NASDAQ 100 CFD
Beyond the Chart – NAS100 Through Technicals & Fundamentals📊 CAPITALCOM:US100 Analysis
Today, NAS100 opened with a huge gap up following former President Trump’s announcement that the U.S. has officially reached a trade agreement with the European Union.
🕳️ After price rejected the gap zone, and volume gets low low. I’m now looking for a potential test of the 23,540 level.
💼 With Q2 earnings season kicking off, stock-moving news will be hitting fast. While retail traders might scramble to catch up, smart money is already positioning for surprise earnings beats.
Stay sharp, this week could set the tone for the next major move.
NASDAQ: Still Bullish! Look For Valid Buys!Welcome back to the Weekly Forex Forecast for the week of July 21-25th.
In this video, we will analyze the following FX market:
NASDAQ (NQ1!) NAS100
The Stock Indices are strong, and showing no signs of selling off. Buy it until there is a bearish BOS.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NAS100 - How will the stock market react to the FOMC meeting?!The index is trading above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. The target for this move will be the ceiling of the channel, but if it corrects towards the indicated support area, you can buy Nasdaq with better reward-risk.
As signs of easing global trade tensions begin to emerge, the Federal Open Market Committee (FOMC) is scheduled to meet this week. Analysts widely expect the Fed to hold interest rates steady for a fifth consecutive time. This anticipated decision comes as the U.S. President continues to push for rate cuts, persistently pressuring the Fed to adopt a more accommodative monetary stance.
So far, the Federal Reserve has kept its benchmark rate within a range of 4.25% to 4.5%. While some officials project two cuts by the end of the year, markets are waiting for the Fed’s patience to run out. According to the CME Group’s FedWatch tool, investors have priced in a 62% chance of a rate cut in the September meeting. By then, the Fed will have access to the July and August employment reports—key indicators of whether the labor market is weakening or remains resilient.
The upcoming week marks the peak of Q2 earnings season, with 37% of S&P 500 companies reporting results, including four major tech firms. In parallel, the August 1st tariff deadline for the EU and other countries is approaching, while legal challenges over existing tariffs remain ongoing.
According to a report by The Wall Street Journal, many large U.S. corporations have so far absorbed the bulk of tariff-related costs without passing them on to consumers. This strategy aims to maintain market share and avoid drawing criticism from President Trump. However, the question remains—how long can this continue?
Examples from the report include:
• General Motors paid over $1 billion in tariffs in Q2 alone without announcing any price hikes.
• Nike expects a $1 billion hit from tariffs this fiscal year and is planning price increases.
• Hasbro is working on a combination of price hikes and cost cuts to offset $60 million in tariff impacts.
• Walmart has made slight pricing adjustments (e.g., bananas rising from $0.50 to $0.54) and managed pressure through inventory reductions.
This week is shaping up to be one of the busiest on the economic calendar in recent months. A flood of key data on growth, inflation, and employment, alongside three major interest rate decisions, has markets on high alert.
On Tuesday, attention will turn to two significant reports: the Job Openings and Labor Turnover Survey (JOLTS) and the U.S. Consumer Confidence Index for July. These metrics will offer a clearer view of labor market dynamics and household sentiment heading into critical monetary policy decisions.
The most anticipated day is Wednesday. That day brings the ADP private payrolls report, the first estimate of Q2 GDP, and pending home sales data. Additionally, both the Bank of Canada and the Federal Reserve will announce rate decisions—events with the potential to simultaneously steer global market trajectories.
On Thursday, the July Personal Consumption Expenditures (PCE) price index will be released—a key inflation gauge closely monitored by the Fed. Weekly jobless claims data will also be published that day.
The week concludes Friday with two heavyweight economic indicators: July’s Non-Farm Payrolls (NFP) report, a crucial input for Fed policy decisions, and the ISM Manufacturing PMI, which offers insights into the health of the real economy.
Some economists argue that a September rate cut may be premature, and even suggest that no rate changes might occur in 2025. Analysts expect Fed Chair Jerome Powell to reiterate a data-dependent stance, consistent with previous meetings.
Still, beyond political dynamics, the July meeting holds independent significance.The Fed’s internal policy tone is gradually leaning more dovish, and subtle signals of this shift may emerge in the final statement. Given that only one meeting remains before September, if policymakers are leaning toward a rate cut then, it’s critical that the groundwork for such communication be laid now.
"NASDAQ 100 Heist – Scalp, Swing, or Hold? (Full Plan)🔥 NASDAQ 100 HEIST PLAN – BULLISH LOOT AWAITS! 🔥
🚨 Attention Market Robbers & Money Makers! 🚨
(Swing/Day Trade Strategy – High-Risk, High-Reward Play)
🎯 Mission Objective: Loot the NDX100/US100 (NASDAQ 100) Like a Pro!
Based on Thief Trading’s ruthless technical & fundamental analysis, we’re executing a bullish heist—targeting the Red Zone (high-risk, high-reward area).
⚠️ WARNING: Overbought market, consolidation zone, potential bear traps—weak bears may get slaughtered! Strong hands only!
🔐 ENTRY: The Vault is OPEN!
"SWIPE THE BULLISH LOOT!" – Any price is a steal, but smart thieves use:
Buy Limit Orders (15m-30m TF) near recent swing lows/highs.
DCA/Layering Strategy – Multiple limit orders for max loot.
Breakout Confirmation – Don’t jump in early; wait for the real move!
🛑 STOP LOSS: Protect Your Stash!
Thief’s SL Rule: Nearest 4H swing low (22,600) – WICK LEVEL ONLY!
DO NOT place SL before breakout! (Patience = Profit.)
Adjust SL based on risk, lot size, and number of orders.
🎯 TARGETS: Escape Before the Cops Arrive!
Main Take-Profit: 24,400 (or exit early if momentum fades).
Scalpers: Longs ONLY! Use trailing SL to lock in profits.
Swing Traders: Ride the wave like a true market pirate!
📰 FUNDAMENTAL BACKUP: Why This Heist Will Work
Bullish momentum in NDX100 driven by:
Macro trends (Fed, inflation, tech earnings).
COT Report & Institutional positioning.
Geopolitical & Sentiment Shifts.
Intermarket correlations (USD, Bonds, Tech Sector).
(Stay updated—markets change FAST!)
⚠️ TRADING ALERT: News = Danger Zone!
Avoid new trades during high-impact news.
Trailing SL = Your best friend.
Lock profits early if volatility spikes!
💥 BOOST THIS HEIST! 💥
👉 Hit LIKE & FOLLOW to strengthen our robbery crew!
🚀 More heists coming soon—stay tuned, thieves! 🚀
NQ Weekly Recap & Gameplan – 27.07.2025🧭 Market Sentiment
The overall sentiment remains bullish, supported by:
• Lower inflation data
• Trump’s policy shift toward aggressive rate cuts
This creates a strong risk-on environment across U.S. indices.
🔙 Previous Week Recap
• NQ continued its price discovery phase
• Price swept 4H swing liquidity and triggered a market structure shift
• A new 1H demand zone was formed after MSS
• Price revisited the 1H demand and launched toward new all-time highs (ATH)
• While I anticipated a deeper retracement, ES provided the cleaner pullback
• I executed longs on both ES and NQ using SMT divergence (ICT SMT concept)
📊 Technical Analysis
My bias remains bullish as long as the higher timeframe structure holds.
For the upcoming week:
• Watching for either the 4H or 12H swing high to get swept
• Ideally, a retracement toward the 0.5 Fib level, which aligns with my bullish discount zone
• A clean liquidity sweep into this zone could act as a launchpad for the next leg higher
⚙️ Trade Setup & Execution Plan
Entry Strategy:
• Wait for a new 1H–4H Market Structure Shift
• Identify the new demand zone post-MSS
• Look for price to return to the zone for a long opportunity with LTF confirmation
Trade Management:
🎯 Target: New ATH
⛔ Stoploss: Swing low of the 1H–4H demand zone
📌 Chart will include Fib levels, MSS zones, and execution trigger areas.
Let me know your thoughts or share your plan below.
Happy trading!
NAS100 Retesting Breakout – Eyes on 23170 for Bullish PushDaily Analysis:
Price is testing the upper boundary of the long-term ascending channel. Structure is still bullish with no major breaks of support. If momentum holds, we could extend toward the channel top.
4H Analysis:
Retesting breakout structure. Support is forming around 23000–23050. Bullish momentum remains valid unless price closes below this zone.
1H Analysis:
Micro-breakout confirmed with bullish impulse above 23120. If 23170 holds, continuation toward 23280–23320 is likely.
Confirmation & Entry:
Watch for continuation above 23170. SL below 23080. TP: 23280+
Use caution if 23000 breaks — this would weaken short-term bias.
NASDAQ (CASH100) SHORT - double top H6Risk/reward = 4.3
Entry price = 23 282
Stop loss price = 23 398
Take profit level 1 (50%) = 22 871
Take profit level 2 (50%) = 22 663
If current H6 goes back into range, I will open short position.
All variables on checklist have been met.
I was out last night so I missed my initial entry. Hoping for a second chance.
Hopefully this short works because the last few higher time frame short setups have failed, although because of exit plan I have made very little losses.
USNAS100 - Tech Index Pulls Back After Testing 23,295USNAS100 | OVERVIEW
The index came close to registering a new ATH at 23,295 before pulling back slightly.
Today, it appears to be in a bearish correction phase toward 23,200 and 23,150, as long as the price trades below 23,270.
Market sentiment may remain cautious, especially with no major earnings reports scheduled before the open, although Intel’s report after the close could have a notable impact.
A 1H close above 23,290 would invalidate the correction and open the way toward 23,350 and 23,500.
Key Levels:
Support: 23,200 · 23,150 · 23,050
Resistance: 23,350 · 23,520
Here’s a fresh Nasdaq100 analysis I’ve put together for you.Hey Guys,
Here’s a fresh Nasdaq100 analysis I’ve put together for you.
I’ve marked the buy zone between 23,252 and 23,240. If price dips into that range, I’m anticipating a potential move upward toward 23,294.
Your likes and support are my biggest source of motivation to keep sharing these insights.
Huge thanks to everyone backing me with a thumbs-up!
NAS100 Bigger Picture. Uptrend to be resumedLooking at the current structure through the lens of a trend trading approach, what we saw on NAS100 is more than a simple price bounce, it’s a trend continuation trading within a high-volatility environment. As price is approaching a key resistance level, how price is behaving around this dynamic trendline will be key.
This recent retracement and rejection happening near what we can call a demand zone cluster, was confirmed by a beautiful bounce off the support range. And right now price is respecting the upper and lower bounds nicely.
What happens next? Price is showing signs of bullish exhaustion, but the higher-timeframe structure supports a continuation.
My projected target is towards the upper resistance line, that’s my 23,100 zone as shown.
Nasdaq Ascending Trend has been broken.Good night traders.
With Tuesday & today's move. NQ has broken the ascending trend, and retested the highs.
A total of 107 daily candles, 7,000pips move.
Reasons for taking this trade:
Current monthly candle has 2.9m volume, compared to a 6m & 7million from last 2 months. With only 8 days missing to end the month, how to fill all that pending volume?
Ascending trend has been broken and retested.
Expect a deep correction, around 2000-2400-2600 pips. There is correlation between 38.2 Fibo level.
Last week there was a manipulation with Powell dismiss rumor on Wednesday, next day on Thursday NQ rallied to the upside. Today being also Wednesday we saw a huge rejection to the upside, but there is no continuation.
DXY reaching bottom, + has a deeper short trend initiation, starting on January 13.
Trade will be validated if NQ creates a LL followed by a LH within the next 2 days.
What do you think of this analysis?
Thank you.
Enjoy
USNAS100 Eyes 23350 Ahead of Powell & Earnings StormUSNAS100
The price maintains bullish momentum, as outlined in the previous idea, with a clean rejection from the 23280 zone. Today, volatility is expected to increase ahead of Jerome Powell’s speech and a wave of key earnings reports.
As long as price holds above 23140, the outlook remains bullish toward 23230 and 23350.
A short-term correction toward 23045 is possible if we get a 1H close below 23140.
Resistance: 23230 · 23350 · 23510
Support: 23045 · 22920
Nasdaq-100 H4 | Bullish uptrend to extend higher?The Nasdaq-100 (NAS100) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 22,818.27 which is a swing-low support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 22,590.00 which is a level that lies underneath a multi-swing-low support.
Take profit is at 23,274.42 which is a swing-high resistance.
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NAS100 Bullish Setup: Clean Structure & Entry Zone Pending📊 NASDAQ 100 (NAS100) remains bullish, showing a clean, well-structured uptrend—higher highs and higher lows 🔼📈.
Price has now pulled back into my optimal entry zone 🎯. At this stage, I’m waiting for a bullish break in market structure before considering an entry 🟢🔓.
Patience is key—let the structure confirm first.
Not financial advice ❌💼
USNAS100 | Bullish Setup Ahead of Tech Earnings & Trade RiskUSNAS100 | Bullish Setup Ahead of Tech Earnings & Trade Risk
U.S. equity markets are entering a pivotal week with big-tech earnings and renewed focus on Trump’s proposed trade tariffs. Both the S&P 500 and Nasdaq are hovering near record highs, but new catalysts are required for continuation.
Technical Outlook:
The price has stabilized above 23140, breaking the pivot and confirming bullish momentum. As long as the price holds above this level, the trend remains bullish, especially if it breaks the green triangle resistance structure.
A sustained move above 23140 opens the path toward 23250 and 23350, with further extension possible to 23510.
However, a 4H close below 23140 may activate a bearish correction toward 23045, and possibly deeper toward 22920 and 22820.
Resistance Levels: 23250 · 23350 · 23510
Support Levels: 23045 · 22920 · 22820
Bias: Bullish above 23140
Nasdaq 100: Market Optimism Builds Ahead of Big Tech EarningsNasdaq 100: Market Optimism Builds Ahead of Big Tech Earnings
The earnings season is gaining momentum. This week, major technology companies such as Alphabet (GOOGL) and Tesla (TSLA) are scheduled to release their quarterly results.
Given that 85% of the 53 S&P 500 companies that have already reported have exceeded analysts’ expectations, it is reasonable to assume that market participants are also anticipating strong results from the big tech names. The Nasdaq 100 index (US Tech 100 mini on FXOpen) set an all-time high last week — a level that may be surpassed (potentially more than once) before the end of August.
Technical Analysis of the Nasdaq 100 Chart
Price movements have formed an upward channel (marked in blue), with the following dynamics observed:
→ The bearish signals we highlighted on 7 July did not result in any significant correction. This may be interpreted as a sign of a strong market, as bearish momentum failed to materialise despite favourable technical conditions.
→ Buyers have shown initiative by gaining control at higher price levels (as indicated by the arrows): the resistance at 22,900 has been invalidated, while the 23,050 level has flipped to become support.
→ A long lower shadow near the bottom boundary of the channel (circled on the chart) underscores aggressive buying activity.
Should the earnings and forward guidance from major tech firms also come in strong, this could further reinforce the sustainable bullish trend in the US equity market.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NAS100 - Stock Market Awaits Tariffs!The index is trading above the EMA200 and EMA50 on the 1-hour timeframe and is trading in its ascending channel. The target for this move will be the channel ceiling, but if it corrects towards the indicated support area, it is possible to buy Nasdaq with better reward to risk.
In a week once again clouded by trade tariff threats, the stock market reacted cautiously at times. However, what truly captured investors’ attention was growing concern over potential political interference in Federal Reserve policymaking—a development that influenced market sentiment and shifted the focus away from geopolitical tensions.
Despite political headwinds, U.S. economic data continued to show signs of resilience. Investors this week were more focused on corporate earnings and inflation data than on trade war rhetoric or speculation about Jerome Powell’s possible dismissal. While betting markets such as Polymarket raised the odds of Powell being removed to 40%, legally, the president cannot dismiss the Fed Chair without a valid cause—and allegations like “lying to Congress” lack legal standing.
Still, the greater danger lies not in Powell’s dismissal itself but in the potential erosion of the Federal Reserve’s independence—something that could unsettle investors in stocks, bonds, and currencies alike. Analysts expect Trump may soon appoint an ally as an informal or “shadow” Fed Chair, a move that would elevate political risk in financial markets.
Nevertheless, markets are continuing to operate along familiar lines: equities focus on corporate profits, the bond market on inflation and growth, and the currency market on relative returns. For now, the takeaway is clear: Trump is winning—but perhaps only temporarily.
Rick Rieder, Chief Investment Officer at BlackRock, noted that despite trade tensions and inflation concerns, tariffs have had limited impact so far. Following the June CPI report, he pointed out that inflation ticked up slightly—core CPI rose by 0.23% monthly and 2.93% annually, while headline inflation was up 0.29% monthly and 2.67% annually—but the broader trend still reflects easing price pressures.
Rieder attributed this to companies acting preemptively, managing inventory and adjusting supply chains to avoid passing on costs to consumers. He also cited easing wage pressures and a weakening labor market as factors contributing to the decline in inflation.
As such, Rieder believes the Federal Reserve might lower interest rates in September, though a cut in July is less likely, as the central bank would prefer to assess the impact of tariffs first.
According to the Wall Street Journal, Treasury Secretary Scott Besant privately urged Trump not to remove Jerome Powell. Besant warned that such an action could cause unnecessary turbulence in financial markets and the broader economy, and would also face legal and political hurdles. He emphasized that the Fed is already signaling potential rate cuts later this year, and confronting Powell now would be unwarranted.
A source noted that Besant reminded Trump the economy is performing well, and markets have responded positively to administration policies—another reason to avoid drastic moves.
On another front, rising long-term bond yields have become a concern for Besant, as they increase the government’s borrowing costs.He has been working to keep yields in check and believes firing Powell could further escalate them—hence his conversation with Trump aimed at dissuasion.
The coming week will begin with market attention on the European Central Bank’s rate decision, which could set the tone for Eurozone monetary policy in the second half of the year. Meanwhile, a series of key U.S. economic data will be released, providing a clearer view of conditions in employment, production, and housing.
On Tuesday, Jerome Powell will deliver an opening speech at an official event in Washington. While he is unlikely to directly address Trump’s recent verbal attacks, investors will be listening closely for any subtle references to Fed independence or interest rate direction.
On Wednesday, the June existing home sales report will be released, which could indicate whether housing demand remains steady or is weakening.
Thursday will be a packed day on the economic calendar. The ECB’s rate decision will be announced—an event under heavy scrutiny amid Eurozone stagnation. In the U.S., preliminary PMI data from S&P, weekly jobless claims, and new home sales will also be published.
Finally, the week will wrap up on Friday with the release of U.S. durable goods orders—an important gauge of capital investment in the manufacturing sector.
US100 (NASDAQ 100) 24-Hour Technical Analysis ForecastCurrent Price: 23,076.60 (Close: Friday, July 18th, 2025)
Analysis Period: Next 24 Hours (July 19-20, 2025)
Market Status: Weekend - Preparing for Monday Open
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EXECUTIVE SUMMARY - 24H OUTLOOK
Primary Bias: Neutral to Bullish (Short-term consolidation expected)
Key Resistance: 23,150 - 23,250
Critical Support: 22,850 - 22,950
Expected Range: 22,900 - 23,200
Volatility Level: Moderate (Tech earnings season approach)
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1. CANDLESTICK PATTERN ANALYSIS
Friday's Close Formation
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Pattern: Small-bodied candle with upper shadow at 23,076
Significance: Indecision after testing resistance near 23,150
Volume: Above-average volume suggesting institutional activity
Context: Failed to break cleanly above psychological 23,100 level
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Expected 24H Patterns
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Monday Gap: Potential small gap up to 23,100-23,120 area
Continuation Pattern: Bullish flag/pennant formation developing
Key Reversal: Watch for hammer formation at 22,950 support if decline occurs
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Pattern Probability Assessment
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Doji/Spinning Top: 40% probability (continued indecision)
Bullish Engulfing: 35% probability (if gap up occurs)
Bearish Reversal: 25% probability (if resistance holds)
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2. HARMONIC PATTERN ANALYSIS
Current Harmonic Setup
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Primary Pattern: Bullish Cypher Pattern in Development
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X: 22,400 (previous major low)
A: 23,250 (recent swing high)
B: 22,800 (61.8% retracement)
C: 23,150 (127.2% extension - current test area)
D (Completion): 22,650-22,750 (78.6% retracement zone)
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Alternative Pattern: Bull Flag
---------------------------------------------------------------------------------------------
Pole: 22,400 → 23,250 (850-point move)
Flag: Current consolidation 22,950-23,150
Target: 23,250 + 850 = 24,100 (extended projection)
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Fibonacci Levels (24H Focus)
---------------------------------------------------------------------------------------------
Golden Ratio Support: 22,950 (61.8% of recent swing)
38.2% Retracement: 23,025
23.6% Retracement: 23,050
Extension Target: 23,375 (161.8% projection)
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3. ELLIOTT WAVE THEORY - 24H COUNT
Primary Wave Count (Bullish Scenario)
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Macro Structure: Wave 5 of larger degree impulse in progress
Current Position: Wave 4 correction completing
Mini-wave Count: Flat correction pattern (A-B-C structure)
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24-Hour Wave Projection
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Wave A: 23,250 → 22,800 (Completed)
Wave B: 22,800 → 23,150 (Completed - 70% retrace)
Wave C: 23,150 → 22,950 (In Progress - Equal to A)
Wave 5 Target: 24,000-24,200 (1.618 extension)
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Alternative Count (Corrective Scenario)
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Structure: Double zigzag correction
Current Phase: Second zigzag development
Target: 22,750-22,850 (Wave Y completion)
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Critical Elliott Levels
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Wave 4 Low: 22,750 (must hold for bullish count)
Invalidation: Below 22,400 (Wave 1 high)
Confirmation: Break above 23,250 (Wave 3 high)
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4. WYCKOFF THEORY - 24H PHASE
Current Market Phase Assessment
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Primary Phase: Reaccumulation (Phase B-C transition)
Composite Operator Action: Testing supply at 23,150 area
Volume Analysis: Absorption of selling pressure evident
Smart Money Activity: Institutional buying on dips below 23,000
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Expected 24H Wyckoff Dynamics
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Phase Progression: Moving toward Phase D (Sign of Strength)
Testing Action: Final test of support at 22,950-23,000
Volume Expectation: Declining volume on any weakness
Breakout Setup: Spring action possible below 22,950
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Key Wyckoff Signals (24H Watch List)
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Sign of Strength (SOS): Break above 23,150 with volume
Last Point of Support (LPS): 22,950 area test
No Supply: Expected on rallies to 23,100-23,150
Backup to Edge of Creek: Potential dip to 22,850
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5. W.D. GANN THEORY - 24H ANALYSIS
Square of Nine Analysis
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Current Position: 23,076° on Gann wheel
Next Cardinal Point: 23,100° (significant psychological resistance)
Natural Support: 23,000° (perfect square - strong magnetic level)
Critical Angle: 22,900° (45-degree angle support from recent low)
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Time Theory - 24H Cycle
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Natural Time Cycle: 24-hour cycle from Friday's close
Critical Time Windows:
---------------------------------------------------------------------------------------------
6 hours: 02:00 UTC Monday (potential turn time)
18 hours: 14:00 UTC Monday (major turn potential)
24 hours: 20:00 UTC Monday (cycle completion)
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Angle Theory Application
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Rising 45° Line: Currently at 22,950 (critical support)
Rising 63.75° Line: 23,100 (steep resistance angle)
Declining 26.25° Line: 23,150 (gentle resistance)
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Gann Price Forecasting
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Square Root Method:
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Current: √23,076 ≈ 151.9
Next resistance: 152² = 23,104
Major resistance: 153² = 23,409
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Primary Target: 23,104 (natural Gann resistance)
Extended Target: 23,409 (next perfect square)
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Time-Price Harmony
---------------------------------------------------------------------------------------------
Harmonic Time: 144 hours from last major low
Price Harmony: 23,076 in harmony with 22,500 base
Next Harmony Level: 23,400 (Fibonacci price relationship)
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6. MULTI-TIMEFRAME INTRADAY ANALYSIS
5-Minute Chart Analysis
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Micro Trend: Consolidating triangle pattern
Support: 23,050-23,060 (recent lows)
Resistance: 23,090-23,100 (intraday highs)
Volume Profile: Balanced - no clear direction
RSI (5M): 48-52 range (neutral)
Pattern: Symmetrical triangle (breakout pending)
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15-Minute Chart Analysis
---------------------------------------------------------------------------------------------
Structure: Bull flag formation
Flag Boundaries: 23,040-23,120
Breakout Level: Above 23,120 (bullish)
Breakdown Level: Below 23,040 (bearish)
Moving Averages: EMA20 at 23,065 (support)
MACD: Consolidating above zero line
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30-Minute Chart Analysis
---------------------------------------------------------------------------------------------
Primary Pattern: Ascending triangle
Horizontal Resistance: 23,150 (multiple tests)
Rising Support Line: From 22,950 to current levels
Breakout Target: 23,350 (triangle height projection)
Volume: Decreasing (typical triangle behavior)
Bollinger Bands: Contracting (low volatility)
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1-Hour Chart Analysis
---------------------------------------------------------------------------------------------
Major Structure: Bullish continuation pattern
Cup and Handle: Handle formation in progress
Handle Depth: 7% correction (healthy)
Breakout Level: 23,175 (handle resistance)
Target: 24,000 (cup depth projection)
RSI (1H): 55 (bullish but not overbought)
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4-Hour Chart Analysis
---------------------------------------------------------------------------------------------
Macro Trend: Strong uptrend intact
Correction Type: Shallow pullback (wave 4 character)
Support Cluster: 22,900-23,000 (multiple confluences)
Resistance Zone: 23,150-23,250
Ichimoku Cloud: Price above cloud (bullish)
Volume Trend: Higher lows pattern (accumulation)
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7. TECHNICAL INDICATORS MATRIX
Momentum Indicators
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RSI (4H): 58 (Bullish momentum, room for upside)
RSI (1H): 55 (Neutral-bullish)
Stochastic %K: 62 (Above %D line - bullish)
Williams %R: -35 (Not oversold, upside potential)
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Trend Indicators
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MACD (4H): Above signal line, histogram positive
ADX: 35 (Strong trend strength)
Parabolic SAR: 22,950 (supportive)
Supertrend: 22,850 (strong support)
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Volume Indicators
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OBV: Rising trend (accumulation pattern)
Volume Rate of Change: Positive
Chaikin Money Flow: +0.15 (buying pressure)
Accumulation/Distribution: Uptrend
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8. KEY SUPPORT & RESISTANCE LEVELS (24H)
Critical Resistance Levels
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R1: 23,100 (Psychological + Gann)
R2: 23,150 (Technical resistance + harmonic)
R3: 23,200 (Minor resistance)
R4: 23,250 (Major swing high)
R5: 23,350 (Extended target)
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Vital Support Levels
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S1: 23,040 (Immediate support)
S2: 23,000 (Psychological + Gann)
S3: 22,950 (Critical support cluster)
S4: 22,900 (Strong technical support)
S5: 22,850 (Major support zone)
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9. 24-HOUR TRADING SCENARIOS
Scenario 1: Bullish Breakout (50% Probability)
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Trigger: Break above 23,120 with volume expansion
Initial Target: 23,180-23,200
Extended Target: 23,300-23,350
Stop Loss (Longs): Below 22,990
Expected Timeline: 12-18 hours from breakout
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Scenario 2: Continued Consolidation (35% Probability)
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Range: 23,000-23,150
Trading Strategy: Range-bound scalping
Buy Zone: 23,020-23,040
Sell Zone: 23,120-23,140
Duration: Full 24-hour period
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Scenario 3: Bearish Breakdown (15% Probability)
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Trigger: Break below 22,990 on volume
Target 1: 22,900-22,950
Target 2: 22,850-22,900
Bounce Level: 22,800-22,850
Recovery Above: 23,050 negates bearish scenario
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10. RISK FACTORS & CATALYSTS (24H)
Bullish Catalysts
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Tech earnings optimism building
AI sector momentum continuation
Institutional portfolio rebalancing (month-end flows)
Strong economic data expectations
Risk-on sentiment from Asia markets
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Bearish Risk Factors
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Profit-taking ahead of earnings
Rising bond yields concern
Geopolitical tensions impact
Overbought technical condition worries
Sector rotation out of tech
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High-Impact Events (Next 24H)
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Asian market opening (risk sentiment gauge)
Weekend news flow analysis
Pre-earnings positioning
Options expiry effects
Futures gap analysis
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11. TRADING RECOMMENDATIONS (24H)
For Scalpers (5M-15M Timeframes)
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Primary Setup: Triangle breakout trade
Entry Long: Above 23,120
Target: 23,160-23,180
Stop Loss: 23,080
Risk/Reward: 1:2 ratio
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For Intraday Traders (30M-1H)
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Strategy: Bull flag continuation
Entry Zone: 23,050-23,070 (on dips)
Target 1: 23,150
Target 2: 23,200
Stop Loss: 23,000
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For Swing Setup (4H basis)
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Approach: Pullback buying opportunity
Optimal Entry: 22,950-23,000
Primary Target: 23,350-23,400
Extended Target: 23,600
Stop Loss: 22,850
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12. CONFLUENCE ANALYSIS
Bullish Confluence at 22,950-23,000
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Gann Theory: 23,000° perfect square support
Elliott Wave: Wave 4 completion zone
Wyckoff: Last Point of Support (LPS)
Fibonacci: 61.8% retracement level
Moving Averages: EMA 50 confluence
Volume Profile: High volume node support
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Resistance Confluence at 23,150-23,200
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Harmonic: Cypher pattern C-point resistance
Previous Structure: Multiple test area
Psychological: Round number resistance
Gann Angles: 63.75° resistance line
Elliott Wave: Wave B completion area
Technical: Flag pattern upper boundary
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FINAL 24H FORECAST SUMMARY
Most Likely Scenario: Continued consolidation with upward bias, testing 23,150 resistance with potential breakout to 23,200+ levels.
Trading Range Expectation: 22,980 - 23,180 (primary range)
Breakout Levels:
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Bullish: Above 23,120 → targets 23,200-23,350
Bearish: Below 22,980 → targets 22,900-22,950
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Key Time Windows:
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Asian Open: 00:00-02:00 UTC (gap direction)
US Pre-market: 08:00-13:30 UTC (institutional flows)
US Cash Open: 13:30 UTC (volume confirmation)
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Risk Management Notes:
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Position sizing should account for tech sector volatility
Weekend gap risk considerations
Earnings season positioning effects
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Probability Assessment:
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50% - Bullish breakout scenario
35% - Range-bound consolidation
15% - Bearish breakdown
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Disclaimer: This analysis is for educational purposes only. Trading involves substantial risk of loss. Always use appropriate risk management and never risk more than you can afford to lose. Past performance does not guarantee future results.
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For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
NASDAQ: Still Bullish! Look For Valid Buys!Welcome back to the Weekly Forex Forecast for the week of July 21-25th.
In this video, we will analyze the following FX market:
NASDAQ (NQ1!) NAS100
The Stock Indices are strong, and showing no signs of selling off. Buy it until there is a bearish BOS.
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