Final Nasdaq analysis for 2024: 31-Dec-2024 Let’s dive into the last Nasdaq market analysis for 2024. Share insights, and potentially spot opportunities for good pips.
NAS100FT trade ideas
NASDAQ so like before still waiting on this to drop i do have 2 P.O.I to but at the bottom, price thats really interestiing for me is 17575 area theres still alot of liquidity at bottom
Bullish Nasdaq & short term correctionIts obvious Nasdaq is Bullish on HTF i.e long term and given good handsome return also. At te same time in Bullish Index or Stocks short term corrections are sharp as well nasty also to elimnate weak hand from position. Here it likely to resume a strongest upside leg (wave5 inside a wave3 of HTF) before a time consuming downside leg wave4. Marked in red color 23.6% Fib level possibly breached to test 38.2% (lesser probability). Prediction or study invalidated below 38.2% Fib level. Conservative entry may be planned on Day closing above 61.8% (in black) as confirmation. SL management as per Fib.
Nasdaq Intraday Review - Monday 30 Dec 2024I trade Nasdaq exclusively
Trading in GMT time zone
Sharing my post day review and analysis in case it can help you!
Did my analysis at +- 5:30 am GMT (00:30 am EST)
Economic news - None
News - None
Directional bias - BUY, all higher TFs are bullish
Morning analysis:
M TF - Bullish, but long wick starting to appear which indicates the pressure from bears - at time of writing, wick is 7'295 pips
W TF - Potential W neckline identified. On line chart candle closes have managed to stay above upward trend line.
D TF - Price came up to retest the DT (marked with green lines) and failed to successfully break the neckline upwards. Bears stepped in and pushed back down, now (at time of writing) it seems D EMA is acting as dynamic support.
As the day progressed:
Tried a small buy position at the top hand icon, but it turned out to be a fake out and I took a small loss (+- 300 pips).
Confirmations:
1. Market pattern - DB on 30min TF
2. S&R - D EMA seemed to be acing as dynamic support
3. Trend - temporary pink downtrend line broken upwards
4. Fib - DB forming right at D 0.382 fib level
Mental SL placed at the thick pink line i.e. half the height of the DB pattern. As candles started closing below my mental stop, I closed my position at 300 pips loss.
Price was unable to break through the 30min EMA. If Nasdaq is particularly bullish or bearish, price will react to the 30min EMA.
I was wary of this when I entered and so I entered my buy with a small position, ready to scale in if price moved my way.
However, price moved down significantly, tapping the W 0.618 fib level and the D 50 EMA.
Here price started to consolidate and formed a DB on the 15min TF.
Entered a full position size buy at the blue arrow icon - Confirmations:
1. Market pattern - DB on the 15TF, with a strong momentum candle breaking the neckline upwards (marked in turquoise lines)
2. S&R - strong D S&R zone (marked in red highlight on the D chart), from which price has significantly moved at A. and B. This level acted as resistance at A. and support at B. evidencing that this level is strong.
3. Trend - The temporary downtrend line (marked in orange) was broken upwards, indicating that price is no longer respecting this downtrend and is ready to move upwards.
4. Fib - Price wicked down to the W 0.618 fib level and the DB formed just above this level. This indicated that price is not only reacting to this level but also gave a trend reversal signal (DB pattern) at this level.
5. Candlesticks - A red inverted hammer candle formed on the 30min TF, just before the break of the 15min DB. This candle is bullish in nature and shows that bulls have entered the market and tried to push price higher, but bears did not have the strength to push price down significantly past the candle open. Indicates bearish loss of momentum.
Mental SL placed at the thick pink line, placed below the W 0.618 fib level and below the candle wicks sticking out below this fib level.
Price moved up nicely and I closed my position at 1'300 pips at the top blue arrow when price made a reversal pattern on the 15min TF (DT).
YEAR END CLOSING:
After today's nice profit, I decided to close out my trading year and so I wont be trading tomorrow.
This year was my best trading year yet.
I made 72% ROI and I can't help but say how proud I am of the progress I have made.
It's been a long road, but seeing the returns slowly building is very rewarding.
I hope you had a great trading year! And if not, this is a reminder that it is possible. It's extremely hard, but it is possible. Just keep going!
All the best for 2025! :) Hope we make some good $$$$$$$$$$$$$$$ :)
The total move for the day in the direction that I was looking for was 3'118 pips:
I captured 42 % of the total move and looking at the candles, I am happy with that.
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
US100 - Key Levels and Recovery Potential in Focus🚨 US100 Market Update 🚨
Today’s price action on the Nasdaq (US100) is displaying a recovery from a strong bearish impulse earlier in the session. Let’s dive into the chart and key actionable levels:
Key Levels:
Resistance Zones:
Bear Day: $21,380 is a critical resistance level. A breakout above this zone could pave the way toward the Close Day/Week level around $21,500.
Sellers are heavily defending this zone, making it a key battleground for the day.
Support Zones:
Bear Week (Yellow Dashed Line): $21,260 is providing strong intraday support. This level needs to hold for the bullish recovery to sustain.
Day - ATR: $21,120 represents the lower bound for today’s session. Breaching this level could trigger accelerated selling pressure toward $20,960.
Bullish Swing Zone:
The $21,240 region aligns with the start of bullish interest. A confirmed bounce here could lead to upward momentum toward the next resistance levels.
Volume Profile Insights:
High Volume Nodes (HVNs): A significant volume cluster exists between $21,260 and $21,300. This zone is pivotal for determining market direction.
Low Volume Nodes (LVNs): A gap near $21,180 suggests potential for rapid price movement if the price revisits this area.
Market Structure:
The recovery off the lows is showing signs of strength, but resistance at the Bear Day level has yet to be broken.
The Volume Profile reveals a consolidation near the mid-range of $21,300, indicating indecision in the short term.
Strategy Suggestions:
Longs:
Entry above $21,380 with a target of $21,500 and $21,520. Stop-loss near $21,320.
Alternatively, consider buying near $21,240 if bullish momentum resumes.
Shorts:
Entry below $21,260 targeting $21,120 and $20,960. Stop-loss above $21,300.
Scalping Opportunities:
Use the range of $21,260–$21,380 for intraday scalps until a breakout or breakdown occurs.
Final Notes:
Nasdaq is currently range-bound, and key levels like $21,260 (support) and $21,380 (resistance) will dictate the next move. Watch for volume spikes and strong candle closes to confirm any breakout or breakdown scenarios.
🔔 Are you bullish or bearish on Nasdaq? Let me know in the comments!
Going for a short!NasDaq already has a bearish trend, Right now there's a bit of consolidation. After my support/resistance line was broken it's an indication letting me know that price wants to continue in a down trend. Hopefully it target's the weekly low on a Monday to set clear sky's for the week!
US100: Correction Complete, Downtrend ResumesIn US100, it seems we have completed a correction in the form of an upward Zigzag. This was followed by a five-wave structure to the downside, signaling a shift back to bearish momentum. I anticipate a brief corrective move upward, likely forming a three-wave structure, before the market continues its decline.
This setup aligns with the broader downtrend, and traders should remain cautious, watching for the correction to complete before considering positions in line with the bearish outlook.
NAS 100 NOV 30TH 2025 TARGET ATH 42000.NAS 100 TO 25,000 , DOWN 15000, UP 23500, DOWN 18900, UP 42000
Current rise willl top at 25000-DEC 2024. or slightly below. Deep to 15000- FEB 2025. Rise to 23500--MARCH 2025, drop to 22199- MAY.....Then all time 42000. JUNE-DEC 2025
MARK THOSE LEVELS....Best to buy for generational wealth ......14899. FEB15TH-28TH 2025
POSSIBLE SELL OPPORTUNITY ON NAS100Price showing signs of strong momentum. We look for the pullback to take the trade!
Nasdaq 100 Index - outlook for Q1 2025Since the beginning of 2024, the Nasdaq 100 Index jumped 28.83%, leaving the broader market, like the S&P 500, in the dust. In the long term, the chart screams bullish, with the one-month view suggesting a strong buy. Yet, the recent trading sessions have seen some cooling off, a typical holiday lull as traders and investors take a break. The Nasdaq peaked at 22,174 on December 16, 2024, and since then, making higher highs has been a struggle. This hesitation can be chalked up to uncertainty around the U.S. interest rate policy for 2025.
At the same time, there was a flurry of buying activity when the Nasdaq hovered near its 50-day moving average, around the 21,000 mark. This suggests that investors see this level as a sweet spot for picking up shares, possibly viewing it as a solid support line amidst all the market noise.
Currently, I see no clarity in the Index's direction for the near term. If we hear hawkish news from the Fed and Trump's policy in January, the stock market could deepen. At the same time, earnings reports from the MAG7 and their guidance for the year 2025 will play a pivotal role in the Index's direction.
Inverse Nasdaq - Finding topsI'm much better at finding bottoms in charts vs tops.
So I had the idea of reversing the Nasdaq chart!
Before the Nasdaq crashed, you always see a double bottom in the RSI with the second peak being higher.
Next top in May 2025?
$NQ Potential Moves Next WeekSEED_ALEXDRAYM_SHORTINTEREST2:NQ Potential Moves Next Week
The chart shows a possible bullish recovery scenario heading into the new week. Watch key levels like the weekly close (blue), bear day zones (red), and bullish week targets (dotted).
Yellow path highlights:
📈 Initial consolidation → Break above key resistance.
📉 Retest near support → Continued bullish swing.
Keep an eye on market conditions and adjust accordingly! 🚀
#Trading #Futures #NQ100 #NASDAQ #DayTrading
NAS100 BUY ANALYSIS BULLISH PENNANT PATTERNHere on Nas100 price has for a bullish pennant pattern and now try to go up so if 21868.7 break price is likely to move up more and trader should go for long with expect profit target of 22143.4 and 22463.9 . Use money money management
nas100 update Key Observations:
1. Trade Progress:
• The price has moved significantly in your favor, reaching Target 1 at 21,582.04 and continuing upward toward the higher target at 21,939.56.
• The current price is at 21,825.54, showing strong bullish momentum.
2. Updated Elements:
• Profit Metrics: The trade has generated 445.38 USD in profit (based on the updated lot size and risk percentage shown in the position calculator).
• The 4-hour bearish order block (OB) has been respected so far, with no major reversals threatening the trade.
3. Risk Management:
• The note on the chart (“Narrow stop for any added positions”) suggests you’re managing risk effectively for scaling into the trade while locking in profits on the original position.
4. Key Levels:
• Entry Zone: 21,235.54 remains valid.
• Stop-Loss: Still set at 21,186.05, providing protection.
• Fibonacci 50% Retracement: The bounce from this level was accurate, reinforcing your initial analysis.
5. Trading Psychology:
(“Patience, react, don’t predict. If it isn’t in the press, it’s in the price”) reflects a disciplined trading mindset.
Scaling In on a Retracement:
1. Retracement Zones:
• Set pending buy orders at 21,700 and 21,582.04, where price may retrace.
2. Smaller Lot Size:
• Use 50% of the initial lot size for added trades to minimize overall risk.
3. Entry Confirmation:
• Look for bullish engulfing candles, wicks rejecting support levels, or price respecting the Fibonacci retracement (50% or 61.8%).
4. Stop-Loss Placement:
• For the added position, place your SL just below the retracement zone:
• If entry is 21,700, SL can be at 21,582.04.
• If entry is 21,582.04, SL can be at 21,186.05.
5. Profit Targets for Added Positions:
• First target: 21,939.56.
• Final target: 22,130.78.
NDX: Is there time to continue rallying in 2025?Watch this video to be more aware about how long for the Nasdaq 100 index can seek all time highs.
Bullish continuation NASDAQ successfully dropped last week but now seems to have halted the continuity of the downward move. As long as price is above 20600-20300, the indice may likely establish new highs. Alternatively, failing to go up and moving or stabilising under the mentioned marks, US100 may move down more.
US100 bias long Bullish indications:
Bullish flag pattern.
Inverted head and shoulder pattern.
resistance broken at 21401
MA 20 respected.
MA 200 respected in 4 hr time frame.
Trade plan bias long @ 21459
SL:21202
TP1:21712
TP2:21969
23-12 NAS100: 23-12 NAS100: there is a long position, especially from a technical point of view. Since September, the tech stocks have been in an uptrend. After the price touched 21,180 in the past few days, the top of early November, it is time to enter with a buy position at 21457.0.
I am looking at the inverse of the Morning star pattern.I am looking at the inverse of the morning star pattern on the daily chart. Possible short with a 1:2 RRR. #Nasdaq #USTEC #US100
Below is a quick, high-level read on what the chart suggests for1. Recent Downward Momentum
Price has clearly dropped from a swing high (around the mid‑21,400s to 21,480 area) and is now trading in the low 21,300s.
The series of lower highs on the way down suggests near-term bearish pressure or at least a corrective pullback.
2. Key Support Zones
There’s a notable support band around 21,280 – 21,250 (green boxes/lines on your chart). This area appears to have propped the market up once already.
Below that, the next region of interest is near 21,200 – 21,180, which may act as a secondary support if the first zone fails.
3. Overhead Resistance
Near-term resistance looks to be the 21,360 – 21,400 zone. The market rejected in that region not long ago.
A break and hold above 21,400 could indicate buyers are regaining control, potentially setting up a run toward prior swing levels in the 21,450–21,480 range.
4. Volume Profile Observations
There’s heavier volume around the mid-21,200s and again in the upper 21,300s/21,400 region. These are likely to remain “hot spots” where price may stall or pivot due to heavier trading activity.
The 21,250–21,280 band also shows a fair amount of transactional volume, reinforcing that support zone.
5. Short-Term Bias
As long as price stays below the 21,360–21,400 ceiling, the immediate tilt is mildly bearish or consolidative, leaning negative.
If bulls manage a strong push above 21,400, it would suggest short-term buyers are stepping in; failing that, watch for a retest of the 21,250 zone or potentially the 21,200 handle.
Bottom Line
Short-Term Bearish Bias: Lower highs and a clear downward swing off recent highs.
Immediate Supports: 21,280 → then 21,250 → deeper support near 21,200.
Immediate Resistances: 21,360 → 21,400 → beyond that, 21,450+.
Keep an eye on how price reacts at those volume-rich zones—if momentum breaks above 21,400, that could quickly shift sentiment more bullish in the immediate term. If support near 21,280/21,250 fails, expect a further leg down.
US Nas 100 . 4H4-Hour Timeframe Analysis for NAS 100U
In the 4-hour timeframe, we have observed a confirmed bullish trend. The price has reached a short-term peak and established this level, allowing for a pullback that can facilitate liquidity accumulation. If this pullback holds, we anticipate upward movement toward our identified target.
However, we must remain cautious. If the Order Block Decisional fails, we will revise our selling strategy accordingly. In addition, should the Order Block Extreme be confirmed in the specified area, we may reconsider re-entering a buy position. It is essential to keep trades open until we hit our Fibonacci-based take-profit targets.
