NASDAQ Potential Bearish Reversal Analysis NASDAQ Potential Bearish Reversal Analysis ๐ง ๐ป
The chart illustrates a potential bearish setup forming after a recent uptrend in NASDAQ. Let's break it down professionally:
๐ Technical Overview:
Ascending Trendline Break โ
Price had been respecting a steady ascending trendline.
A break below this trendline indicates a possible momentum shift from bullish to bearish.
Bearish Pattern Formation ๐ท
A bearish flag/pennant-like formation can be observed after the sharp rise.
This consolidation f
Nas100usdidea
NAS100 Bullish Breakout SetupNAS100 Bullish Breakout Setup ๐
๐ง Chart Analysis (H4 timeframe)
๐น Ascending Channel:
Price has been trending inside a clear ascending channel (blue zone), supported by higher highs and higher lows.
๐น Support & Resistance:
Support: Around 21,635.32 โ tested multiple times (highlighted by ๐ต arrows).
Resistance: Around 22,265.19 โ recent highs and psychological barrier.
๐น Double Bottom Formation ๐ฃ:
Near support zone, a potential double bottom (bullish reversal pattern) is visible. The necklin
NAS100 Technical Analysis โ Bearish Rejection at Resistance NAS100 Technical Analysis โ Bearish Rejection at Resistance ๐จ
๐
Date: June 6, 2025
๐ Instrument: NAS100 (US Tech 100 Index)
๐ Chart Overview:
The price action shows a clear rejection from the 21,800 USD resistance zone, marked by two strong bearish wicks (indicated by red arrows ๐ด). This level has proven to be a strong supply zone, as sellers repeatedly step in to push prices lower.
๐ต Key Zones:
๐บ Resistance Zone: 21,750 โ 21,800 USD
โ
Multiple rejections and bearish pressure.
๐ป Support Zon
NASDAQ100 Analysis โ Key S/R Zones & Price Reaction Incoming NASDAQ100 Analysis โ Key S/R Zones & Price Reaction Incoming! ๐จ
๐ Chart Breakdown:
This is a technical chart analysis of NASDAQ100 (NAS100) with defined Support and Resistance zones. The price is currently at 21,314.50, sitting below a critical decision area.
๐งฑ Key Zones:
๐ต Resistance Zone:
โฃ 21,640 โ 21,800
โฃ Strong supply area where price sharply reversed previously.
โฃ If price breaks above the mid resistance zone, a bullish move towards this level is likely.
๐ฉ Support + Resistance Flip
NAS100 SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDNAS100 SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing it
NAS100 SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD NAS100 SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing i
NAS100!! I want to mention that NAS100 together with GOLD have the highest accuracy in my analyzes in the last 6 months
As I said last weeks...as I appreciated last week NAS has started a retracement move ... and even if it goes down a bit around 13140 I will keep looking for BUY!
I will give BUY directly and in case of a closure over 13975 for at least 1 day
...as I appreciated last week ... NAS 100 went down and tested the 13140 area from where it rejected very strongly from the Fibonacci 618 area!






