NAS- US100 - Buy IdeaNAS is on a bullish trend and is currently making a major correction. Look for buy-on-dip- setups. manage your risk reward accordingly.
NAS100 trade ideas
Nasdaq 100: Make-or-Break Trendline SupportChart Analysis:
The US 100 Index has pulled back from recent highs but remains above its rising trendline (black), maintaining the broader bullish structure.
1️⃣ Rising Trendline:
The trendline, originating from the August lows, has been a key dynamic support for the index. Price is currently testing this level around 21,150, making it a critical area to watch.
2️⃣ Moving Averages:
50-day SMA (blue): The index remains above the 50-day SMA at 20,818, confirming short-term bullish momentum.
200-day SMA (red): Positioned at 19,438, reflecting a long-term bullish trend.
3️⃣ Momentum Indicators:
RSI: At 51.88, signaling neutral momentum, giving room for the index to either bounce or consolidate further.
MACD: The MACD line has turned downward, suggesting weakening bullish momentum but no decisive bearish crossover yet.
What to Watch:
A bounce from the trendline could signal a continuation of the uptrend, with immediate resistance near the recent highs around 21,600.
A break below the trendline may shift attention to the 50-day SMA or the 20,800 level for potential support.
The US 100 Index remains within a broader bullish structure, with the rising trendline acting as a critical support level for near-term price action.
-MW
NAS100 SELL 30 MINUTE TIME FRAME STRONG SUPPLY ZONE
Simple supply setup
Waiting for reaction on my box
and rejection for bearish momentum
If prices break through supply trade is invalid
3:1 Risk Reward
let's see
Nasdaq 100 Index Plummets After Fed DecisionNasdaq 100 Index Plummets After Fed Decision
On 17th December, analysing the Nasdaq 100 chart (US Tech 100 mini on FXOpen), we:
→ Drew a blue upward channel relevant for 2024;
→ Noted that the price was near the upper boundary of the channel, while the RSI indicator had entered the overbought zone;
→ Suggested that bulls might face difficulties in pushing the price to a new all-time high.
Yesterday, the Fed cut the interest rate by 0.25%. Although it was anticipated, the market reaction was sharply negative. The Nasdaq 100 (US Tech 100 mini on FXOpen) dropped by approximately 4%.
The steep market reaction was driven by Fed Chair Jerome Powell’s comments during the press conference, where he stated that the FOMC plans to cut rates only twice in 2025, contrary to market expectations of four cuts.
Technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) chart shows that:
→ The price remains in the upper half of the channel, supported by the 21,230 level, which previously acted as resistance (as indicated by arrows).
→ We can assume that the area around the median of the blue channel (marked by orange lines) could act as a barrier to further downward momentum, as medians often serve as equilibrium zones where supply and demand balance out.
What’s next? According to analysts at Zacks, record highs for the tech stock index may not be a topic of discussion in the near future.
There is a possibility that a local descending channel could form, potentially driving the price into the lower half of the broader upward channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NAS100 H4 | Potential bearish reversalNAS100 is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,404.67 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 21,660.00 which is a level that sits above the 50.0% Fibonacci retracement level and an overlap resistance.
Take profit is at 20,949.82 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level.
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Nasdaq market analysis: 19-Dec-2024Good morning! Join me for today's Nasdaq market analysis. Share your charts, ask questions, and let's discuss trading strategies.
NAS100 NAS100 price is still in a strong uptrend, but we expect that in the short term, there is a chance that the price will correct in the 22195-22247 zone. If the price cannot break through the 22247 level, the price may decline. Consider selling in the red zone.
*Very Risky Trade
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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The key is whether it can be supported in the support zone
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(NAS100USD 1D chart)
Support zone
1st: Left Fibonacci ratio 2.24 (21039.7) ~ 21348.0
2nd: 19582.6
However, when the M-Signal indicator on the 1W chart is touched, whether it is supported or not is important.
The next volatility period is expected to be around December 26th.
If it is maintained above the M-Signal indicator on the 1M chart, it is expected to eventually rise to the left Fibonacci ratio 2.618 (23557.7) ~ right Fibonacci ratio 1.27 (23962.1) and re-determine the trend.
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Thank you for reading to the end.
I hope you have a successful trade.
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NAS/NQ are also preparing for the yearly transitionIf we are flexing daily Fib levels, I used the 21600 swing low as the base. If so we have achieved 75% today. It's also interesting that the volume profile POC (dashed) lies within the golden zone, which is also containing the Broken high retest point
I believe we have down here over the next few weeks into mid January. Using the space between the broken support (breaker) and the new low as consolidation, we should be able to build a nice base for entry ticket into this coming year's candle high
Price Retest Scenarios and Key Levels for Trend ConfirmationTechnical Analysis
The price has surged to a new historic high. It is now expected to retest 21900. A confirmed 4-hour candle close below 21900 will indicate a bearish move toward 21770.
On the other hand, if the price stabilizes above 22120 with a confirmed 1-hour candle close, it will support a bullish trend toward 22230.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum with stability below 22120
- Bullish Momentum by stability above 22120
NASDAQ 100 - kiss and say good byeAfter years of solid growth, the signs for distribution beetween bulls and bears has arrived.
Shares are changing the hand, from investors to speculants. And I suppose extreme speculatants. There are some players on market which are preparing an extreme short selling.
Technical side, there a enough signs to say good bye and change the river side, from long to short.
11 th of dec: open to short NDX @ 21715.87
Dan, 11th dec 2024
NASDAQ Before FOMC - New Chance For Bears?The NASDAQ has staged an impressive rally in recent weeks. We had pointed out bearish divergences in the volume, which the market ignored with a brilliant upward movement - this was not unexpected, as we remember from the aforementioned analysis. Nevertheless, these bearish divergences are still present and are now also clearly visible in the long-term cumulative volume delta chart.
With tomorrow's FED meeting and signs of weakness, the chances of a short-term correction to one of the various open gaps are not bad.
Nas fundamental idea, sell now 22033, target 21700Tomorrow we will have FOMC. So today US session can be pretty volatile, because of "repositioning". Be careful with opening new positions and especially with sizing. Personally Im expecting a pause in December and cut 0.25-0.50 in January. Contrary to market expecting 0.25 tomorrow. The reasons are two. Sticky inflation + Donald. Inflation is higher than in forecasts(also NFP, GDP are higher) and these alltogether giving FED "free hand" to get inflation under control by a pause. Second reason, Donald will push FED(however independent) to cut, cut, cut. So this is the last chance not to cut, because Joe really does not care nowadays. Donald wants american cars, products, tits not EU, CAD or Chinese. It means duty. Also wants lower taxes = higher consuption. All these steps are super inflatory. Sounds good for voters, bad for economy. These are the reasons Im expecting a pause. You can think about them but surely do your own plan to trade FOMC. This is mine.
NASDAK 1HTFShort-term outlook:
Positive (bullish) scenario:
In case of a clear break and stability above 22,050, the upward momentum may continue towards 22,400 and then 22,600 levels.
Negative (bearish) scenario:
In case the price fails to stabilize above 22,000, a decline may occur towards the support levels at 21,600.
Recommendation:
Scalpers: Follow the price closely around 22,000 levels, and enter with confirmation of resistance breakout or wait for a bounce from support.
Investors: Maintain a positive outlook as long as the uptrend continues and higher highs and lows are formed
How much higher could the Nasdaq 100 climb?The trend remains bullish above 21,920, and as the market approached the 20,000 mark this morning, buyers stepped in. The trend will remain upwards above 21,920, and the biggest concern now is that many traders are sitting on significant profits, and with the tax year nearing its end, they may need to close positions to cover taxes.
What’s your take? Will 21,920 hold and lead to a new all-time high before year-end, or is this the peak?
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TP REACHED ON NASDAQMinutes ago I posted to sell on NASDAQ and the market reached our TP, a small quick trade to start the day with.
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SELL NASDAQ I'm sharing with you a quick trade on NASDAQ, you can sell and target the same level as mine.
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NASDAQ / Price at Critical Levels Amid Rate Decision SpeculationTechnical Analysis
The price completed its correction to 21,900 and then pushed back up to the all-time high (ATH). Now, a drop toward 21,900 is possible, with a break below this level signaling a bearish zone. This movement will depend on Jerome Powell's speech and whether there is an indication of a rate decrease in the next meeting. A rate decrease would likely have a bullish impact on the indices.
Conversely, if the price stabilizes above 22,120 with a confirmed 1-hour candle close, it would support a bullish trend toward 22,290 and 22,410.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum: Stability below 22,120
- Bullish Momentum: Stability above 22,120
US100US 100 - Nasdaq
Rising Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
Change of Characteristics
Completed " 12345 " Impulsive Waves
RSI - Divergence
SELL NASDAQ UNTIL 11K AND WAIT FOR MORE BLOOD !!!Nasdaq going on a Down trend !!
Sell now and be Patient
PATIENCE IS THE KEY
TP on 11K and wait !!!
NEW IDEA FOR NAS100The Nasdaq-100 index has support at the channel bottom in the 22,026-point range on the one-hour timeframe, and if it holds, the target is channel top resistance at the 22,354-point range.
Nasdaq 100 for buyAs of December 18, 2024, the Nasdaq Composite Index (COMP) closed at 20,078.00, marking an increase of 151.27 points (0.76%) from the previous close
NASDAQ_15MNasdaq Time 15 minutes analysis and signal Due to the failure of the upward trend line and keeping the important support number of 22000 today, we are an indicator buyer towards the target of 22180 and 22250.
