USTECH100CFD trade ideas
Nasdaq 100: Market Optimism Builds Ahead of Big Tech EarningsNasdaq 100: Market Optimism Builds Ahead of Big Tech Earnings
The earnings season is gaining momentum. This week, major technology companies such as Alphabet (GOOGL) and Tesla (TSLA) are scheduled to release their quarterly results.
Given that 85% of the 53 S&P 500 companies that have already reported have exceeded analysts’ expectations, it is reasonable to assume that market participants are also anticipating strong results from the big tech names. The Nasdaq 100 index (US Tech 100 mini on FXOpen) set an all-time high last week — a level that may be surpassed (potentially more than once) before the end of August.
Technical Analysis of the Nasdaq 100 Chart
Price movements have formed an upward channel (marked in blue), with the following dynamics observed:
→ The bearish signals we highlighted on 7 July did not result in any significant correction. This may be interpreted as a sign of a strong market, as bearish momentum failed to materialise despite favourable technical conditions.
→ Buyers have shown initiative by gaining control at higher price levels (as indicated by the arrows): the resistance at 22,900 has been invalidated, while the 23,050 level has flipped to become support.
→ A long lower shadow near the bottom boundary of the channel (circled on the chart) underscores aggressive buying activity.
Should the earnings and forward guidance from major tech firms also come in strong, this could further reinforce the sustainable bullish trend in the US equity market.
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.
NASDAQ (CASH100) SHORT - double top H6Risk/reward = 4.3
Entry price = 23 282
Stop loss price = 23 398
Take profit level 1 (50%) = 22 871
Take profit level 2 (50%) = 22 663
If current H6 goes back into range, I will open short position.
All variables on checklist have been met.
I was out last night so I missed my initial entry. Hoping for a second chance.
Hopefully this short works because the last few higher time frame short setups have failed, although because of exit plan I have made very little losses.
US100 (NASDAQ 100) 24-Hour Technical Analysis ForecastCurrent Price: 23,076.60 (Close: Friday, July 18th, 2025)
Analysis Period: Next 24 Hours (July 19-20, 2025)
Market Status: Weekend - Preparing for Monday Open
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EXECUTIVE SUMMARY - 24H OUTLOOK
Primary Bias: Neutral to Bullish (Short-term consolidation expected)
Key Resistance: 23,150 - 23,250
Critical Support: 22,850 - 22,950
Expected Range: 22,900 - 23,200
Volatility Level: Moderate (Tech earnings season approach)
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1. CANDLESTICK PATTERN ANALYSIS
Friday's Close Formation
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Pattern: Small-bodied candle with upper shadow at 23,076
Significance: Indecision after testing resistance near 23,150
Volume: Above-average volume suggesting institutional activity
Context: Failed to break cleanly above psychological 23,100 level
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Expected 24H Patterns
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Monday Gap: Potential small gap up to 23,100-23,120 area
Continuation Pattern: Bullish flag/pennant formation developing
Key Reversal: Watch for hammer formation at 22,950 support if decline occurs
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Pattern Probability Assessment
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Doji/Spinning Top: 40% probability (continued indecision)
Bullish Engulfing: 35% probability (if gap up occurs)
Bearish Reversal: 25% probability (if resistance holds)
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2. HARMONIC PATTERN ANALYSIS
Current Harmonic Setup
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Primary Pattern: Bullish Cypher Pattern in Development
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X: 22,400 (previous major low)
A: 23,250 (recent swing high)
B: 22,800 (61.8% retracement)
C: 23,150 (127.2% extension - current test area)
D (Completion): 22,650-22,750 (78.6% retracement zone)
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Alternative Pattern: Bull Flag
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Pole: 22,400 → 23,250 (850-point move)
Flag: Current consolidation 22,950-23,150
Target: 23,250 + 850 = 24,100 (extended projection)
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Fibonacci Levels (24H Focus)
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Golden Ratio Support: 22,950 (61.8% of recent swing)
38.2% Retracement: 23,025
23.6% Retracement: 23,050
Extension Target: 23,375 (161.8% projection)
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3. ELLIOTT WAVE THEORY - 24H COUNT
Primary Wave Count (Bullish Scenario)
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Macro Structure: Wave 5 of larger degree impulse in progress
Current Position: Wave 4 correction completing
Mini-wave Count: Flat correction pattern (A-B-C structure)
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24-Hour Wave Projection
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Wave A: 23,250 → 22,800 (Completed)
Wave B: 22,800 → 23,150 (Completed - 70% retrace)
Wave C: 23,150 → 22,950 (In Progress - Equal to A)
Wave 5 Target: 24,000-24,200 (1.618 extension)
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Alternative Count (Corrective Scenario)
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Structure: Double zigzag correction
Current Phase: Second zigzag development
Target: 22,750-22,850 (Wave Y completion)
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Critical Elliott Levels
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Wave 4 Low: 22,750 (must hold for bullish count)
Invalidation: Below 22,400 (Wave 1 high)
Confirmation: Break above 23,250 (Wave 3 high)
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4. WYCKOFF THEORY - 24H PHASE
Current Market Phase Assessment
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Primary Phase: Reaccumulation (Phase B-C transition)
Composite Operator Action: Testing supply at 23,150 area
Volume Analysis: Absorption of selling pressure evident
Smart Money Activity: Institutional buying on dips below 23,000
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Expected 24H Wyckoff Dynamics
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Phase Progression: Moving toward Phase D (Sign of Strength)
Testing Action: Final test of support at 22,950-23,000
Volume Expectation: Declining volume on any weakness
Breakout Setup: Spring action possible below 22,950
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Key Wyckoff Signals (24H Watch List)
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Sign of Strength (SOS): Break above 23,150 with volume
Last Point of Support (LPS): 22,950 area test
No Supply: Expected on rallies to 23,100-23,150
Backup to Edge of Creek: Potential dip to 22,850
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5. W.D. GANN THEORY - 24H ANALYSIS
Square of Nine Analysis
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Current Position: 23,076° on Gann wheel
Next Cardinal Point: 23,100° (significant psychological resistance)
Natural Support: 23,000° (perfect square - strong magnetic level)
Critical Angle: 22,900° (45-degree angle support from recent low)
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Time Theory - 24H Cycle
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Natural Time Cycle: 24-hour cycle from Friday's close
Critical Time Windows:
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6 hours: 02:00 UTC Monday (potential turn time)
18 hours: 14:00 UTC Monday (major turn potential)
24 hours: 20:00 UTC Monday (cycle completion)
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Angle Theory Application
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Rising 45° Line: Currently at 22,950 (critical support)
Rising 63.75° Line: 23,100 (steep resistance angle)
Declining 26.25° Line: 23,150 (gentle resistance)
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Gann Price Forecasting
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Square Root Method:
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Current: √23,076 ≈ 151.9
Next resistance: 152² = 23,104
Major resistance: 153² = 23,409
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Primary Target: 23,104 (natural Gann resistance)
Extended Target: 23,409 (next perfect square)
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Time-Price Harmony
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Harmonic Time: 144 hours from last major low
Price Harmony: 23,076 in harmony with 22,500 base
Next Harmony Level: 23,400 (Fibonacci price relationship)
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6. MULTI-TIMEFRAME INTRADAY ANALYSIS
5-Minute Chart Analysis
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Micro Trend: Consolidating triangle pattern
Support: 23,050-23,060 (recent lows)
Resistance: 23,090-23,100 (intraday highs)
Volume Profile: Balanced - no clear direction
RSI (5M): 48-52 range (neutral)
Pattern: Symmetrical triangle (breakout pending)
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15-Minute Chart Analysis
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Structure: Bull flag formation
Flag Boundaries: 23,040-23,120
Breakout Level: Above 23,120 (bullish)
Breakdown Level: Below 23,040 (bearish)
Moving Averages: EMA20 at 23,065 (support)
MACD: Consolidating above zero line
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30-Minute Chart Analysis
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Primary Pattern: Ascending triangle
Horizontal Resistance: 23,150 (multiple tests)
Rising Support Line: From 22,950 to current levels
Breakout Target: 23,350 (triangle height projection)
Volume: Decreasing (typical triangle behavior)
Bollinger Bands: Contracting (low volatility)
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1-Hour Chart Analysis
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Major Structure: Bullish continuation pattern
Cup and Handle: Handle formation in progress
Handle Depth: 7% correction (healthy)
Breakout Level: 23,175 (handle resistance)
Target: 24,000 (cup depth projection)
RSI (1H): 55 (bullish but not overbought)
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4-Hour Chart Analysis
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Macro Trend: Strong uptrend intact
Correction Type: Shallow pullback (wave 4 character)
Support Cluster: 22,900-23,000 (multiple confluences)
Resistance Zone: 23,150-23,250
Ichimoku Cloud: Price above cloud (bullish)
Volume Trend: Higher lows pattern (accumulation)
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7. TECHNICAL INDICATORS MATRIX
Momentum Indicators
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RSI (4H): 58 (Bullish momentum, room for upside)
RSI (1H): 55 (Neutral-bullish)
Stochastic %K: 62 (Above %D line - bullish)
Williams %R: -35 (Not oversold, upside potential)
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Trend Indicators
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MACD (4H): Above signal line, histogram positive
ADX: 35 (Strong trend strength)
Parabolic SAR: 22,950 (supportive)
Supertrend: 22,850 (strong support)
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Volume Indicators
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OBV: Rising trend (accumulation pattern)
Volume Rate of Change: Positive
Chaikin Money Flow: +0.15 (buying pressure)
Accumulation/Distribution: Uptrend
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8. KEY SUPPORT & RESISTANCE LEVELS (24H)
Critical Resistance Levels
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R1: 23,100 (Psychological + Gann)
R2: 23,150 (Technical resistance + harmonic)
R3: 23,200 (Minor resistance)
R4: 23,250 (Major swing high)
R5: 23,350 (Extended target)
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Vital Support Levels
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S1: 23,040 (Immediate support)
S2: 23,000 (Psychological + Gann)
S3: 22,950 (Critical support cluster)
S4: 22,900 (Strong technical support)
S5: 22,850 (Major support zone)
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9. 24-HOUR TRADING SCENARIOS
Scenario 1: Bullish Breakout (50% Probability)
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Trigger: Break above 23,120 with volume expansion
Initial Target: 23,180-23,200
Extended Target: 23,300-23,350
Stop Loss (Longs): Below 22,990
Expected Timeline: 12-18 hours from breakout
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Scenario 2: Continued Consolidation (35% Probability)
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Range: 23,000-23,150
Trading Strategy: Range-bound scalping
Buy Zone: 23,020-23,040
Sell Zone: 23,120-23,140
Duration: Full 24-hour period
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Scenario 3: Bearish Breakdown (15% Probability)
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Trigger: Break below 22,990 on volume
Target 1: 22,900-22,950
Target 2: 22,850-22,900
Bounce Level: 22,800-22,850
Recovery Above: 23,050 negates bearish scenario
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10. RISK FACTORS & CATALYSTS (24H)
Bullish Catalysts
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Tech earnings optimism building
AI sector momentum continuation
Institutional portfolio rebalancing (month-end flows)
Strong economic data expectations
Risk-on sentiment from Asia markets
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Bearish Risk Factors
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Profit-taking ahead of earnings
Rising bond yields concern
Geopolitical tensions impact
Overbought technical condition worries
Sector rotation out of tech
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High-Impact Events (Next 24H)
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Asian market opening (risk sentiment gauge)
Weekend news flow analysis
Pre-earnings positioning
Options expiry effects
Futures gap analysis
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11. TRADING RECOMMENDATIONS (24H)
For Scalpers (5M-15M Timeframes)
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Primary Setup: Triangle breakout trade
Entry Long: Above 23,120
Target: 23,160-23,180
Stop Loss: 23,080
Risk/Reward: 1:2 ratio
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For Intraday Traders (30M-1H)
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Strategy: Bull flag continuation
Entry Zone: 23,050-23,070 (on dips)
Target 1: 23,150
Target 2: 23,200
Stop Loss: 23,000
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For Swing Setup (4H basis)
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Approach: Pullback buying opportunity
Optimal Entry: 22,950-23,000
Primary Target: 23,350-23,400
Extended Target: 23,600
Stop Loss: 22,850
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12. CONFLUENCE ANALYSIS
Bullish Confluence at 22,950-23,000
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Gann Theory: 23,000° perfect square support
Elliott Wave: Wave 4 completion zone
Wyckoff: Last Point of Support (LPS)
Fibonacci: 61.8% retracement level
Moving Averages: EMA 50 confluence
Volume Profile: High volume node support
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Resistance Confluence at 23,150-23,200
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Harmonic: Cypher pattern C-point resistance
Previous Structure: Multiple test area
Psychological: Round number resistance
Gann Angles: 63.75° resistance line
Elliott Wave: Wave B completion area
Technical: Flag pattern upper boundary
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FINAL 24H FORECAST SUMMARY
Most Likely Scenario: Continued consolidation with upward bias, testing 23,150 resistance with potential breakout to 23,200+ levels.
Trading Range Expectation: 22,980 - 23,180 (primary range)
Breakout Levels:
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Bullish: Above 23,120 → targets 23,200-23,350
Bearish: Below 22,980 → targets 22,900-22,950
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Key Time Windows:
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Asian Open: 00:00-02:00 UTC (gap direction)
US Pre-market: 08:00-13:30 UTC (institutional flows)
US Cash Open: 13:30 UTC (volume confirmation)
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Risk Management Notes:
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Position sizing should account for tech sector volatility
Weekend gap risk considerations
Earnings season positioning effects
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Probability Assessment:
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50% - Bullish breakout scenario
35% - Range-bound consolidation
15% - Bearish breakdown
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Disclaimer: This analysis is for educational purposes only. Trading involves substantial risk of loss. Always use appropriate risk management and never risk more than you can afford to lose. Past performance does not guarantee future results.
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For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
CALL THE MARKETS - XAUUSD ANALYSISWE HAVE
ona
kyle
Hasan
Ashlee
Mav
We are looking for the new red candle to drop down to 23100 area. from the 23100 to see continuation or a reversal towards ATH for a rejection to continue down to our lower Blue square area.
obviously we will wait for more news but thats what we are looking a for now.
Risk off The cycle low is due 10/10 -20th The Bullish wave count is that we are ending wave 1 of 5 in super cycle blowoff wave 2 would drop in a ABC decline and drop back to .382 alt 50% of the whole rally from 4835 low . This is the bull wave count ! The bearish wave count is that we are ending the final 5th wave up from 2020 low march 23th see my work calling for a panic into 3/18/3/20 2020 the low was 3/23 20 into perfect math at 2191 as was the call for 3510 to 3490 low and the 4835 low all are in near perfect math . My worry for this oct 10 to the 20th Is I see a 1987 like decline taking out the 4835 in a wave E CRASH . Under all three counts I moved to a 110 % short. best of trades WAVETIMER
#NDQ - Monthly Targets: 23721.73 or 21387.86?Date: 03-07-2025
#NDQ - Current Price: 22641.89
Pivot Point: 22554.80 Support: 22276.15 Resistance: 22835.11
Upside Targets:
Target 1: 23028.36
Target 2: 23221.62
Target 3: 23471.67
Target 4: 23721.73
Downside Targets:
Target 1: 22082.06
Target 2: 21887.98
Target 3: 21637.92
Target 4: 21387.86
USTEC 1H – Dual Entry Precision | TCB Trend Phase SetupUSTEC 1H – Dual Entry Precision | TCB Trend Phase Setup
Market remained bullish with clear channel structure. After a pullback into the previous breakout zone, price swept liquidity and wicked below, offering two refined entries (EP 1 & EP 2) inside the demand zone.
🔸 EP 1 – Aggressive entry on first touch
🔸 EP 2 – Confirmation entry after rejection
🔸 SL placed below structural liquidity sweep
🔸 Target: Mid-channel + price inefficiency fill above
Trade Summary
🧠 Trend Phase entry with TCB logic
📌 Demand zone = Key structure
⏱️ Low drawdown
💥 RRR ~1:3
📈 TP in motion (or hit, if price reached 23,267)
📎 #Hashtags:
#USTEC #US100 #Nasdaq #SmartMoneyConcepts #SniperTrader #ForexTrading #PriceActionTrading #TCBSetup #TrendTrading #LiquiditySweep #RiskReward #TradingViewAnalysis
Nasdaq Index Analysis (US100 / NASDAQ):The Nasdaq index continues its upward trend in the medium to long term. Yesterday, it tested the 23,000 USD level and bounced higher toward 23,290 USD.
1️⃣ If the price breaks below 23,100 USD and closes beneath it, we may see a decline toward 23,000 USD, followed by 22,920 USD.
2️⃣ However, if the price holds above 23,290 USD, further bullish momentum could lead to a new high around 23,400 USD.
⚠️ Disclaimer:
This analysis is not financial advice. Please monitor the markets and analyze the data carefully before making any investment decisions.
NASDAQ INDEX (US100): Bullish Continuation Confirmed
NASDAQ Index broke and closed above a resistance of a horizontal
parallel channel on a daily.
It confirms a bullish trend continuation and a highly probable growth
to the next strong resistance.
Goal - 23300
❤️Please, support my work with like, thank you!❤️
NAS100 Bullish Setup: Clean Structure & Entry Zone Pending📊 NASDAQ 100 (NAS100) remains bullish, showing a clean, well-structured uptrend—higher highs and higher lows 🔼📈.
Price has now pulled back into my optimal entry zone 🎯. At this stage, I’m waiting for a bullish break in market structure before considering an entry 🟢🔓.
Patience is key—let the structure confirm first.
Not financial advice ❌💼
US 100 – All Eyes on Tariffs, Trade Deals and Tech EarningsRenewed demand for US assets has been evident throughout July so far and this has helped to lift the US 100 index to new heights with gains of over 2.5% across the month. The technology heavy index has risen from opening levels around 22650 on July 1st, then recorded several all time highs, before eventually finding some selling interest after printing the most recent record peak at 23282 yesterday afternoon.
This upside has been supported by fresh trader hopes of interest rate cuts, after Federal Reserve (Fed) policymaker Waller suggested last Thursday that he would consider a 25bps (0.25%) reduction at their next meeting on July 30th, despite Fed Chairman Powell maintaining the view that the US central bank are currently pursuing a wait and see approach, as they look for more information on inflation and growth trends to assist them to determine the on-going impact of tariffs.
Part of the reason for the Fed’s reluctance to cut rates has also been the resilience of US economic data. With US consumers still spending and employment yet to feel the negative impact of President Trump’s tariff policies, leading to a potential positive knock-on impact for growth and corporate earnings, when considered against prior downbeat market expectations.
This all leads nicely onto what could be a key sentiment driver for the direction of the US 100 this week, the start of earnings updates from the ‘Magnificent Seven’ tech companies, two of which, Alphabet and Tesla, report their earnings after the market close tomorrow. These are then followed by Microsoft and Meta on Wednesday July 30th, then Amazon and Apple on Thursday July 31st.
Traders will be keen to judge actual earnings against market expectations, alongside updates on AI spending and investment, forward guidance on the impact of tariffs and more specifically for Tesla, the time Elon Musk may dedicate to the company, rather than the distractions of politics.
The technical outlook could also be important.
Technical Update: Can The Positive Trend Extend Further?
There appears to be no clear-cut signs of a negative sentiment shift in the US 100 index yet, as fresh buying has continued to develop above support provided by the rising daily Bollinger mid-average, currently at 22785 (see chart below).
Of course, there is no guarantee this positive pattern of higher price highs and higher price lows will continue, especially given the on-going trade discussion between the US and its allies, as well as the earnings announcements from Alphabet and Tesla.
However, it can be useful for traders to prepare for any future volatility by assessing potential support and resistance levels that could impact the direction of the US 100 moving forward.
Potential Support Levels:
It is possible the rising Bollinger mid-average, currently at 22785, represents a first support focus for traders, and as such, closing breaks below this level might lead to a more extended phase of price weakness.
Such moves could see a deeper sell-off towards 22533, which is equal to the 38.2% Fibonacci retracement of June 23rd to July 18th 2025 price strength.
Potential Resistance Levels:
With fresh price strength emerging with the US 100 index above the rising Bollinger mid-average, a positive price pattern of higher highs and higher lows, may still be evident. This reflects buyers are currently willing to pay higher prices, each time a setback materialises.
However, to maintain this uptrend pattern in price, the focus could now be on resistance provided by the July high at 23282 (July 21st). Closing breaks above this level might be required to suggest further strength, towards the next potential resistance level at 24084, which is the weekly Bollinger upper band, even 24482, which is equal to the 38.2% Fibonacci extension.
The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
NASDAQ Rebounding on its 1H MA50.Nasdaq (NDX) rebounded today on its 1H MA50 (blue trend-line), third time since Friday's and Thursday's bounce. A Channel Up is emerging and based on the 4H RSI it is a medium-term bullish reversal off the Pivot trend-line, similar to June 20 - 30.
As you can see, that Channel Up targeted the 2.618 Fibonacci extension before breaking below the 1H MA50 to start a lengthy consolidation. Based on that, we are targeting 23650 (Fib 2.618 ext) on the short-term.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Go Long – Bullish Targets for Next Week- Current Price: $23065.47
- Key Insights: NASDAQ has exhibited resilience despite recent sentiment shifts,
showing signs of potential upside driven by a solid rebound in major tech
stocks. With earnings season approaching, improved performance in underlying
components reinforces long-term confidence in the index.
- Price Targets:
- T1: $23427.43
- T2: $23696.12
- S1: $22834.82
- S2: $22604.17
- Recent Performance: Over the past week, NASDAQ has consolidated near its
current levels, with intraday volatility driven by sector rotations and
macro concerns. While sentiment has weakened, the index remains supported by
key levels near the $23,000 mark.
- Expert Analysis: Analysts express optimism around key components such as
Apple, Microsoft, and Nvidia, which have recently seen improved outlooks.
Broader tech sector strength may drive NASDAQ higher. Caution is advised
given geopolitical uncertainties but upside opportunities dominate momentum.
- Sentiment Analysis:
- Current sentiment: 0
- Last week: 62.5
- Change: -62.5
- Total mentions: 386
- News Impact: Positive developments in semiconductor growth forecasts and
easing fears over rate hikes have supported bullish sentiment. However, last
week’s lower-than-expected inflation data and Federal Reserve signals for
"higher rates for longer" dampened sentiment overall.