US100 - Corrective Pullback into FVG + Golden Pocket setup?This 1H Nasdaq chart paints a classic structure of retracement within a bullish leg, offering potential for continuation after a clean corrective move into inefficiency. It's all about balance restoration before the next impulse.
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1. Resistance Reaction & Local Distribution
Price faced strong rejection at a clearly defined Resistance Zone , marking a point of supply where sellers stepped in with aggression.
- The sharp rejection indicates profit-taking from earlier longs or a short-term distribution zone.
- Structure is transitioning from impulsive to corrective, suggesting a pullback is unfolding rather than a trend reversal (at least for now).
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2. Short-Term Demand Zone Holding Price (Gray Box)
Before reaching deeper liquidity, price is hovering above a local demand block —a previously unmitigated consolidation that supported the last push up.
- This gray zone may provide temporary support, but lacks depth of imbalance.
- It's a weak floor, and smart money typically seeks deeper fills for proper re-accumulation.
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3. Fair Value Gap Below (Primary Draw on Liquidity)
The key area of interest lies just below, where a clean Fair Value Gap (FVG) is formed. This imbalance represents a void in price action where buy-side inefficiency remains.
- Aligned with the 0.618–0.65 Fibonacci retracement range (confluence entry).
- Price is likely to seek this inefficiency for proper rebalancing.
- It’s not just a “fill the gap” play—it’s a liquidity grab where smart money is most likely waiting.
This zone is ideal for reaccumulation before resuming the move higher.
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4. Internal Structure Suggests Bullish Intent After Fill
Price is forecasted to:
- Step 1: Break beneath the short-term demand to draw in liquidity
- Step 2: Tag the FVG zone, tapping into fresh demand
- Step 3: Shift structure via higher low formation and breakout
This is the behavior of an engineered retracement—not panic selling.
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5. Macro Bias Still Bullish – Controlled Pullback
While the short-term price action looks bearish, the context remains supportive of upward continuation:
- No signs of aggressive selling below structure
- Current flow is corrective, not distributive
- FVG zone is strategically placed in alignment with optimal trade entry levels (OTE)
If this zone holds, expect a return to bullish expansion targeting inefficiencies left behind on the push down.
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Conclusion:
This setup is textbook:
- Efficient rejection at resistance
- Controlled retracement into FVG with Fibonacci confluence
- Potential structural shift post-rebalance
Watch for bullish intent to return once the imbalance is filled. Until then, this is not a breakdown—it's a setup.
Indices
Potential bearish drop?S&P500 (US500) has reacted off the pivot and could drop to the 1st support.
Pivot: 5,480.90
1st Support: 5,099.50
1st Resistance: 5,778.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
SP500 remains very bearish overall📈 In my previous post, I highlighted the confluence support zone and the potential for a bounce — and we got it. SP500 rallied around +10% off the lows.
But let’s not get too comfortable...
❓ I s the worst behind or is this just a trap before the next leg down?
From my perspective, the correction is not over.
The current bounce looks more like a bear market rally than a true reversal.
📉 Why I expect another drop:
1. Technically, as long as SP500 is trading below 5500-5600 zone, the structure remains bearish
2. Fundamentally, the backdrop hasn’t improved — if anything, it’s getting worse
3. Price is approaching a major resistance zone, which I plan to sell into
📌 My Plan:
I’m watching this zone for signs of weakness.
If momentum fades, I’ll look to short, targeting at least 5k, potentially even a new local low.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Could the price bounce from here?Dow Jones (US30) is falling towards the pivot which is an overlaps upport and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 39,318.40
1st Support: 37,848.26
1st Resistance: 40,824.20
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NASDAQ Potential DownsidesHey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 19,400 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 19400 support and resistance area.
Trade safe, Joe.
Bullish rise?DAX40 (DE40) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 21,505.00
1st Support: 20,817.80
1st Resistance: 22,723.90
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish reversal?UK100 is reacting off the pivot and could reverse to the pullback support.
Pivot: 8,458.02
1st Support: 8,185.76
1st Resistance: 8,626.49
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DAX H1 | Potential bullish bounce?DAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 21,467.75 which is a pullback support that aligns close to the 23.6% Fibonacci retracement.
Stop loss is at 21,000.00 which is a level that lies underneath an overlap support.
Take profit is at 22,576.90 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Nasdaq-100 H4 | Potential bearish reversalThe Nasdaq-100 (NAS100) could rise towards an overlap resistance and potentially reverse off this level to drop lower.
Sell entry is at 18,144.20 which is an overlap resistance.
Stop loss is at 18,800.00 which is a level that sits above an overlap resistance.
Take profit is at 16,779.34 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Potential bearish reversal?GER40 is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 21,545.11
Why we like it:
There is a pullback resistance level.
Stop loss: 22,174.31
Why we like it:
There is a pullback resistance level that lines up with the 138.2% Fibonacci extension.
Take profit: 20,327.32
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
S&P500: Bottomed on an Inverse Head and Shoulders.The S&P500 index is bearish on its 1D technical outlook (RSI = 36.973, MACD = -126.240, ADX = 31.007) but long term appears to have bottomed on an Inverse Head and Shoulders pattern. In fact, the Head made a low on the Double Bottom and the bearish outlook is currently due to the Right Shoulder formation. A crossing over the dashed LH trendline and even better the 4H MA200, would aim for the 2.0 Fibonacci extension (TP = 6,280).
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SPX500 H1 | Approaching a multi-swing-low supportSPX500 is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 5,206.22 which is a multi-swing-low support.
Stop loss is at 5,045.00 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 5,490.31 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
S&P 500 Daily Chart Analysis For Week of April 17, 2025Technical Analysis and Outlook:
In the recent shortened trading session, the Index recorded steady to lower prices, distancing itself from the Mean Resistance level of 5455, as indicated in the previous week's Daily Chart analysis. This trend establishes a foundation for continuing the downward trajectory, targeting the Mean Support level 5140. Should this downward momentum persist, further declines may extend to the next Mean Support level of 4970 and ultimately reach the completed Outer Index Dip at 4890.
Conversely, it is essential to acknowledge the possibility of upward momentum at the current price level, which may challenge the Mean Resistance of 5455 and extend toward the Outer Index Rally at 5550.
Nasdaq - This Is Still Not The End Yet!Nasdaq ( TVC:NDQ ) cannot resist bearish pressure:
Click chart above to see the detailed analysis👆🏻
Over the past three months, we saw such a harsh correction on the Nasdaq that a lot of people are freaking out entirely. However technicals already told us that something feels wrong and this is the result. If we see another -10% from here, buying the dip will most likely pay off.
Levels to watch: $16.000
Keep your long term vision,
Philip (BasicTrading)
Bearish drop off 50% Fibonacci resistance?USTEC is rising towards the pivot and could reverse to the pullback support.
Pivot: 18,606.32
1st Support: 17,788.70
1st Resistance: 18,942.56
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?DAX40 (DE40) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 20,786.83
1st Support: 20,370.22
1st Resistance: 21,784.20
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?Dow Jones (US30) is reacting off the pivot nd could drop to the 1st support that lines up with the 61.8% Fibonacci extension.
Pivot: 39,291.00
1st Support: 37,024.36
1st Resistance: 40,624.32
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NASDAQ: Stop the noise. Long term investors are buying here.Nasdaq may be recovering on its 1D technical outlook but remains bearish on the 1W (RSI = 37.616, MACD = -451.790, ADX = 38.564) as the timeframe is still under the dramatic effect of the 3 month correction. The market however appears to be finding support a little over the 1W MA200 and may turn out to be the new long term technical bottom as the 1W RSI rebounded from oversold grounds.
The last three times that happened, the index rose aggressively. The 15 year pattern is a Bullish Megaphone and every rally inside it obviously gets stronger. As long as the market is holding the 1W MA200, the trend will be bullish and this is the right opportunity to buy for the long term, aiming at another +113.90% bullish wave (TP = 36,000) to get hit towards the end of 2027.
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Potential bearish drop?DJ30 is reacting off the support level which is an overlap support and could drop from this level to our take profit.
Entry: 39,332.63
Why we like it:
There is an overlap support level.
Stop loss: 40,743.45
Why we like it:
There is an overlap resistance level.
Take profit: 37,047.85
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci projection.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
FTSE 100 H4 | Potential bullish bounceThe FTSE 100 (UK100) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 8,141.11 which is an overlap support that aligns close to the 23.6% Fibonacci retracement.
Stop loss is at 7,802.66 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 8,540.98 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.