USATEC trade ideas
NQ: Crumbs left to the upsideGood day!
Following the weekly analysis, here are possible movements for the next few sessions.
As I mentioned few times now, there is still small room left to the upside followed by a consolidation before resuming the down trend with the beginning of Wave 3 and its Initial Swing.
Price has already made a new HH. Price might continue up without making a new HL. But I see a HL first. GL!
Navigating the Next Trend MoveOverall Trend:
The price shows a clear uptrend, as indicated by the ascending channel (sloping yellow lines). The price has been respecting this channel, with higher lows and higher highs.
Support and Resistance:
Support: The 19,734.2 level (marked on the chart) has acted as a key support. The price bounced from this level after a correction.
Resistance: The 19,849.6 level (also marked) appears to be a resistance zone, as the price has shown difficulty breaking above it on a sustained basis.
Projection: The price is approaching potential resistance at 20,072.9, which could be a target if the uptrend continues.
Indicators:
200-period EMA (blue line): The price is above the 200-period EMA, confirming the uptrend on this timeframe. The EMA is around 19,889.4, acting as dynamic support.
Patterns and Structure:
The price has broken out after consolidating near the 200 EMA and the support at 19,734.2, suggesting that buyers are in control.
Possible Scenarios:
Bullish Scenario: If the price breaks the resistance at 19,849.6 with increasing volume, it could head toward the target at 20,072.9. This would confirm the continuation of the uptrend within the channel.
Bearish Scenario: If the price fails to break above the resistance at 19,849.6 and confirms the pin bar with a downward movement, it could correct toward the support at 19,734.2 or even the 200 EMA at 19,889.4.
Trader Recommendation:
Long Entry (Buy): Wait for a breakout and close above 19,849.6 with confirmation (e.g., a strong bullish candle or increased volume). The target would be 20,072.9, with a stop loss below 19,734.2.
Short Entry (Sell): If a rejection at 19,849.6 is confirmed (e.g., with a bearish candle following the Pin Bar), consider a sell entry with a target at 19,734.2 or the 200 EMA, placing a stop loss above 19,849.6.
Conclusion:
The US 100 is in an uptrend, but the resistance at 19,849.6 and the Pin Bar suggest caution. Traders should wait for confirmation before entering positions, either to take advantage of the bullish continuation or a possible correction. Managing risk is key, especially on a 15-minute time frame, where volatility can be high.
Hanzo | Nas100 15 min Bullish Break– Confirming the Next Move🆚 Nas100 – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
——————
💯 Main Focus: Bullish Breakout at 19575
We are watching this zone closely.
📌 If price breaks with high volume, it confirms Smart Money is in control, and a strong move may follow.
———
Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 19460
• Liquidity Grab + CHoCH at 19000
• Strong Rejections seen at:
➗ 19100 – Major support / Key level
➗ 19450 – Proven resistance
🩸 Key Zones to Watch:
• 19450 – 🔥 Bullish breakout level X 3 Swing Retest
• 19460 – Strong resistance (tested 5 times)
• 19100 – Equal lows
• 19500 – Equal highs
Hanzo | Nas100 15 min Breaks – Will Confirm the Next Move
Wave V in PlayThe market appears to have completed a corrective wave IV, forming an ABC structure that tapped into the key demand zone around 20,025.1. This zone aligns with previous structure support, the lower boundary of the ascending channel, and a critical trendline.
🔍 Likely scenario:
If price holds above this level, we could be witnessing the beginning of wave V, with potential targets near 20,254.5.
Wave V is expected to unfold in 5 smaller internal waves and may extend further if price breaks through the mid-channel resistance.
🚨 🔺 CRUCIAL LEVEL TO WATCH: The 20,215 area is extremely important. Price reaction here will be decisive:
A strong rejection could signal a truncated wave V or the start of a deeper correction.
A clean breakout would confirm bullish continuation toward 20,254.5 and beyond.
🟢 Key Zones:
📌 Demand: 20,025 – 20,000
📌 Critical Resistance: 20,215
📌 Wave V Target: 20,254.5
📌 Invalidation level: A drop below 19,975 would invalidate the current bullish count.
📌 Trade Plan:
Look for bullish confirmation at 20,025 to consider long setups.
Watch 20,215 closely for signs of strength or rejection. If price breaks above it with momentum, continuation is likely.
US100 Triangle Squeeze – Breakout or Fakeout?Hey Traders,
Price is currently consolidating within a symmetrical triangle, squeezing between rising support and descending resistance.
Two potential bullish scenarios on watch:
🔹 Scenario 1:
Breakout above triangle resistance with confirmation → Potential rally toward the 19,200–19,600 zone.
🔹 Scenario 2:
Short-term rejection at resistance → Pullback to triangle support or the 18,370 level → Then bounce for continuation to the upside.
If the triangle breaks to the downside, I’ll be watching the 18,000 and 17,600 demand zones for a potential reaction.
📌 Key Levels:
Resistance: 18,800 / 19,200 / 19,600
Support: 18,370 / 18,000 / 17,600
⚠️ Not financial advice – just sharing market insights.
– Mr. Wolf 🐺
#US100 #NAS100 #DowJones #Indices #PriceAction #BreakoutTrading #ChartAnalysis #TechnicalAnalysis #DayTrading #SwingTrading #TradingView
USNAS100 30M CHART PATTERN echnical Analysis Summary
Chart Pattern Observed:
The chart shows a clear ascending triangle pattern, which is a bullish continuation pattern. This is formed by a horizontal resistance level (around 19,550) and a rising trendline (higher lows), suggesting buying pressure is building up.
Key Levels:
Resistance Zone: 19,550
Support Trendline: Rising from ~19,050 to current level
Current Price: ~19,580
Breakout Target: 19,800.00 (as marked)
Interpretation:
Price has tested the 19,550 resistance multiple times without breaking lower significantly, indicating strength.
A breakout above this resistance would confirm the bullish triangle pattern.
The projected target, calculated using the height of the triangle added to the breakout level, is around 19,800.
Volume confirmation would further strengthen the breakout's validity (not shown here).
Potential Strategy:
Buy on breakout above 19,550, ideally with volume confirmation.
Take Profit: Around 19,800, per the measured move projection
NASDAQ-100 Head & Shoulders Breakdown?I've been tracking a potential head and shoulders pattern on the NASDAQ-100, with a neckline at 17,720. If the pattern completes and breaks down convincingly, the measured move projects a target near 13,200 — a significant potential drop.
While technical patterns aren’t guarantees, they often coincide with underlying fundamentals. In this case, there are several macroeconomic headwinds that could catalyze such a decline:
Sticky Inflation and Interest Rate Uncertainty: Despite some progress, inflation remains above the Fed’s target. A “higher for longer” rate environment continues to pressure equity valuations, especially in tech-heavy indexes like the NASDAQ-100.
Weakening Consumer and Corporate Spending: Retail sales and corporate earnings revisions have shown signs of fatigue, suggesting slowing momentum in key economic drivers.
Global Tensions and Supply Chain Risks: Ongoing geopolitical instability, including issues in the Middle East and renewed U.S.–China trade rhetoric, could reignite volatility and affect global growth assumptions.
Overvaluation and Narrow Market Breadth: A small group of mega-cap tech names have driven much of the recent rally, leaving the broader market vulnerable if leadership falters.
With technical and fundamental factors aligning, this setup is worth watching closely. A confirmed break below the neckline could be more than just a chart pattern—it may reflect a broader shift in sentiment.
EMA 60 capped the NASDAQ rallyThe NASDAQ’s rally was capped by the 60-day EMA, as ongoing tariff wars and the Federal Reserve’s reluctance to cut rates-or its intention to keep rates elevated for as long as possible-continue to weigh on investor sentiment. Given these headwinds, there is a risk that the NASDAQ may continue to slump.
NAS100 Bulls Rally – Eyes on 19,860 Resistance Zone!"The NAS100 is sustaining a strong bullish rally after reclaiming the 19,150 🔽 support zone. Price is trading firmly within a bullish structure, but still has some distance to reach the next key resistance at 19,860 🔼.
Currently trading at 19,446, with
Support at: 19,150 🔽, 18,500 🔽, 17,600 🔽
Resistance at: 19,860 🔼, 20,347 🔼
Bias:
🔼 Bullish: As long as price holds above 19,150, bulls remain in control. A breakout and retest above 19,860 could fuel a further move toward 20,347.
🔽 Bearish: A rejection from 19,860 or a break below 19,150 could trigger a decline toward 18,500.
No breakout, no trade.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Following the Wave StructureAnalysis:
The NASDAQ100 appears to be following a classic 5-wave structure.
Currently, we are finishing Wave 3, with an expected corrective move toward the 50% Fibonacci retracement zone near 19,018.7.
From there, the chart suggests a continuation toward the 19,879 area (close to the daily 200 EMA) and, finally, toward the 20,866 target, completing the cycle.
Key zones:
Support: 19,018.7 (50% Fibo and strong structural level)
Resistance: 19,879.1 and 20,866.2
Additional levels: Daily 200 EMA and previous structural gaps
The path won't be in a straight line — expect consolidation and pullbacks along the way. However, the bullish projection remains intact as long as the 19,018.7 support holds.
Let's keep riding the wave! 🌊
NASdaq_ Bullish trendline check and breakoutToday the Nasdaq made a Bullish trendline check and breakout to the up-side. Looks to be a sustainable rally. Also the Ichimoku is breaking out on the daily.
If you have hedge positions this the potential BULL rally you might need to manage those position through.
Seems we are lining up for good news, Bullish narrative: Ukraine mineral deal, May 06-07 interest rate cut, trade deals with India, Japan, Italy Australia, Mexico, Russian Ukraine peace deal. after that who knows
Approaching 200SMA and long-term uptrend line, pullback expected(The following is a personal opinion and not investment advice. Please exercise independent judgment before making any decisions.)
Last week, the market remained in a consolidation phase near recent highs. The current price has broken through and is approaching the 200-day moving average, while also nearing a retest of the uptrend line that began in 2023. Considering the price has been on a 9-day upward streak, there is a high probability of a significant pullback upon reaching these key resistance levels.
At present, it is difficult to categorize the overall market trend as either bullish or bearish. With ongoing uncertainty around tariff-related policies, the market appears to be in a consolidation phase rather than a sustained uptrend, lacking fundamental support for further rallies. As such, there is a higher probability that the price will fill the lower gap at 18,264.
Next week, special attention should be given to the FOMC rate decision and the press conference on Wednesday. Recent employment data has been strong, and inflation has shown signs of rising. The Fed is expected to maintain its current stance, which could trigger a market sell off. It's also possible the pullback may begin as early as Monday or Tuesday, offering opportunities for early positioning.
From a technical perspective, if the price continues to rise, it may test the area around the 200-day moving average and previous trend resistance, roughly between 20,226 and 20,400. Should this area be tested early in the week (Monday or Tuesday), I would consider initiating short positions. Light positions can be considered above the 20,000 level, as the current price range offers a relatively favorable risk-to-reward.
To the downside, a break below the 19,000 level is required first, after which there's a higher probability of filling the price gap between 18,264 and 18,583. If supported by macro news, the market may further test lower levels in the coming weeks, including 17,589, 17,278–16,946, and potentially 16,108–16,589. These levels will require further observation as developments unfold.
Nasdaq: Where should I buy from next? New bullish orderblockWe are hunting the next buyzone already. The correction zone is printing now.
This is how you accurately forecast your next entry ahead of time. Learn how corrections should work. Long below higher time frame (Hourly/Daily/Weekly) lows is the name of the game.
This should be easy work, and you can feel free to look for longs below 15m lows on the way to the targets above. Once we hit those, we should look for correction after closing below hourly candles, the same way we were able to freely take long after close above hourly candles today just as I prescribed while it was dropping.
This is just the rules of the game 🔓 gotta be sharp enough to observe them and trust the mechanics. Thanks for tuning in
NASDAQ, USTECH, DEAD CAT BOUNCEContinues bearish divergence
Multiple rejections from resistance area
Dead cat bounce appeared
failure to break resistance can lead towards 18500 area
Gap needs to be filled in that area
Negative GDP data will be the actalyst in bearish move
job market data is also negative
slowdown of economic growth
US100 H4 | Bearish Fall Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 19,514.93, which is ana swing high resistance.
Our take profit will be at 19363.72, a pullback support.
The stop loss will be placed at 19,637.23, above the 127.2% Fibo extension.
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Bearish reversal off overlap resistance?USTEC is rising towards the pivot and could reverse to the 1st support.
Pivot: 20,418.65
1st Support: 19,265.30
1st Resistance: 21,137.24
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