NASDAQ ENTRY ON THE FLOOR?! 4H chart Sep-Feb 27.2.25Simple up-trend with a recent confirmation of support.
September24 to Feb 25 is consistent and predictable with an average 7 to 11% rise from the support within a time frame of up to 6 weeks.
If the price closes a 4h candle below the line (20,850) - Up-trend will be broken, as long as the price keeps above, aiming for $800-$1500 swing trade up can be very profitable.
Make logical, consistent decisions based on an overall plan with risk management as top priority.
NAS100USD trade ideas
Nas100 Correction: Why a Drop Below 20K is LikelySince reaching its recent all-time high of 22,232, the PEPPERSTONE:NAS100 has dropped 1,000 points. While this might seem like a significant decline, it actually represents less than a 5% correction—hardly a major pullback.
This drop has brought the index into a key confluence support zone, raising the common question: Is the correction over?
In my opinion, it’s not. For a healthy correction, a dip below 20,000 is necessary.
Technical Perspective
🔹 Since the "bullish" event marked by Trump’s election, the index hasn’t made substantial progress. While it has technically risen, the gains have been marginal, suggesting more distribution than true bullish strength.
🔹 The index remains confined within a large rising wedge, as seen on the chart. This type of structure often signals topping and potential reversal rather than sustainable upside momentum.
What’s Next?
In the medium term, I expect a drop below 20,000. For traders looking to speculatively trade the Nas100, potential sell zones would be around 22,000 and 23,000— in the event of a new all-time high.
Market is showing signs of a bottoming-out rebound(This is solely a personal opinion, not investment advice. Please conduct your own judgment before making any decisions.)
NVIDIA's earnings report exceeded expectations. The market has declined for three consecutive trading days, with multiple support levels below. There is a high probability of a bottoming-out rebound.
If going long, the price needs to break above 21,409 today while staying above 20,800. If these conditions are met, buying on dips can be considered. The primary targets are 21,800 and 21,942. If market momentum is strong enough, a breakout above the previous high is possible.
NAS100 at Critical SupportNAS100 is currently trading at 21,150, having completed a falling wedge breakout and now holding at a key support level. The falling wedge is typically a bullish pattern, but in this case, price action suggests a crucial test of support. If this level fails to hold, NAS100 could see significant downside momentum, potentially targeting the 19,000 level.
Technically, a breakdown below this support could confirm a bearish continuation, triggering a strong sell-off. Traders should watch for increased selling pressure and a sustained move below the support zone, which could accelerate bearish momentum. If the support holds, however, NAS100 could attempt a recovery, making this a decisive level to monitor.
Fundamentally, NAS100 remains under pressure due to concerns over Federal Reserve policy, interest rate expectations, and broader market sentiment. Any signs of prolonged high rates or weak earnings from major tech companies could fuel further downside pressure. Additionally, rising bond yields and a stronger US dollar may continue to weigh on the index.
In summary, NAS100 is at a critical support level after a falling wedge breakout, with the potential for a sharp drop if the support breaks. Traders should closely monitor price action, volume, and macroeconomic developments to confirm the next move. A break below this level could open the door for further downside toward 19,000.
NASDAQ: Broke into the 2 year Support Zone.Nasdaq has turned bearish on its 1D technical outlook (RSI = 41/199, MACD = -42.030, ADX = 30.270) as the correction that started last Thursday hit the 1D MA100. The region between the 1D MA100 and 1D MA200 is the index's 2year Support Zone and has been a buy opportunity since February 2023. With the 1D RSI also on 6month lows, the current level is low enough to be a HL on the long term Channel Up, after which rallies to the 3.5 Fibonacci extension have started. Go long, TP = 24,000.
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My NQ Long Trade Idea 26/2/2025I am long on NQ but with a very small lot size because we have NVIDIA earnings coming up and I don't want to fall a victim to the nasty spike that's about to happen.
I am going long on the NQ mainly because US stocks are well known to bounce back up. They are always likely to bounce back up than continue to fall down unless we are entering a recession and we are going through an AI bubble burst.
I believe Tariffs are some-what bullish for stocks but nothing is clear yet. I believe the FED are going to surprise us in the next few weeks with a data that will be bullish for US economy. So this could be the bottom for the next few weeks and months I am not sure whatever I say is just speculation based on what the economy is doing.
I will take the super safe trade style here. Trailing my SL whenever I enter into profit and I find a support on smaller timeframes.
US NAS100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Enjoy Trading... ;)
NAS100 Update - Rally or Deeper Short?Dear Friends,
How I see it:
1Day body closed below 7 Month trend for the first time yesterday.
Fake out or Legit? To be confirmed...
At this time price is testing the trend breakout area.
If price can find more support above 21345.00, we could see a rally
to fill imbalance as indicated.
Otherwise, a potential fall to 20600.00 is possible.
Thank you for taking the time to study my analysis.