US100 (Nasdaq 100) looks to be shifting momentum from a strong bearish trend into a potential bullish reversal. After breaking down from a rising wedge and forming several bearish flag patterns, price found strong support around the 16,500–16,700 zone (marked with the green circle). Since then, we’ve seen a solid bounce and recovery forming a consolidation range.
The price is now testing the upper boundary of the consolidation box (gray zone), showing signs of strength. A confirmed breakout above this range could trigger a move toward 19,900, 20,100, and possibly 21,700.
Key Bullish Signals:
Strong support held at 16,500
Recovery with higher highs and higher lows forming
Breakout from consolidation box likely
Bullish volume picking up (if confirmed on live chart)
Key Levels to Watch:
Support: 18,443 / 17,600 / 16,500
Resistance: 19,900 / 20,100 / 21,700 / 22,500
Traders should watch for a clean break and retest above 19,200 for confirmation. This could signal a fresh bullish wave in the coming weeks.
FOR EDUCATIONAL PURPOSE ONLY.
#US100 #BullishReversal #Nasdaq100 #TradingView #PriceAction #Breakout #StockMarket #Indices #TechnicalAnalysis #SwingTrading #ChartPatterns #SupportResistance #MomentumShift
The price is now testing the upper boundary of the consolidation box (gray zone), showing signs of strength. A confirmed breakout above this range could trigger a move toward 19,900, 20,100, and possibly 21,700.
Key Bullish Signals:
Strong support held at 16,500
Recovery with higher highs and higher lows forming
Breakout from consolidation box likely
Bullish volume picking up (if confirmed on live chart)
Key Levels to Watch:
Support: 18,443 / 17,600 / 16,500
Resistance: 19,900 / 20,100 / 21,700 / 22,500
Traders should watch for a clean break and retest above 19,200 for confirmation. This could signal a fresh bullish wave in the coming weeks.
FOR EDUCATIONAL PURPOSE ONLY.
#US100 #BullishReversal #Nasdaq100 #TradingView #PriceAction #Breakout #StockMarket #Indices #TechnicalAnalysis #SwingTrading #ChartPatterns #SupportResistance #MomentumShift
Trade active
Active Trade Update Note:“US100 is currently respecting the bullish structure after rebounding strongly from the key support zone between 16,500–16,700, which aligns with previous demand and oversold conditions. The price has since formed a series of higher highs and higher lows, indicating early signs of a bullish trend reversal.
We’re now trading within a consolidation range (17,000–19,200), and price is approaching the upper boundary. A clean breakout and successful retest of the 19,200 level would confirm bullish continuation and open the door for targets at 20,100, 21,700, and possibly 22,500 in the coming weeks.
Buyers should monitor volume confirmation and strong bullish candles around the breakout zone. As long as price stays above 18,443 (nearest support), the bullish bias remains valid. However, a break below 17,600 would weaken the setup and trigger a reassessment.
Currently monitoring for breakout confirmation. Setup remains active with bullish momentum building. Stay updated for further confirmation or invalidation.”
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.
Note
Trader’s Note:“Patience is key here. The structure is developing in favor of the bulls, but breakouts take time to confirm. Let price action do the work—wait for a clear breakout above 19,200 and a strong retest before entering aggressively. Targets like 20,100 and 21,700 are in sight, but rushing in early could expose you to unnecessary risk. Stay disciplined, trade the confirmation, and let the market come to you.”
Note
Update Note:“US100 is moving in our favor as expected, showing strong bullish momentum and respecting the key breakout levels. The price action is validating the bullish reversal with clean structure and steady higher lows. We're now approaching the next resistance zones, and this move strengthens our bias toward 20,100 and beyond.
For investors and traders: stay patient and stick to the plan. Let the market confirm each level step by step. Avoid chasing price — focus on clean breakouts, retests, and confirmation candles. Smart entries come from discipline, not urgency. Momentum is on our side, and the targets remain valid. Stay updated and let the setup play out fully.”
Trade closed: target reached
Reached Target – Update Note:“US100 has successfully broken out of the consolidation range (17,000–19,200) and has now hit our first major target at 19,900–20,100, as projected in the bullish setup. This confirms the reversal pattern we were tracking after the strong support bounce near 16,500–16,700.
The breakout was supported by bullish structure (higher highs, higher lows) and momentum buildup, showing clear interest from buyers. Our next targets are in sight at 21,700 and 22,500, but we advise caution near these zones as partial profit-taking may occur.
For now, this setup remains valid and active. If you're in the trade:
Lock in partial profits
Trail your stop-loss below 19,200 (the previous breakout zone)
Be patient for the next leg upward to confirm
Great discipline for those who waited on confirmation and trusted the structure. More updates coming as price approaches the next key levels.”*
Note
US100 has successfully hit my target, rising from 19,700 to 21,403, marking a strong bullish move of over 1,700 points. The breakout above 20,000 confirmed upward momentum, supported by strong tech earnings and positive market sentiment. This achievement highlights the strength of the trend, with 21,400 now acting as a key level to watch for either further upside or potential consolidation.
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Disclaimer
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. Read more in the Terms of Use.
Related publications
Disclaimer
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. Read more in the Terms of Use.