily/Weekly Ranges: Monday to Wednesday: Potential manipulation with an upward move toward LPSY (~20,350). Look for possible liquidity sweeps near this zone. Thursday to Friday: Price may drop toward the Weekly Low (WL) around 19,570 as institutions look to cover their short positions in the discount zone. III. Fundamental Catalysts Key economic events that will likely impact the NAS100 throughout the week: U.S. Interest Rate Decision: Bullish (BUY NAS): If the Federal Reserve announces a rate cut or holds rates steady, equities may benefit. Bearish (SELL NAS): If rates are raised, equities (especially NAS100) could face downside pressure. United States Manufacturing PMI (SELL NAS): A weak PMI will signal economic contraction, driving the NAS100 lower. ISM Services PMI (SELL NAS): A poor reading will reflect economic slowdown, leading to further downside pressure. U.S. Unemployment Rate (BUY NAS): Lower unemployment could cushion the bearish trend by suggesting economic resilience. However, an uptick in unemployment could increase bearish sentiment. IV. Trading Strategy and Execution 1. Key Levels for Short Entries LPSY Zone (Resistance): Watch for shorting opportunities around 20,189.7 - 20,350.2. Ideal points for entering short positions are at premium areas or during spikes into resistance levels. Optimal Trade Entry (OTE): Watch for shorts near the OTE (0.786 - 0.826 retracement) between 20,007.6 - 20,147.9. 2. Downside Target Zones First Target: 19,570.2 Aligns with Wyckoff’s Selling Climax (SC) zone. Final Target: 19,450 Coincides with potential Wave 5 termination in Elliott Wave and harmonic extensions. 3. Risk Management Stop-Loss Placement: Above 20,405.3 (invalidation level), protecting against bullish reversals. Short Position Execution: Ideal timing for shorts: Monday to Wednesday: Focus on potential false bullish moves, with the price reaching LPSY levels. Thursday to Friday: Target the 19,570 - 19,450 range, where price may complete its bearish cycle. V. Conclusion: Week Ahead Trading Plan Bearish Outlook: Multiple confirmations from Elliott Wave, Wyckoff, and harmonic retracements suggest further downside in NAS100. Execution Plan: Short around LPSY (20,189.7 - 20,350.2) and OTE zones (20,007.6 - 20,147.9). Fundamental Consideration: Stay vigilant for significant economic releases, particularly interest rates and PMI data, which could cause volatility and either support or invalidate the technical setups. Risk Management: Keep stops above invalidation points (20,405.3) and target 19,570 - 19,450 for profits.
PEPPERSTONE:NAS100Short
by spacedevil
21
NASDAQ Potential Retracement and Bearish ContinuationThe current price action shows the market pushing into significant supply zones. We can identify both a 5-minute FVG (Fair Value Gap) and a 1-hour FVG in the area between 20,318 and 20,640, indicating potential for price rejection. After this push into the FVG, I anticipate a retracement towards the 19,473 - 19,253 zone, which aligns with the Fibonacci retracement levels of 50% - 62%. A deeper pullback towards 79% (18,690) is also possible, supported by the presence of a 4-hour and Daily FVG below, suggesting an extended bearish move. If price fails to hold these levels, the downside potential could be significant, targeting the 18,679 zone and potentially beyond. This scenario lines up with broader market conditions, where we could see a significant sell-off. Bear in mind that further confirmation is needed on lower timeframes before entering short positions. A clean rejection from the 1-hour FVG zone will serve as the main trigger for this bearish continuation.
U
by sxnsei
1
Nas100 bullish continuation on effectAlthough I don't trade Nasdaq, I decided to share this as it has all the properties to make it a perfect setup (SMC). We also have a supporting analysis of the trendline (Bullish trend) Checklist: 1. We have price close just above our fresh low of week an failing to displace. Possible sellside liquidity sweep. 2. Break of structure to the upside 3. Demand zone below our low of week 4. Trend is overall bullish 5. Bullish Flag pattern (trendline strategy) near breakout zone Comment your view and tell me how you plan your approach on this one.✌️🌟 goodluck y'all.
FX:NAS100Long
by ZIPHO67
Nasdaq 100 Index Major Crash WarningMy dear friend and supporter, here we have a great chart for the NDX (Nasdaq 100 Index), it shows a classic lower high. This chart setup predicts a major crash/drop and this drop goes in accordance with everything we've been seeing across multiple markets. ➖ The top (ATH) was set in early July. After a major high there is always a correction. ➖ A low was set in August. After a major low there is always a recovery, a pull-back. ➖ A new top (lower high) was hit yesterday and what follows is the continuation of the bearish move. The continuation of the correction that started at the July All-Time High. ➢ This is a friendly reminder; prepare for the crash. A double-bottom is possible but also a weak lower low. So we are likely to get a lower low but still in the vicinity of the previous low, the one set in August 2024. The next support range is clearly marked on the chart. What will be the catalyst for this correction? The market moves in cycles and within this cycles we have waves; up and down, up and down... We just experienced and up-wave and we are going down now, regardless of what the fundamentals say. Thank you for reading. Your support is appreciated. Namaste.
NASDAQ:NDXShort
by AlanSantana
3
NAS100 Will Go Down From Resistance! Sell! Here is our detailed technical review for NAS100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 20,137.3. Considering the today's price action, probabilities will be high to see a movement to 19,371.7. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
PEPPERSTONE:NAS100Short
by SignalProvider
6
DreamAnalysis | NASDAQ Breakdown Critical Price Zones in Play!✨ Today’s Focus: One of the Most Crucial Assets in the Market – NASDAQ We'll be breaking down its latest price movements and discussing what to expect next based on key market levels. 📊 Current Market Overview: At the moment, we’re seeing some notable upward movement, targeting the buy-side liquidity. Recently, key levels of liquidity have been swept, including the Previous Month High (PMH) and the Previous Week High (PWH). With this in mind, we're anticipating a possible retracement or even a reversal from these highs. 🕓 Key Levels to Watch: These are the essential zones we’re monitoring on the chart: - PMH : Previous Month High - PML : Previous Month Low - PWH : Previous Week High - PWL : Previous Week Low - BSL : Buy-Side Liquidity - 4H FVG : 4-Hour Fair Value Gap (a potential retracement and imbalance zone) These levels represent critical areas where the price may gather liquidity, potentially driving it toward the next major target. Fair Value Gaps (FVGs) signify imbalances that the market might revisit to "rebalance" and collect orders. 📊 1-Hour Time Frame Outlook: On the 1-hour chart, the price is respecting the 4-Hour FVG and has created some Low Resistance Buy-Side Liquidity (LBSL) just beside it. We could see a liquidity raid, where the price sweeps these BSL levels before heading lower. Keep in mind that this is a bearish scenario for NASDAQ, and it may not fully play out. 📈 Bullish Scenario: For a bullish setup, we need to see a sweep of a key Sell-Side Liquidity (SSL) level before looking for buying opportunities. For day trading, you can drop down to lower time frames (LTF) to mark Low Resistance Sell-Side Liquidity (LSSL) areas, providing a draw on liquidity that could lead to a move toward the buy-side. 📉 Bearish Scenario: On higher time frames, there isn’t much data supporting a bearish case right now. I recommend revisiting the 1-hour time frame analysis for a clearer picture of the current outlook. 📝 Conclusion: As always, it's essential to remain flexible and adapt to evolving market conditions. Understanding these key levels and potential scenarios will help refine your trading strategy and identify opportunities. 🔮 Looking Ahead: Stay tuned! We’ll continue to track NASDAQ along with the other major currency pairs. Expect timely updates and insights as market trends develop. ⚠️ Disclaimer: The information provided is for educational purposes only and is not financial advice. Always perform your own research and consult a licensed financial advisor before making investment decisions.
CAPITALCOM:US100Short
by DreamAnalysis
Nasdaq Holds Support at 20,080 with Bullish PotentialNasdaq Technical Analysis: The price has reached our previous target of 20,350 and reversed back to its support of 20080. Currently, the price needs to break below 20,080 to target 19,900, with a potential further decline to 19,690. On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540. Key Levels: Pivot Point: 20080 Resistance Levels: 20190, 20350, 20540 Support Levels: 19900, 19690, 19540 Expected Trading Range for Today: 20350 to 19900 Trend: Bullish: While above 20080 Bearish: If 20080 is broken previous idea:
OANDA:NAS100USDLong
by SroshMayi
1
POTENTIAL AREA TO ADD FURTHER SHORTS FROMNAS100 1H - As you can see I have gone ahead and marked out an area of interest I feel price may come to trade up and into before taking us lower in the market. This area represents a hidden order block. In order for us to get involved from this area of Supply we need to wait for price to trade in and give signs of rejection to the downside, this will come typically via a fractal BOS. Once price trades in and breaks structure fractally this is when we can look to go short or take part in further shorts in this market as a BOS will confirm to us that this initial pullback has finished and a new bearish leg is ready to be printed. When structure breaks we can expect price to pullback to set a lower high this is following the laws of bearish structure and in doing so we are able to get in with a more refined entry and a better RR.
PEPPERSTONE:NAS100Short
by Lukegforex