NDAQ100 trade ideas
$NAS100 in correction mode. Is a bounce coming?Market experts will say 10% is a correction 20% is a bear market. In the last 5 years NASDAQ100 has been in the bear market 2 times. Once during COVID19 and another time during the FED Rate hike cycle. And it has been in correction mode in Aug 2024 when the Yen carry trade unwound.
Since Aug 2024 PEPPERSTONE:NAS100 has shown great strength with higher highs and higher lows and perfectly within the upward slopping Fib Retracement channel as shown in the chart below respecting the major fib levels and bouncing off from the 0.618 Fib retracement level every time it had a drawdown. The current correction in PEPPERSTONE:NAS100 is very close to the 0.618 Fib retracement level which is currently at 18700. This will indicate another potential downside of 2-3 % and if the Fib levels are supposed to holds then we will see a bottom @ 18700 and a bounce back from those levels. This will also bring down the RSI to low 30s which will indicate an oversold position.
Verdict: Start DCA into $ NAS100 and go long 18700.
NAS100 Is Bullish! Long!
Take a look at our analysis for NAS100.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 19,181.5.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 19,921.0 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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US100 BULLS ARE STRONG HERE|LONG
US100 SIGNAL
Trade Direction: long
Entry Level: 19,170.0
Target Level: 20,308.4
Stop Loss: 18,413.4
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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US100 analysis Hi traders as you can see we've been trading in strong uptrend channel however I call it big bearish flag and it is broken as a buyer do you goo against it expecting market to just reject n continue to goo up noo,if am not willing to follow the trend I wait n monitor trade to my demand zones,expect more drops to come as trump raise another tarrif on 2 April my target is at 168 highs n understand that I don't control the market but I follow the trends n my rules, trading with wars it's very surprising n aggressive I can say that 2025 soo far it's hard to position yourselfs in long term gains as it's under pressure since January soo it might be a good year or bad year take care.
Are we sleeping on a massive double top?As you can see, The Nasdaq has made two near equal peaks around the 22100 area.
Although the Weekly candles of the first and second week of February were bullish, it coincided with two weeks of declining volume, usually meaning momentum exhaustion.
On the 18th February the Nasdaq printed a strong ‘no body’ red doji on the daily TF. This is an indecision candle but can signal the beginning of a trend change.
The Green Areas show the Daily Fair Value Gaps and I’ve but a target beside the Fair Value Gaps that are currently unfilled.
If the Nasdaq breaks beneath 20500, the targets underneath this price is where I’d expect price to be drawn towards.
Also, I have highlighted some notable lows where I’d expected volatility around. I am not suggesting at that this move could in a straight line by the way. If it happens, it will happen in waves.
This is based 100% on technical analysis.
NAS100: Likely rebound at major point within Ascending ChannelCAPITALCOM:US100 is likely to be undergoing a corrective move as it tests the lower boundary of the ascending channel, as shown on my chart. This boundary serves as dynamic trendline support and a significant bullish reaction could happen if buyers step in at this level.
A successful rebound from this support could lead to a move toward the midline of the channel, with the next target at around 22,000 . This scenario would maintain the overall bullish trend structure.
However, a clear breakdown below the trendline support would weaken the bullish outlook and could lead to further downside.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, drop them in the comments!
NAS100 Technical Analysis🔹 Trend Overview:
Nas100 initially showed signs of recovery with some bullish momentum. However, in the last three days of the week, the market sentiment shifted, breaking key support zones at 19,880.00, 19,400.00, and 19,151.00. This drop was driven by growing uncertainty surrounding U.S. trade policy and a more pessimistic inflation outlook.
🔹 Key Levels:
📈 Resistance: 19,400.00
📉 Support: 19,151.00 – If broken, price may drop further.
🔹 Market Structure:
🚀 Bullish scenario: Rejection of 19,151.00 & break of 19,400.00 → Retest → Target higher levels.
⚠️ Bearish scenario: Break of 19,151.00 → Drop to 18,796.10 → Further decline if broken.
📌 Risk Management: Wait for confirmation of breakout or rejection before entering trades.
NASDAQ 100 IndexThe price has already dropped to the support line of the inner channel (in light blue), which is at one standard deviation.
If this support line is also broken, the next support level is the outer channel (in yellow), which is at two standard deviations.
(Logarithmic price axis, channel starting from 2008)
NASDAQ Bearish, What's Next? Is 18.5k feasible?Price respected Weekly's bearish imbalance to continue lower. Still price is within the weekly's context area to which is suitable to look for entries in lower timeframes targeting weekly's swing low (POI).
Once, the Weekly POI get's tagged we might look to continue to the next POI (Point of Interest). Likely, the daily swing lows.
What's Next?
Potential target price is 18,537.88.
Good times still to roll on after correction.Bear flag forming at the edge of the channel. The flag pole came down with good volume and flag itself (consolidation) on decrease volume therefore good probability of more downside. If that happens that could create a Wycoff spring and resume the current trend.
Rebound Failed, market will be driven by news events next week(The following is merely a personal opinion and not investment advice. Please exercise your own judgment before making any decisions.)
From Monday to Wednesday this week, the Nasdaq continued last week's rebound and reached the initial rebound target of 20,256, as previously mentioned. However, on Wednesday, the price began to pull back and filled Monday’s gap.
With U.S. tariffs set to take effect on April 2, the market is facing increased short-term uncertainty. On Friday, the bears encountered no resistance and drove the market down rapidly. The market is currently highly focused on tariff-related news, and without positive developments, prices may continue to decline. Once the uncertainty surrounding the tariffs is resolved, it will be important to monitor market sentiment and further developments.
For next week's trading, patience is key—waiting for more updates on tariffs and the potential market bottom. If positive news emerges after April 2, a V-shaped rebound remains possible.
From a technical perspective, since the market failed to break out effectively this week, the current market structure has broken below the long-term uptrend line that has been in place since 2023 on the weekly chart! Therefore, technically speaking, there is still significant downside potential. However, after several consecutive weeks of decline, prices are in an oversold state, making shorting at these levels relatively risky.
For short positions, it may be preferable to wait for a rebound to the 19,974–20,257 range before considering shorting opportunities based on further news developments. If the bears remain in control, prices should stay below 20,361. Otherwise, a breakout above 20,715, 21,098, and 21,370 could occur.
For long positions, it may be best to wait until the tariff-related news is fully priced in before making further observations. It would be prudent to confirm signals on the 4-hour chart before considering any long positions.
nas updateThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
Realtime markups: Indices tailspin to the weekly range lowsAfter rejecting the weekly highs aggressively on Wednesday, we had a clear run toward the low of the same weekly range candle's low. I believe this low will be hit before anything else.
We will see what the Monday open sequence looks like. See you then 🫡
Bulls shouldnt fight this fallI have explained everything on the chart....can't be bullish for the time being, except for some rallies in a downfall....Whales will step where JPow said the famous words, Inflation is no longer transitory....Honestly the sooner we get here, the better....but it could take a few weeks or by the middle of this year.....if the market goes again back up for a double top, the fall will be even more painful.....but markets are all about creating maximum pain for bulls and bears....
NASDAQ Will the disappointing PCE today form a Double Bottom?Nasdaq is on a strong 3 day correction that has almost erased the recovery attempt since the March 11th low.
That was a higher Low inside the 8 month Channel Up and the current correction may be a bottom formation attempt like September 6th 2024.
Trading Plan:
1. Buy before the closing market price.
Targets:
1. 23350 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) illustrates the similarities with July-September 2024 in a much better way. Strong indication that the Channel Up is attempting to price a bottom.
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