NDX trade ideas
NAS100 – Eyeing 23,700.0 ResistanceNAS100 continues its bullish momentum, breaking above the 23,480.0 zone after a strong rally. Price is now approaching the 23,700.0 resistance, with short-term support building near 23,480.0. A retest of support before another push higher remains likely.
Support at: 23,480.0 🔽 | 23,280.0 | 22,960.0 | 22,720.0
Resistance at: 23,700.0 🔼 | 23,850.0
🔎 Bias:
🔼 Bullish: Holding above 23,480.0 and breaking 23,700.0 could extend gains toward 23,850.0.
🔽 Bearish: Failure to hold 23,480.0 may lead to a deeper pullback toward 23,280.0.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
NASDAQ (US Tech 100) chart
Here’s the simple breakdown:
* Price is moving upward inside a rising channel
* This means NASDAQ is currently bullish.
* The price is **near the top resistance** of the channel.
* There’s a **horizontal blue resistance zone** where price has struggled before — it’s testing that level again.
* If price **breaks above** this zone, it could continue climbing toward the upper channel line.
* If price **fails** to break, it may drop back to the **nearest support zone** (the lower rectangle).
Resistance:
The top horizontal blue zone — price must break and hold above it for more upside.
* **Support:** Two blue rectangles below show where price might bounce if it drops.
* The middle support is also in line with the **channel’s lower trendline** — a strong bounce area.
* **Bullish bias**
while inside the channel.
* Watch for a **break above resistance** for a big push up, or a **rejection** for a short-term pullback to support.
NDX & SPX , Stay heavy on positionsNDX & SPX , Stay heavy on positions. (QLD, TQQQ)
Despite the rebound, the market remains tilted toward hedging and caution.
In stay light on positions zones, I hold QQQ and reduce exposure.
In stay heavy on positions zones, I increase allocation using a mix of QLD and TQQQ.
when to change your session bias and Take profit, YM! Long1. This video demonstrate when you should change you bias for the session, sometimes before session price action quite confusing but when you add SMT and strength switch concept to you bias you will see true price intention where it will go.
2. Always take entry or profit one level to another level, price always go from one level to another level.
3. This video I try to demonstrate how to take profit when you have to level to target, always look for the correlated instruments to build bias
NSDQ100 sideways consolidation support at 23045Nasdaq 100 Market Summary – August 8
Markets remain cautious, with a mix of corporate and macro developments driving sentiment.
Gold futures surged after the US unexpectedly imposed tariffs on one-kilo and 100-ounce gold bars. The move surprised traders and added fresh uncertainty to the metals market. Oil prices stabilized following a recent decline, as attention shifts to potential diplomatic developments, including a possible Trump-Putin meeting.
In the tech sector, Tesla scrapped its Dojo supercomputer project, a blow to its in-house AI and self-driving ambitions. This comes just weeks after Elon Musk said he was doubling down on the effort. The departure of the project’s lead adds to investor concerns. Meanwhile, Intel’s CEO responded to political pressure by reaffirming his board’s support, as Trump called for his resignation over alleged conflicts of interest.
On the economic front, the latest jobless claims data brought some relief after last week’s soft payrolls report. Initial claims rose slightly to 226,000, just above the 222,000 forecast. However, continuing claims came in higher at 1.974 million, with most of the increase seen in California—likely due to seasonal factors. Additionally, the New York Fed’s July survey showed a rise in both inflation expectations and concerns about the job market.
Conclusion for Nasdaq 100 Trading:
The tone remains cautious. Disruptions at major constituents like Tesla and Intel may drag on sentiment, while macro uncertainty—rising geopolitical tensions, new tariffs, and unstable commodity markets—adds to headwinds. Traders may rotate into defensives or software names with lower exposure to AI hardware or international trade risks. Expect range-bound trading with elevated volatility until clarity emerges on US-Russia diplomacy and the true extent of tariff impacts.
Key Support and Resistance Levels
Resistance Level 1: 23700
Resistance Level 2: 23900
Resistance Level 3: 24085
Support Level 1: 23045
Support Level 2: 22870
Support Level 3: 22675
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NAS100 H4 | Bullish bounce offUS100 (NAS100) has bounced off the buy entry which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could rise to the take profit.
Buy entry is at 23,276.48, which is a pullback support that is slightly above the 38.2% Fibonacci retracement.
Stop loss is at 23,029.35, which is an overlap support that aligns with he 61.8% Fibonacci retracement.
Take profit is at 23,736.91, which is a swing high resistance.
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BUY USTEC 8.8.2025Confluence order: BUY at M15
Type of order: Limit order
Reason:
- The current top is not touching anything, expected to rise to the MAINKEY of H1~M15 above.
- M15~FIBO 0,5-0,618 (same position)
Note:
- Management of money carefully at the last bottom (23,459)
Set up entry:
- Entry buy at 23,438
- SL at 23,423
- TP1: 23,459 (~1R)
- TP2: 23,481 (~2R)
- TP3: 23,540 (~6R)
Trading Method: Price action (No indicator, only trend and candles)
NASDAQ Index (US100 / NASDAQ) Analysis:The NASDAQ index has shown strong bullish momentum recently and is currently trading near a key resistance level at 23,530.
🔻 Bearish Scenario:
If the price fails to break above 23,530 and selling pressure begins to appear, we may see a downside correction toward 23,350. A break below this level could extend the decline toward 23,000.
🔺 Bullish Scenario:
If the price successfully breaks and holds above 23,530, it could support a continued move upward toward 23,730 as the first target. With sustained momentum, we might see a further push toward 24,000.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
Nasdaq Eyes Record Highs Once AginNasdaq faces pressure as it trades below the trendline connecting the consecutive higher lows from April 2025. However, the latest decline rebounded from strong support at 22,700. Price action has reclaimed the 23,000 and 23,400 levels, suggesting a potential shift in tone.
A clean close above 23,500 is likely needed to push the index toward new highs above 23,700. From there, price may either pull back or continue an extended rally toward 24,000 and 24,400.
On the downside, if price falls back below 22,700, the risk increases for a move toward the previous key peaks from 2025 near 22,400 and 22,200.
- Written by Razan Hilal, CMT
BUY USTEC 7.8.2025Confluence order: BUY at M15
Type of order: Limit order
Reason:
- The current top is not touching anything, expected to rise to the sub-key of H1~M15 above.
- M15~FIBO 0,5-0,618 (same position)
Note:
- Management of money carefully at the last bottom (23,,367)
Set up entry:
- Entry buy at 23,339
- SL at 23,317
- TP1: 23,367 (~1R)
- TP2: 23,403 (~3R)
- TP3: 23,459 (~5R)
Trading Method: Price action (No indicator, only trend and candles)
Aug 6th corrective phase, bullish trade setup The Nasdaq 100 is a tech-heavy index, highly sensitive to macroeconomic factors like interest rates, tech earnings, and market sentiment. On August 6, 2025, the market is likely influenced by:
• Monetary Policy: Recent Federal Reserve actions (rate cuts or pauses) could drive bullish momentum, as lower rates favor growth stocks in the Nasdaq.
• Economic Data: Employment, CPI, or tech sector earnings reports could impact volatility.
• Technical Levels: Fibonacci retracements, support/resistance, and trendlines are critical for intraday trading.
I entered Nasdaq above the 0.382 level (23,056.4), First target 23400 was reach at approximately 7pm PST the next targets are the 1.0 (23,700)
*this is not financial advice entertain at your own risk 📊📈
NAS100 at mjaor resistance area Fib 0.5Price has reached the 0.5–0.382 Fibonacci retracement zone of the recent swing. If the bears are strong, we may see a rejection toward the trendline support. However, if this resistance is broken, a bullish continuation is also possible. Let's see how it plays out.