US 100
Long
Updated

5 May Weekly NAS100 Forecast

225
USTECH: Trade Talks and Fed Decision in Focus

Analysis:
Markets are at a pivotal juncture as investors monitor two critical developments: the potential resumption of U.S.-China trade negotiations and the Federal Reserve's upcoming policy decision.


Trade Negotiations: Renewed dialogue between the U.S. and China could alleviate tariff pressures, stabilize global supply chains, and bolster investor confidence, thereby reducing recession risks.

Federal Reserve Decision: The Federal Open Market Committee (FOMC) is scheduled to meet on May 6–7, 2025. While the Fed is widely expected to maintain the current interest rate range of 4.25%–4.50%, market participants are keenly awaiting Chair Jerome Powell's commentary for insights into future monetary policy directions.


Market Bias: Cautiously Bullish
The confluence of potential trade resolutions and a steady monetary policy stance supports a cautiously optimistic outlook. However, market volatility may persist pending concrete developments.

Key Levels to Watch:

USTECH (NASDAQ 100):

Resistance: 20 531

Support: 19 481



Conclusion:
Investors should remain vigilant, monitoring both geopolitical developments and central bank communications, as these factors will significantly influence market trajectories in the near term.


---

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research before making trading decisions.

---
Trade closed: target reached
As forecasted the market reacted positively to the trade deal between USA and CHINA. Amazing stuff! Take Profit hit and money got made.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.