Bullish bounce off pullback support?S&P500 is falling towards the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 5,326.10
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 5,211.08
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci retracement.
Take profit: 5,517.82
Why we like it:
There is an overlap resistance level.
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Indices
Nasdaq-100 H4 | Rising into a swing-high resistanceThe Nasdaq-100 (NAS100) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 19,237.66 which is a swing-high resistance.
Stop loss is at 19,950.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance.
Take profit is at 18,144.20 which is an overlap support that aligns with the 38.2% Fibonacci retracement.
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.
Bullish rise?UK100 has bounced off the pivot which acts as a pullback support and could rise to the 1st resistance which aligns with the 78.6% Fibonacci retracement.
Pivot: 7,969.75
1st Support: 7,696.99
1st Resistance: 8,465.81
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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.
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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.
S&P500: Bottom is in. 5,800 Target imminent.S&P500 is almost neutral on its 1D technical outlook (RSI = 44.927, MACD = -131.940, ADX = 29.116) as it has recovered from the tariff selloff, finding support a little over the 1W MA200. The 1D RSI made a double bottom and is much like the October 27th 2023 bottom. Both DB bullish divergences in contrast to the LL of the price. The immediate target on the rebound that followed in 2023 was the R1 level. Trade: long, TP = 5,800.
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Nikkei 225 Rebounds Sharply, but Damage RemainsAfter plunging to test key support around 30,400, the Japan 225 index is staging a strong recovery, up nearly 2% on the day. However, the technical picture still leans cautious:
🔻 Price remains well below the 50- and 200-day SMAs
📉 MACD remains in bearish territory, though downside momentum is slowing
📊 RSI has bounced off oversold levels, now at 43.17
This rebound could extend further in the short term, but bulls likely need a close back above 37,000 to repair the broader trend. Until then, rallies may prove corrective within a developing downtrend.
-MW
SPX Fractal Expansion: New Highs Ahead Despite FearAs of April 14, 2025, the CBOE:SPX is exhibiting a clear fractal expansion, suggesting the beginning of a new bullish leg. The recent correction, which caused widespread panic, appears to have completed a fractal cycle reset, with price respecting historical support near 4704 and forming a new fractal edge around 5300.
Despite the fear-driven selloff, momentum indicators like RSI and MACD show signs of bottoming, and volume surged on rebound days, confirming strong institutional buying. The price is now testing temporary resistance at 5878, with a path open to reclaim all-time highs (6100+).
Global & Technical Tailwinds
Technical momentum is recovering across timeframes, with positive divergence on stochastic oscillators.
Breadth is improving: More stocks are participating in the rally, reflecting internal strength.
Sentiment has flipped: The VIX has cooled from panic levels (above 45), and investor fear is easing.
Macro support: Inflation is declining, and central banks are signaling potential rate cuts by late 2025.
Earnings outlook remains solid, and analysts forecast SPX to end 2025 around 6500–7100.
🔍Conclusion
The SPX is carving out a fractal mirror of past bullish reversals, reinforced by strong macro and technical context. Barring unexpected shocks, the index is likely to break above resistance and push toward new highs, even as residual fear lingers. The setup favors buying dips within this emerging structure.
DAX H4 | Swing-high resistance overheadThe DAX (GER30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,467.75 which is a swing-high resistance.
Stop loss is at 22,100.00 which is a level that sits above a pullback resistance.
Take profit is at 20,318.67 which is an overlap support that aligns close to the 61.8% Fibonacci retracement.
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.
Bullish bounce off pullback support?GER40 has bounced off the support level which is a pullback support that lines up with the 5-% Fibonacci retracement and could rise from this level to our take profit.
Entry: 20,283,82
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 19,359.58
Why we like it:
There is a pullback support level.
Take profit: 21,468.60
Why we like it:
There is a pullback resistance 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.
NAS100 Playbook For The Week Friday closed around 18,783, likely in the midst of wrapping up Wave 5 on the 1H timeframe ⚠️
However, the daily Wave 5 still looks incomplete — my upside target remains around 19,732.
Notably, price hasn’t tapped the Wave 3 daily high at 19,258, so there’s still room for one more push 📈
What I’m Watching:
🔻 Short-term pullback likely.
Here are the zones I’m eyeing for potential shorts:
🔹 1H Wave 2 FVG zone → 18,098
🔹 Daily FVG / Wave 2 bottom → 17,573
I’ll be looking to short into one of those levels IF structure confirms, then potentially flip long once we see a solid move on the daily 💥
—
Trading structure over signals — let the wave tell the story 🌊
#NAS100 #ElliottWave #MarketStructure #kushstratedFX
S&P 500 Daily Chart Analysis For Week of April 11, 2025Technical Analysis and Outlook:
During the current trading session, the Index has recorded lower opening prices, thereby completing our key Outer Index Dip levels at 5026 and 4893, as previously highlighted in last week's Daily Chart analysis. This development establishes a foundation for a continuous upward trend, targeting the Outer Index Rally at 5550, with an interim resistance identified at 5455. Should this upward momentum persist, further extension may reach the subsequent resistance levels of 5672 and 5778, respectively. However, it is essential to note that a downward momentum may occur at the very significant completion target level of the Outer Index Rally at 5550, with the primary objective being a Mean Sup 5140 and retest of the completed Outer Index Dip at 4890.
DOW JONES: Just triggered the most historic buy signal (1M MA50)Despite the bearishness on the lower timeframes, Dow is neutral on the ultimate long term chart, the 1M (RSI = 51.044, MACD = 1991.530, ADX = 44.038) and that is due to the fact it almost touched its 1M MA50. This neutral technical setting is a great reset for the Channel Up and stands as the most ideal long term buy entry and was tested before on all 4 major market bottoms (September 2022, March 2020, January 2016, October 2011). In all incidents it set in motion the new Bull Cycle, technically the bullish wave of the Channel Up. The most common price increase is +70% and along those lines, we anticipate Dow to hit 60,000 by the end of 2027.
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DOW JONES: High volatility but clear picture long term.Dow Jones turned bearish on its 1D technical outlook (RSI = 40.021, MACD = -1063.380, ADX = 32.380) as it is correcting brutally yesterday's gains on uncertainty regarding the 90-day pause of tariffs. We can't overlook however the fact that yesterday's rebound happened on the 1W MA200 and at the bottom (HL) of the Bullish Megaphone. The very same sequence of events unfolded during the last big U.S.-China trade war that bottomed in December 2018. First a Channel Down bottomed on the 1W MA200 and started the Bullish Megaphone that bottomed on the 2018 trade war.
Both trade war corrections were -19% and if what follows replicates the 2019 rise, then we are up for a +35% rally. Potential TP = 49,000.
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Where is the support level for Nasdaq?! Is the bloodbath over?Bearish fair value gap ranges are taking over this chart and when we rally up into them, they have been sending us down over and over.
This week we have had the advantage of a bearish gap from last week's low. This gave us clear reason to seek longs to fill the gap. Now we have a small cushion of long interest in this range after retesting the 2023 yearly candle's broken high.
As long as we remain above this yearly level--16.960ish (Using last year's low for NQ 17,570ish)-- we will see a neat consolidation and sitting upon these levels before the rally that may lead us out of this range.
That is what I expect, however, if we lose these levels, you already know we are headed to the dungeon of a true recession.
20 min breakdown:
S&P500: Trump's 90-day tariff pause just saved the day??S&P500 is having so far a +9.50% rise from today's low as even though Trump announced a 125% raise to China tariffs, he lowered and paused tariffs for 90 days to all countries that contacted the U.S. for negotiation. The 1D technical outlook is about to get neutral (RSI = 42.537, MACD = -181.510, ADX = 39.036) as the rebound is taking place at the HL bottom of the Bullish Megaphone, while the 1W MA200 stayed intact.
A similar Megaphone was last seen during the previous 2018 Trade War and was completed with the COVID crash that started an abnormal rally to new ATH to correct the equally abnormal crash. Needless to say, it was based on quick rate cuts but the situation isn't all that different today. Trump's stance towards negotiating, coupled with highly anticipated rate cuts, can deliver an equally abnormal rally now.
The previous HH of the Bullish Megaphone hit the 2.0 Fibonacci extension. This time if the rally extends to the end of the year, targeting the 1.5 - 1.618 Fibonacci Zone would be considered fair (TP = 6,900).
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Bond Yields Ripping, Will Wall Street Take Notice?Rising yields can usually be associated with a period of risk on. But seeing the 30-year treasury yield rise over 20bp in Asia while Wall Street futures cling on to their cycle lows is anything but usual. In fact, it's a bad omen of things to come.
Matt Simpson, Market Analyst at City Index and Forex.com
NASDAQ: Cyclical correction most likely completed. ATH by June?Nasdaq remains oversold both on its 1D (RSI = 25.630) and 1W (RSI = 28.851, MACD = -442.980, ADX = 36.399) technical outlook as yesterday's rally is being corrected today on strong technical selling. Long term it looks like this was a cyclical correction, reached -25%, hit the 3W MA50/1W MA200 zone (which has been the best buy entry in the past 10 years) that has most likely been completed. In addition, the 1W RSI is on the same oversold levels as May 16th 2022, the lowest it has been since 2008. According to the Fibonacci Channel Up, the market can hit 22,300 as early as June.
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Could the price bounce from here?S&P500 is falling towards the support level which is an overlap support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 4,963.98
Why we like it:
There is an overlap support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 4,800.67
Why we like it:
There is a pullback support level.
Take profit: 5,158.53
Why we like it:
There is a pullback resistance 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.
Falling towards 61.8% Fibonacci support?DJ30 is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 37,602.11
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 36,538.75
Why we like it:
There is a pullback support level.
Take profit: 39,559.66
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
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.