Price Consolidation and Breakout Scenarios: Key Levels for TrendTechnical Analysis
The price is expected to consolidate between 21,535 and 21,625 until a breakout occurs.
A breakout above 21,630, confirmed by a 4-hour candle closing above this level, will support a bullish movement toward 21,770.
Alternatively, if the price stabilizes below 21,535, it may turn bearish, targeting 21,400 and 21,330.
Key Levels:
Pivot Point: 21620
Resistance Levels: 21770, 21900, 21990
Support Levels: 21535, 21400, 21215
Trend Outlook:
- Bearish Momentum: Stabilization below 21,535
- Bullish Momentum: Stabilization above 21,625
Usnas100
NASDAQ Bearish Momentum Persists as Price Drops 2.7% in 24 HoursTechnical Analysis
The price has dropped more than 2.7% in the last 24 hours.
The bearish trend, as highlighted in the previous analysis, remains intact. The price is likely to stabilize within the bearish trend, targeting 20,670 and 20,550, as long as it trades below 20,990.
However, a bullish correction toward 20,860 or 20,990 is possible, particularly if the price stabilizes above 20,860.
Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 21080, 21210
Support Levels: 20780, 20670, 20550
Trend Outlook:
- Bearish Momentum with stability below 20990
- Bullish Momentum by stability above 20990
Previous idea:
NASDAQFed's Hawkish Stance Sparks Fears ofSustained 4%Rate FloorMarkets Fear Fed's 4% Floor as Dollar Surges
While the Federal Reserve's "hawkish cut" on Thursday was widely anticipated, markets are now concerned that the 4% policy rate will act as a floor for the coming year, with no further easing expected until midyear or later.
Technical Analysis
The price dropped approximately 4.5% yesterday ahead of the Fed's rate decision. Today, the market corrected to the resistance level of 21,420, after which it is likely to drop back toward 21,215, particularly if it stabilizes below 21,420.
Stability below 21,420 will maintain a bearish trend, targeting 21,280 and 21,215.
A break below 21,215, confirmed by a 4-hour candle close, could push the price further down toward 20,990.
Key Levels
Pivot Point: 21420
Resistance Levels: 21530, 21620, 21770
Support Levels: 21290, 21215, 20990
Trend Outlook
Bearish Momentum: Likely to persist with stability below 21,420.
Bullish Momentum: Possible if stability above 21,420 is achieved.
Price Retest Scenarios and Key Levels for Trend ConfirmationTechnical Analysis
The price has surged to a new historic high. It is now expected to retest 21900. A confirmed 4-hour candle close below 21900 will indicate a bearish move toward 21770.
On the other hand, if the price stabilizes above 22120 with a confirmed 1-hour candle close, it will support a bullish trend toward 22230.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum with stability below 22120
- Bullish Momentum by stability above 22120
NASDAQ / Price at Critical Levels Amid Rate Decision SpeculationTechnical Analysis
The price completed its correction to 21,900 and then pushed back up to the all-time high (ATH). Now, a drop toward 21,900 is possible, with a break below this level signaling a bearish zone. This movement will depend on Jerome Powell's speech and whether there is an indication of a rate decrease in the next meeting. A rate decrease would likely have a bullish impact on the indices.
Conversely, if the price stabilizes above 22,120 with a confirmed 1-hour candle close, it would support a bullish trend toward 22,290 and 22,410.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum: Stability below 22,120
- Bullish Momentum: Stability above 22,120
NASDAQ Technical Analysis: CPI Impact on Bearish MomentumTechnical Analysis
The price will trade under bearish momentum and high volatility due to the CPI data we have Today, as expectation the indices should trade at the bearish area, on the other hand technically side, as long as Nasdaq trades below 21535 and 21410 will be bearish toward 21220 especially if the result published more than expected which is 2.7%.
Otherwise, CPI Less than 2.7% will support bullish to get a new ATH especially if close 4h candle above 21535.
Key Levels:
Pivot Point: 21480
Resistance Levels: 21570, 21670, 21870
Support Levels: 21320, 21220, 21150
Trend Outlook: Bearish Momentum with some correction
USNAS100: Consolidation with Key Breakout levelTechnical Analysis
The price is currently consolidating between 21535 and 21420, awaiting a breakout.
Bullish Scenario: Stability above 21535, confirmed by a 1-hour or 4-hour candle close, could push the price higher toward the all-time high (ATH) at 21675.
Bearish Scenario: As long as the price trades below 21535, it may retest 21420. A break below 21420 will confirm a bearish trend, with the next target at 21220.
Key Levels:
Pivot Point: 21535
Resistance Levels: 21675, 21820, 22020
Support Levels: 21420, 21220, 21150
USNAS100 - Bullish Momentum and Potential Reversal LevelsTechnically:
The price experienced upward momentum on Friday and maintains its bullish trajectory, with stability observed above the critical level of 20,860.
Bearish Scenario:
A sustained break below 20,860 could trigger further declines, with potential targets at 20,730 and 20,600.
Bullish Scenario:
As long as the price remains above 20,860, the bullish outlook remains intact, paving the way toward 20,990. A breakout above this level may propel the price to an all-time high of 21,230. Notably, a retest of the 20,860 level from the current price is a plausible scenario.
Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 21080, 21230
Support Levels: 20730, 20660, 20550
USNAS100 / STILL BEARISH AREA !!!Technically:
The price did its retest to 20655 and dropped again.
So, Now it has a bearish area as long as trades below 20550 to get 20330
the retest possibility is till 20660; then stability below that level will remain a bearish trend.
Otherwise, stability above 20660 by closing 1h or 4h candle will attend a bullish trend toward 20860
Key Levels:
Pivot Point: 20550
Resistance Levels: 20660, 20860, 21070
Support Levels: 20330, 20130, 19950
Trend Outlook:
Bearish below 20550 and 20660
Bullish above 20660
Price Action Analysis: Bearish Continuation or Bullish ReversalTechnical Analysis:
The price experienced a significant decline of approximately 3.9% over the past week, as previously highlighted.
Currently, a potential retest of the 20550 or 20660 levels is anticipated. Sustained stability below these levels would reinforce the bearish trend, paving the way for a decline toward 20330, with a further drop to 20130 if this level is breached.
On the other hand, if the price stabilizes above 20660, confirmed by a 1-hour or 4-hour candle close, it would signal a shift to a bullish trend, targeting a move toward 20860.
Key Levels:
Pivot Point: 20550
Resistance Levels: 20660, 20860, 21070
Support Levels: 20330, 20130, 19950
Trend Outlook:
Bearish below 20550 and 20660
Bullish above 20660
USNAS100 - Dropped and still Running!Technical Analysis:
The price has declined by approximately 1.75%, as previously indicated.
Currently, it is approaching 20,705. A confirmed 1-hour candle close below this level is required to sustain the bearish trend toward 20,550.
Alternatively, breaking above 20,860 could shift the momentum to bullish, targeting 21,070.
Key Levels:
Pivot Point: 20780
Resistance Levels: 20860, 20980, 21170
Support Levels: 20670, 20550, 20330
Trend Outlook:
Bearish below 20780 and 20700
previous idea:
Markets Slip Amid Election Uncertainty &Fed Rate Cut ExpectationTechnically:
As long as the price trades under 20130 it means will try to touch 19950, and then should break that to continue the trend toward 19860 and 19730,
Bearish Scenario: While trading below 20130, the price may attempt to reach 19950 and 19860. A break below 19740 would pave the way for further declines toward 19520.
Bullish Scenario: Stabilization above 20130 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420.
Key Levels:
Pivot Point: 20130
Resistance Levels: 20240, 20330, 20420
Support Levels: 19950, 19860, 19740
Trend:
- Bullish above 20130
- Bearish below 20110
Markets Slip Amid Election Uncertainty and Fed Rate Cut Expectations:
U.S. stock indexes slipped in choppy trading on Monday as investors braced for a pivotal week with the U.S. presidential election and a potential Fed rate cut. Uncertainty lingered, with no clear winner expected immediately between Kamala Harris and Donald Trump. "Trump trades" weakened as polls showed Harris leading in Iowa, causing drops in the dollar, bond yields, and Bitcoin. Harris' odds improved on key betting sites, closely watched by market participants.
USNAS100 / Bearish Pressure with Potential Retest OpportunitiesTechnically:
The price has dropped precisely as anticipated. It is now expected to reach 20008, with a stabilization below the 20008 level likely extending the decline toward 19740.
Bearish Scenario: While trading below 20130, the price may attempt to reach 20008 and 19860. A break below 19740 would pave the way for further declines toward 19520.
Bullish Scenario: Stabilization above 20130 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420.
Key Levels:
Pivot Point: 20130
Resistance Levels: 20240, 20330, 20420
Support Levels: 19990, 19860, 19740
Trend outlook:
- Bullish above 20130
- Bearish below 20020
previous idea:
NASDAQ /Key Levels: Bullish Above 20,330, Bearish Below 20,125Price at Crossroads: Bullish Break Above 20,330 or Bearish Drop Below 20,125?
Technically analyze:
The price has dropped precisely as anticipated. It is now expected to reach 20,125, with a break below this level likely extending the decline toward 19,990.
Bearish Scenario: While trading below 20,240, the price may attempt to reach 20,125. A break below 20,125 would pave the way for further declines toward 19,990 and 19,870.
Bullish Scenario: Stabilization above 20,330 would open the path to 20,420. Further strength above this level could create a bullish zone targeting 20,550 and 20,700.
Key Levels:
Pivot Point: 20240
Resistance Levels: 20330, 20420, 20550
Support Levels: 20125, 19990, 19860
Trend:
- Bullish above 20330
- Bearish below 20240
UNSAS100 Downtrend Persists Despite Earnings, Eyes on Support The UNSAS100 reached the previously identified resistance level of 20,540 before reversing downward. The current direction is bearish despite the earnings results, with a potential retest of 20,330 anticipated before resuming a downward trend.
If the price remains below 20,330 and 20,180, it is likely to decline further towards 19,990. Conversely, stability above 20,330 would signal a return to bullish momentum, targeting 20,540 and 20,710.
Key Levels:
Pivot Point: 20180
Resistance Levels: 20330, 20480, 20540
Support Levels: 19990, 19860, 19750
Trend:
- Consolidation 20180 - 20330
- Bearish below 20180
- Bullish above 20330
Nasdaq / It looks bearish, especially with stability below 19860Nasdaq Technical Analysis:
The price dropped as we mentioned yesterday and still running to get 19520 while trades under 19860
So the direction will be downward for today till 19520 with correction till 19860
otherwise, stability above 19860 will try to touch 19950 and 20080
Key Levels:
Pivot Point: 19770
Resistance Levels: 19860, 19980, 20090
Support Levels: 19620, 19520, 19170
Expected Trading Range for Today: 19870 to 19520
Trend:
Bearish while under 19860
Previous idea:
Nasdaq Consolidates with Bullish Potential Above 19,900Technical Analysis:
The Nasdaq is currently consolidating between 19900 and 20085.
Stability above 19,900 would signal a bullish trend towards 20085 and 20500.
However, if the index remains below 19900, it is likely to test 19800, with a break below this level confirming a bearish trend targeting 19680.
Key Levels:
Pivot Point: 19900
Resistance Levels: 20085, 20210, 20,530
Support Levels: 19800, 19690, 19400
Expected Trading Range for Today: 19800 to 20200
Trend:
Bullish while above 19900
previous idea:
Nasdaq Holds Support at 20,080 with Bullish PotentialNasdaq Technical Analysis:
The price has reached our previous target of 20,350 and reversed back to its support of 20080.
Currently, the price needs to break below 20,080 to target 19,900, with a potential further decline to 19,690.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.
Key Levels:
Pivot Point: 20080
Resistance Levels: 20190, 20350, 20540
Support Levels: 19900, 19690, 19540
Expected Trading Range for Today: 20350 to 19900
Trend:
Bullish: While above 20080
Bearish: If 20080 is broken
previous idea:
Nasdaq Awaits CPI Report with Potential for Volatility &BreakoutNasdaq Technical Analysis
U.S. futures remain steady ahead of the highly anticipated CPI report, which is expected to significantly impact market direction. Projections suggest the CPI will come in around 2.5%, signaling a weaker USD and likely driving indices into a strong bullish trend. However, if the CPI exceeds 2.7% or 2.8%, market movements may become unpredictable, with the potential for a downward shift.
The Nasdaq is expected to consolidate between 18,630 and 18,930 until a breakout occurs, with heightened volatility likely around the release of the inflation data.
If the CPI results are lower than expected, the price could surge toward 19,220, with the possibility of reaching 19,625, particularly if the price stabilizes above 18,220. On the other hand, a higher-than-expected CPI result (around 2.8%) may create volatility and support a decline toward 18,340.
Key Levels:
Pivot Point: 18800
Resistance Levels: 18930, 19220, 19625
Support Levels: 18630, 18340, 17890
Expected Trading Range: 18340 - 19220
Trend: Bullish Movement with High Volatile of CPI
USNAS100 / Bearish Outlook before Inflation DataNasdaq Technical Analysis
The Nasdaq price has declined and stabilized below the pivot range of 18640, indicating a bearish trend.
As long as the price remains below 18640, further downside is expected, with a potential target at 18340. A break below this level could extend the bearish trend.
For a bullish reversal, the price would need to stabilize above 18640, with an upward move towards 18930.
Key Levels:
Pivot Range: 18630
Resistance Levels: 18800, 18930, 19210
Support Levels: 18340, 18150, 17890
Expected Trading Range: 18150 - 18680
Trend: Bearish while below 18640.
USNAS100 /ADP, ISM affect with bullish volume till 19160 THEN...Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 18920, signaling a bearish trend, but there is a consolidation zone between 18915 and 19160 will make the price tries to test the 1910 level again, In general stability above 19160 will be an uptrend till 19430, and stability under 18915 will support falling to get 18760 and 18420
Key levels:
Pivot line: 18920
Resistance Lines: 19020, 19185, 19390
Support lines: 18760, 18560, 18420
Range movement will be between 19160 and 18420
The economic reports data Today will impact the NASDAQ market
Trend: Bearish, as long as the price remains below 18920.
USNAS100 / Already dropped and still, or enough...Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 19,535, signaling a bearish trend, particularly given the significant bearish volume below this level.
As long as the price remains under 19,535 and 19685, it will likely continue declining, potentially reaching 19370 and 19185.
However, a break above 19685, followed by 19820 and 19975.
Key Levels:
Pivot Line: 19535
Resistance Levels: 19625, 19972, 20100
Support Levels: 19290, 19185, 18940
Expected Trading Range for Today: 19685 to 19185
Trend: Bearish, as long as the price remains below 19535.
Nvidia Meets Expectations, But Market Reaction Falls Short
Nvidia Meets Expectations, But Market Reaction is Muted
Nvidia delivered results that met expectations, but the market's reaction was underwhelming. This subdued response is in line with what we've seen across the tech sector this earnings season, where even companies that exceed projections face a lukewarm reception. These stocks are highly valued and have seen rapid gains, making it increasingly difficult to exceed investor expectations.
Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 19,535, signaling a bearish trend, particularly given the significant bearish volume below this level.
As long as the price remains under 19,535, it is likely to continue declining, potentially reaching 19,185 and, if that level is breached, down to 18,760.
However, a break above 19,535, followed by 19,625, could signal a bullish reversal toward 19,970 and 20,100.
Today's GDP data release is anticipated to have a negative impact on the indices if the figures do not meet expectations.
Key Levels:
Pivot Line: 19535
Resistance Levels: 19625, 19972, 20100
Support Levels: 19290, 19185, 18940
Expected Trading Range for Today: 19625 to 18420
Trend: Bearish, as long as the price remains below 19535.
previous idea: