NAS100USD trade ideas
Us100 updateHi traders what is your opinion this week a sell or a buy,according to the strategy n my view,the target is 168 which is likely to hit n am expecting bull run to take over from this 2023 highs soo note that am positioning my self for big move,first thing this market is n uptrend market with weird n normal pull back this one was abnormal do to trade war which it's still going on,soo guys this all sell off is not a threat it is giving you a chance to ride long trades what you have to do is to generate liquidity into position n make sure you hold your trades for big rewards,before you overthink I identify the trend n find the really trend beside pull back understand what is moving n why I am going to buy,note that we are 6% away to recession do me favour invest in knowledge soo that you can be in high level of thinking and seeing things n not overthinking everything knowledge is power,I wish you all profitable week ahead.
Death Cross forming now on NDX weekly chartHi Renny here back with a chart for you guys to check out.
50 dma can be seen to be crossing below the 200 dma.
Look what happened after the last time that happened in 2022...
You would have done well to take money off the table the last time the 50 dma crossed below the 200 dma.
What's your take? Is there more downside from here?
US100 Bullish SideUS100 show clear bullish momentum and many indicators shows that US100 in uptrend which are given below:
RSI daily timeframe bullish divergence
Descending parallel channel which show that US100 in a strong uptrend
Strong support zone
All these indicator indicators shows us that US100 in a clear bullish momentum
NASDAQ LEADERSHIPNASDAQ Correction 21% what happen?
if this too late, making another asset distractions, volatility.
NDX : It's time to take a step backThis is a level I'll be closely watching for making aggressive additions. Until then, only selective entries in U.S. Oil ETFs, Silver and Gold ETFs, and a few individual stocks may be considered. However, large-scale accumulation is not advisable until this level is reached.
I may also consider dollar-cost averaging into index ETFs if I start to see signs of consolidation from here onward.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
A BIGGER PICTURE OF US100 SHOWING A BREAKOUT!Take a look at the bigger picture of US100 from the monthly timeframe. We can understand the nature of price action that has occurred. We can see how price broke out of the rising channel leading to over 68% decline of the total gains made in the year 2024. This further awake traders mindset to whether there’s gonna be a further drop maybe upto a pullback support of 16426.4 or even below.
From the technical standpoint, we may expect -5% more drop before we begin to see some form of recovery.
Nasdaq Long: Ending DiagonalHi, I made an update 3 hours ago regarding reducing short position and staying neutral because of wave 4. However, it seems like wave 5 of 3 extended and is now showing me an ending diagonal. This changes the assessment from neutral to long as ending diagonal are usually swift and sharp move reversals.
Take note that the last wave of the ending diagonal might itself be an ending diagonal. So my suggestion is to scale in the long and give a slightly wider stop below the lower trendline.
Good luck!
NASDAQ 100 (NAS100) Technical Outlook
NAS100 is currently in a corrective phase, trading at $18,900, with bearish momentum suggesting a potential move toward the $18,300 support level in the coming week. If this level holds, a rebound could push the index back up toward $20,300, creating a temporary recovery phase.
However, if the price struggles at $20,300 and fails to sustain bullish momentum, it would confirm the formation of a descending channel, reinforcing the broader downtrend. In this scenario, NAS100 could extend its decline toward $16,100, where the price may find support.
Key structural levels to watch:
Support Levels: $18,300 → $16,100 → $14,600 (Major support from 2021)
Resistance Levels: $20,300 → $16,000 (Resistance from 2023)
If the index reaches $16,100, this could serve as a critical level where a strong reaction may occur, as it aligns with historical price zones and previous sell-off extensions. The $14,600 support from 2021 remains a last defense level, potentially preventing deeper declines.
Traders should monitor volume and price action confirmations at key levels to assess whether the index is setting up for a reversal or further downside continuation.
NASDAQ 100 SIMILARITIES WITH THE 2008 MARKET CRASH (2008 MARKET CRASH CHART )
As shown in the chart, we may now see a relief rally in equities in case Trump decides to take a step back regarding tariffs, while at the same time, the FED decides to give markets a break by messaging possibly more rate cuts this year. Although I think a relief rally is coming after this correction, we may end up in a similar technical pattern to 2008. By summer ( June-July ), equities may have a final push before breaking further below.
Sell Idea on NQ100 based on draw on liquidity NQ100 has been selling off mainly due to the tariffs issues but I'm more concerned with the draw on liquidity on the daily time frame at 17626.74 as it is a daily low. I'm anticipating price to draw close to that price due to this and also we have the London session low at 17657.27 which is very close to the price I mention above hence the idea of a buy to take out the London high .
NSDQ100 INTRADAY key trading levels ahead of US NFPKey Support and Resistance Levels
Resistance Level 1: 18435
Resistance Level 2: 18800
Resistance Level 3: 19580
Support Level 1: 17680
Support Level 2: 17300
Support Level 3: 17000
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Nasdaq Short: wave 3 of 3Hi all, as I am super busy with work, I will only be posting this as reference. All the equity markets should be going into wave 3 of 3 also. Stop above wave 2 of 3 high.
Sorry for not responding for the rest of the week.
Good luck!
Nasdaq-100 Wave Analysis – 3 April 2025
- Nasdaq-100 index broke support level 18820.00
- Likely to fall to support level 18295.00
Nasdaq-100 index recently broke the key support level 18820.00 (the previous monthly low from the end of March).
The breakout of this support level 18820.00 accelerated the minor impulse wave 1 of the intermediate impulse wave (C) from February.
Nasdaq-100 index can be expected to fall to the next support level 18295.00 (former monthly low from September) – the breakout of which can lead to further losses to 18000.00.
Trade war impact on Nasdaq 100Trade wars are escalating, and this time the United States is in conflict with nearly every major economy. In this video, I explain why this shift could have a massive impact on global markets and what it means for traders right now.
I walk through the historical parallels from 95 years ago, when similar tariffs deepened the Great Depression and led to an 80 percent drop in the Dow Jones. A decade later, World War II followed. While no one wants to see that repeated, economic tension is clearly building.
We take a closer look at the Nasdaq 100, which is now trading below its 200-day moving average. I explain why the technical setup suggests further downside and how traders might look to short into rallies rather than chase the current move.
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Nasdaq Avoiding all necessary setbacks today,let me just look at it until it gives me what i understand
Incoming fall and riseNasdaq is struggling to move past the 19200 and 19000 barriers, and this may lead to a bearish correction aiming for 17,886 and 17,333 support. If price action does fall, the 17k region will be the likely barrier, which may spearhead the bullish continuation targeting 19,700 and 20,200.
Currently, price action is rising from 18,500, trying to reach 19,200 and 19,000. As long as price action is under the 19k zone, the bearish correction may likely occur. Failure to fall and finding strength above the 19k barriers, the indice may continue its upward trajectory!
NAS100 Liquidity Trade Analysis 4hr and 1hr Time FrameNasDaq100 is currently in consolidation zone on 1hr levels of $19,035 resistance and $18,633 support zone. We traded of the 1hr tf with break of resistance at $18,630 this was our indication of bullish momentum, waited for correction to retouch our resistance line and took buys off the continuation of bullish momentum.
UNCONFIRMED VIEW - NDXGood Morning Everyone,
Hope all is well. NDX is looking toppy throughout the last week. Lets break it down.
We had a nice strong bullish movement April 7th. This led to a bloom in the market and some nice green rallies. We have only had "1" confirmed support throughout this rally and "1" confirmed resistance.
We have a double top that has formed, you can see this in the two yellow circles. The trend itself is starting to top out on RSI & volume is decreasing. This is all signalling that a path down to find a new support is coming.
Right now I hold 0 of anything. I sold my portfolio this morning and am waiting for re-entry. Yes this was a bit early as I have not confirmed a 2nd resistance however I am playing safe right now.
Enjoy!
Daily Price Action: Nasdaq NDX Tuesday 4/15/2025In this video, we are looking into the potential daily price action of NDX.
NAS100 BUY 4 HOUR TIME FRAMEStrong Demand Zone
Multiple Rejections at the zone
Price has to fill the gaps to the left
3:1 Risk Reward
Let’s See:)
NOT AVAILABLEWhen you spot the setup but dont take it. AHH.Sometimes we get so caught up we lose our hard earned knowledge due to inconsistency
