NAS 100 IS bearing todayNAS100 broke out of the right shoulder in the head and shoulders formation early 10/1/2024. Perhaps on the heels of the dock workers strike since 12 Midnight? Take profit where it makes sense for you.
NAS100 trade ideas
Correction TradeWhat we have here is a correction that has formed a trendline, now we have a breakout and retest, which suggest a bullish impulse move
WE ONLY TRADE PULLBACKS
Nasdaq Retest, Bearish HarmonicAfter Powell's speach the markets closed high but he indicates a metered approach. Noticed the bearish harmonic and retest.
These are not what I view as strong/high alpha signals but they are there to trade intraday.
My bias is neutral to bullish.
Bullish outlook on US100"The W pattern has been completed on the daily timeframe. The inside bar on the weekly timeframe has been broken. The price is heading towards record highs. The U.S. economy is described as being in a 'solid' condition, with the plan for significant interest rate cuts from now until the end of the year supporting this bullish outlook."
UPDATE_Analysis-NAS100-H4_September-2024The confirmation for the previous analysis has not arrived.
In fact, there has just been a change in directionality, which made me think about this entry.
I apologize if I didn't publish the analysis in time for a potential trade.
NASDAQ/US100Hi everyone hope y'all doing good this morning. Okay let's get down to business according to my today analysis Nas100 will have a short buy saying this based on my strategy but you can drop your thought down below. if you found this helpful please press the follow button it motive me to drop analysis. Thanks
NAS100 BUY ANALYSIS DOUBLE BOTTOM PATTERN Here on Nas100 price has just form a double bottom which means that the probability of going up is big so a trader should be go for LONG if price reaches line 20106.8 with target profit of 20243.3 . Use money management
NASDAQ INDEX (US100): More Growth is Coming
I see a strong bullish setup on US100.
After a retest of a recently broken key level,
the market violated a resistance line of a falling wedge pattern.
With a high probability, we will see a bullish movement soon
at least to 20165.
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ICT Long setup Swing Trade on NAS100USD👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
NAS100USD for session trade (a couple of hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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Nasdaq Thoughts 01-Oct-2024Happy New Month all, Kindly see my Nasdaq thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The statement mentions that prices began to increase by 10.95% at the beginning of September.
This indicates a strong bullish trend at the start of the month, reflecting optimism in the market or strong performance from NASDAQ 100 constituent companies.
Yesterday's drop of 1.61% indicates a short-term bearish move, suggesting market sentiment has turned negative or there's profit-taking after the earlier rally.
The expectation of a further decline of 2.35% and potentially 3.92% implies that the current bearish sentiment may persist.
Technical Analysis:
Current Market Condition:
The statement suggests that the NASDAQ 100 is trading in a sensitive range between 20,330 and 19,954, and that breaking either of these levels will determine the market's direction.
Upward Condition:
- Target 1: If the price trades above 20,330, it's expected to rise to 20,795.
- Target 2: If the price stabilizes above 20,795, the next target is 20,980.
Downward Condition:
- If the price falls below 19,954, it suggests a potential decline:
- Target 1: A decline to 19,884.
- Target 2: If it breaks below 19,884, further decline is expected to 19,335.
USNAS100 / Bearish Continuation...Nasdaq Technical Analysis:
Futures subdued ahead of a data-packed week, Powell's comments awaited
Currently, the price needs to stabilize below 20,080 to target 19,900, with a potential further decline to 19,690 by breaking 19900.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.
Key Levels:
Pivot Point: 19980
Resistance Levels: 20080, 20,190, 20,350
Support Levels: 19,900, 19,690, 19,540
Expected Trading Range for Today: 20080 to 19800
Trend:
Bearish: while under 20080
Bullish: If 20,080 is broken
Weekly Analysis🚨 September 30th - October 4th 🚨
Welcome Traders,
As I mentioned in my previous idea post, since the weekly LH is currently respecting the 88.00% fib level where the previous weekly HL respected, there is a high probability that if history repeats itself, we price may continue to retrace to signal either a 23H HL or signal a weekly HL before price resumes it's bullish trend to break ATHs. One of the reasons why my bias is bearish is because if we zoom out to the 15H chart, price is within an ascending channel and is currently respecting the channel's mid point which also aligns with a strong resistance level highlighted as a red zone. The bulls are failing to stay above this area suggesting that price may retrace to test the lows of the channel.
Using my fib tool, the low of the channel aligns with the 38.2% level of extreme volatility.
Therefore, my bias for the week is bearish until the higher TFs signal their respective HL. Currently, the 11H TF is the biggest TF for price to signal its HL point.
The 11H HL signalled at the 38.2% fib level of extreme volatility. This fib level is often described as extreme volatility because price can shoot in either direction. Price broke below the 38.2% down to 19,864.7 before shooting back up into the consolidation range from last week.
On the 4H chart we can see more clearly that price keeps trying to make new lows but is constantly being rejected by a level of support. At the same time however this rejection fails to create new HHs. This tells me that with the help of news or economic data released this week, price will give one final push to create a new LH at a resistance level on the smaller timeframe before resuming its downtrend.
Using my fibs on the 4H chart, price can retest a resistance level at 20,173.2 which aligns at the 61.8% fib retracement level.
Trading Plan going forward
As part of my trading plan I do not trade on Monday and Tuesdays due to low volume and consolidation and with NFP on Friday, we may not get a clear directional move until then. It is likely that price will continue to range as the market remains indecisive leading up to NFP.
Since my bias is sells, my aim is to sell at the highest point. Therefore, I will be waiting for price to retest a resistance level to enter into sell position. As long as price remains below 20,173.2, the retracement is valid.
Weekly Recap🚨 September 23rd - September 27th 🚨
Welcome Traders,
For past three weeks I have been anticipating a major correction to signal a HL on the bigger timeframes before entering a buy position to break all time highs (ATHs).
Why?
1. Because the Daily HL signalled on Fri Sep 6th at 18,310.1 served as a new indication low point.
2. Afterwhich price made a bullish correction where the bulls maintained their strength breaking through every resistance for the following three weeks.
3. Following a correction price always retraces to signal new low point on the higher timeframe which could either be a new LL point from the previous Daily HL suggesting downtrend continuation OR a HL point above the Daily HL suggesting a reversal to new ATHs.
Here's an image below where price continued to break through key levels of resistance at 19,639.5 and 19,955.8 indicated by the red and orange zones.
Since price continued to signal a series of HLs and HHs on the smaller TFs such as the 1H -3H, it was only a matter of time before price met a strong level of resistance to signal a HL on the bigger TFs (11H-23H).
Last week price signalled a 3H HL at 19,769.4 before continuing bullish up to 20,351.9. On the weekly timeframe we can see that where the LH is currently signalled, began its retracement at the 88.8% fib level which is arguably the same level where the weekly HL was completed before continuing bullish to LH. Therefore there is a high probability that if history repeats itself, we price may continue to retrace to signal either a 23H HL or signal a weekly HL before price resumes it's bullish trend to break ATHs.
Weekly chart showing Weekly LH at 88.00%
Weekly chart weekly HL at 88.00%
NAS looking to take ATHIt Does appear to me that NAS is positioning itself to test the all-time high
Nas100 possible play out. Looking for possible buys inside demand Order Block. That's if the momentum remains bullish.
NAS100USD: Bearish Setup Targeting Weekly FVG!Greetings Traders!
Brief Description🖊️:
Currently, on NAS100USD, I am anticipating a potential bearish draw in price action. The M15 chart has shown the beginning of a bearish decline, and it’s crucial to follow the market's trend until signs of reversal appear. One key confluence is the respect of an H4 bearish order block, establishing a firm resistance zone.
Things I Have Seen👀:
H4 Bearish Order Block Resistance🟥: Price is respecting this zone, confirming it as strong resistance.
M15 Buy Stops Cleared✅: Price cleared M15 buy stops above the resistance before reversing, indicating smart money engineered liquidity before driving price lower.
M15 FVG & Bearish Order Block: These are the zones where I will be waiting for confirmation entries.
Bearish Targets🎯:
Weekly FVG (19,760.8): This is the primary target for the bearish continuation.
What's Important Now❗
Monitor price action around the M15 FVG and bearish order block for confirmation before entering. Ensure to conduct your own analysis to validate this outlook.
Best Regards,
The_Architect
UPDATE ON NAS100 TRADENAS100 1H - As you can see price has played out really well for us, putting in the bearishness we predicted once we saw price trade in and around the area we had marked out. I am expecting this bearishness to continue now.
I would like to see price offer us another entry opportunity, we just need to look for valid areas of Supply that price can come to trade back up and into, this can be seen by looking for last buy to sell regions.
This trade is currently running + 405 pips. (+ 3%) 3RR
Once we see price trade us back up and into these areas we know that those buy orders will be removed from the market as will the buy order that were placed to push price to the areas themselves and short orders will be introduced into the market.
As always we must wait for entry confirmation that will come via a fractal break in structure. A fractal break tells us that the correction trading us up and into the Supply Zone has finished and a new leg trading us lower is ready to be printed into the market.
US NAS100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
NAS100 FVG and Resistance could signal bearish movementCurrently looking at the daily FVG as well as resistance on the daily at 19,700. I envision two possible scenarios:
A run up to 19,700 before heading down to fill the gap
OR
A more immediate move to fill the gap before continuing the bullish trend
Retail sales data and Fed news on tap this week so that might push the market in either direction. Either way, I can see that gap being filled sooner rather than later.
NAS100USD Will Go Down From Resistance! Short!
Here is our detailed technical review for NAS100USD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 19,982.2.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 19,643.2 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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