US100 trade ideas
NAS100 Near Channel High: Double Top and Key Levels to WatchThis week, NAS100 is approaching a critical channel high, and the setup suggests a potential move lower before testing the downward-sloping trendline. Resistance at the trendline could lead to another test of support before a possible push higher. If it does reach the double top, the next move becomes unpredictable.
NAS100/NASDAQ LONGLooking for a move up
* Expanding flat formed
* Engulfing candle 15 minute TF
* FVG 20600 TAKE PROFIT zone/price
NASDAQ Weekly Outlook: Key Support, Resistance, and Potential Sen this video, we dive into the Nasdaq’s recent price action and highlight the major support and resistance zones to watch in the coming week. We’ll review key swing levels, discuss possible bullish and bearish scenarios, and explore the importance of volume profiles in anticipating trend shifts. Whether you’re new to trading or looking for fresh perspectives, this breakdown will help you plan your trades with added clarity
NAS100: Bearish Signs, But Bullish Trend HoldsHello,
PEPPERSTONE:NAS100 is showing signs of further downside after closing below the 1M PP, which suggests more potential for decline. However, the 1D support structure is still holding firm and providing continued support. If we see a break and a sustained move below this level, it would confirm additional downside. That said, the overall trend remains strongly bullish, and we have yet to see conclusive evidence of a bearish reversal.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
#NDX #NDQ#NDX #NDQ, looks very bullish to me with a nested series of 1,2 x4. The recent selloff failed to invalidate turq 1,2 and is demonstrating an ending expanding c wave in 2 and now price action broke above the upper band of the triangle. #indices #trading #EWT #elliottwave
NAS 100Trading QQQ this morning I caught a nice move down but I see us retesting that broken support and now is turning resistance. Nice re tracement to the 61.3% and now looking to take out buyside liquidity to take out todays lows
NAS100 is starting to form bearish channelWill NAS100 continue this trend?
I believed it will until there are clear direction from the new president on how he will address the economy. Knowing that President Trump is pro-stocks, once he announced his plan, the trend might change or might continue depending on the sentiment of the investor.
IMO, this downward trend is temporary and NAS100 will continue on the bullish trend.
Lets see, we keep this on note.
Breakdown for US100 Trade SELLLooking for sells at 21,020.
4 hour bearish
daily bearish.
Just waiting on NY to follow my system.
3 awesome trade set ups for today!3 set ups came for us in forex and futures for us to take and make profit, in this video i broke down the set ups
RANGE-BOUND MARKET CONDITION ON DAILY!Price is confined between 20882.8 (support) and 21862.5 (resistance ) a buy opportunity is envisaged from the current price. Target profit is at 21,567
bearish trade ideatoday we have bearish price action on US100
and we expext price to continue trading lower from the FBG to PDL
we will need MSS for confirmation
no MSS. no trade
Bullish Maintained for NAS100Low of the day has been taken, then we had bullish trend maintain itself. I am now entering this trade bullish!
NASDAQ so like before still waiting on this to drop i do have 2 P.O.I to but at the bottom, price thats really interestiing for me is 17575 area theres still alot of liquidity at bottom
Bullish Nasdaq & short term correctionIts obvious Nasdaq is Bullish on HTF i.e long term and given good handsome return also. At te same time in Bullish Index or Stocks short term corrections are sharp as well nasty also to elimnate weak hand from position. Here it likely to resume a strongest upside leg (wave5 inside a wave3 of HTF) before a time consuming downside leg wave4. Marked in red color 23.6% Fib level possibly breached to test 38.2% (lesser probability). Prediction or study invalidated below 38.2% Fib level. Conservative entry may be planned on Day closing above 61.8% (in black) as confirmation. SL management as per Fib.
Nasdaq Intraday Review - Monday 30 Dec 2024I trade Nasdaq exclusively
Trading in GMT time zone
Sharing my post day review and analysis in case it can help you!
Did my analysis at +- 5:30 am GMT (00:30 am EST)
Economic news - None
News - None
Directional bias - BUY, all higher TFs are bullish
Morning analysis:
M TF - Bullish, but long wick starting to appear which indicates the pressure from bears - at time of writing, wick is 7'295 pips
W TF - Potential W neckline identified. On line chart candle closes have managed to stay above upward trend line.
D TF - Price came up to retest the DT (marked with green lines) and failed to successfully break the neckline upwards. Bears stepped in and pushed back down, now (at time of writing) it seems D EMA is acting as dynamic support.
As the day progressed:
Tried a small buy position at the top hand icon, but it turned out to be a fake out and I took a small loss (+- 300 pips).
Confirmations:
1. Market pattern - DB on 30min TF
2. S&R - D EMA seemed to be acing as dynamic support
3. Trend - temporary pink downtrend line broken upwards
4. Fib - DB forming right at D 0.382 fib level
Mental SL placed at the thick pink line i.e. half the height of the DB pattern. As candles started closing below my mental stop, I closed my position at 300 pips loss.
Price was unable to break through the 30min EMA. If Nasdaq is particularly bullish or bearish, price will react to the 30min EMA.
I was wary of this when I entered and so I entered my buy with a small position, ready to scale in if price moved my way.
However, price moved down significantly, tapping the W 0.618 fib level and the D 50 EMA.
Here price started to consolidate and formed a DB on the 15min TF.
Entered a full position size buy at the blue arrow icon - Confirmations:
1. Market pattern - DB on the 15TF, with a strong momentum candle breaking the neckline upwards (marked in turquoise lines)
2. S&R - strong D S&R zone (marked in red highlight on the D chart), from which price has significantly moved at A. and B. This level acted as resistance at A. and support at B. evidencing that this level is strong.
3. Trend - The temporary downtrend line (marked in orange) was broken upwards, indicating that price is no longer respecting this downtrend and is ready to move upwards.
4. Fib - Price wicked down to the W 0.618 fib level and the DB formed just above this level. This indicated that price is not only reacting to this level but also gave a trend reversal signal (DB pattern) at this level.
5. Candlesticks - A red inverted hammer candle formed on the 30min TF, just before the break of the 15min DB. This candle is bullish in nature and shows that bulls have entered the market and tried to push price higher, but bears did not have the strength to push price down significantly past the candle open. Indicates bearish loss of momentum.
Mental SL placed at the thick pink line, placed below the W 0.618 fib level and below the candle wicks sticking out below this fib level.
Price moved up nicely and I closed my position at 1'300 pips at the top blue arrow when price made a reversal pattern on the 15min TF (DT).
YEAR END CLOSING:
After today's nice profit, I decided to close out my trading year and so I wont be trading tomorrow.
This year was my best trading year yet.
I made 72% ROI and I can't help but say how proud I am of the progress I have made.
It's been a long road, but seeing the returns slowly building is very rewarding.
I hope you had a great trading year! And if not, this is a reminder that it is possible. It's extremely hard, but it is possible. Just keep going!
All the best for 2025! :) Hope we make some good $$$$$$$$$$$$$$$ :)
The total move for the day in the direction that I was looking for was 3'118 pips:
I captured 42 % of the total move and looking at the candles, I am happy with that.
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
US100 - Key Levels and Recovery Potential in Focus🚨 US100 Market Update 🚨
Today’s price action on the Nasdaq (US100) is displaying a recovery from a strong bearish impulse earlier in the session. Let’s dive into the chart and key actionable levels:
Key Levels:
Resistance Zones:
Bear Day: $21,380 is a critical resistance level. A breakout above this zone could pave the way toward the Close Day/Week level around $21,500.
Sellers are heavily defending this zone, making it a key battleground for the day.
Support Zones:
Bear Week (Yellow Dashed Line): $21,260 is providing strong intraday support. This level needs to hold for the bullish recovery to sustain.
Day - ATR: $21,120 represents the lower bound for today’s session. Breaching this level could trigger accelerated selling pressure toward $20,960.
Bullish Swing Zone:
The $21,240 region aligns with the start of bullish interest. A confirmed bounce here could lead to upward momentum toward the next resistance levels.
Volume Profile Insights:
High Volume Nodes (HVNs): A significant volume cluster exists between $21,260 and $21,300. This zone is pivotal for determining market direction.
Low Volume Nodes (LVNs): A gap near $21,180 suggests potential for rapid price movement if the price revisits this area.
Market Structure:
The recovery off the lows is showing signs of strength, but resistance at the Bear Day level has yet to be broken.
The Volume Profile reveals a consolidation near the mid-range of $21,300, indicating indecision in the short term.
Strategy Suggestions:
Longs:
Entry above $21,380 with a target of $21,500 and $21,520. Stop-loss near $21,320.
Alternatively, consider buying near $21,240 if bullish momentum resumes.
Shorts:
Entry below $21,260 targeting $21,120 and $20,960. Stop-loss above $21,300.
Scalping Opportunities:
Use the range of $21,260–$21,380 for intraday scalps until a breakout or breakdown occurs.
Final Notes:
Nasdaq is currently range-bound, and key levels like $21,260 (support) and $21,380 (resistance) will dictate the next move. Watch for volume spikes and strong candle closes to confirm any breakout or breakdown scenarios.
🔔 Are you bullish or bearish on Nasdaq? Let me know in the comments!
Going for a short!NasDaq already has a bearish trend, Right now there's a bit of consolidation. After my support/resistance line was broken it's an indication letting me know that price wants to continue in a down trend. Hopefully it target's the weekly low on a Monday to set clear sky's for the week!
US100: Correction Complete, Downtrend ResumesIn US100, it seems we have completed a correction in the form of an upward Zigzag. This was followed by a five-wave structure to the downside, signaling a shift back to bearish momentum. I anticipate a brief corrective move upward, likely forming a three-wave structure, before the market continues its decline.
This setup aligns with the broader downtrend, and traders should remain cautious, watching for the correction to complete before considering positions in line with the bearish outlook.
Actionable Nasdaq insights: 30-Dec-2024Rise and shine, traders! Start your day with actionable Nasdaq insights. Let's grow your skills together, one chart at a time.
