US Tech 100 Cash Index forum
US100 US-100 Analysis: Short Setup in PlayThe US-100 has broken out of its rising wedge structure after a rejection at the 21,800 bearish order block and has found support at the 20,700 daily order block. Following this, price action has climbed back into the 4-hour Ichimoku cloud, an area of indecision, and retraced 61.8% of the prior fall, now approaching the 70% retracement level, an optimal shorting zone.
Market Structure and Key Levels:
• The break of structure on the 4-hour timeframe signals a potential shift in momentum.
• RSI Readings:
• 4-hour RSI remains at 54, indicating a lack of strong bullish momentum despite the recent recovery.
• Daily RSI stands at 53, showing mild bullishness but not enough to invalidate a short bias.
• Volume Profile Considerations:
• Cumulative delta is currently below both of its moving averages, suggesting bearish volume absorption despite the price moving up.
• High-volume areas are identified at 21,441 and 21,120, with another key volume cluster at 21,100.
Short Trade Setup:
Given the structural breakdown, volume context, and Fibonacci retracement levels, a short position at these levels aligns with the current setup:
• Entry: Around the 0.70% retracement zone (~21,297)
• Stop Loss: 21,680 (above key resistance)
• Take Profit: 20,700 (previous support)
• Risk-Reward Ratio: 7:1, making this a high-reward opportunity.
Additional Confirmation:
• The 2-hour trendline has been broken and is currently being retested at the 2-hour bearish order block (~21,297).
• Delta positioning: While mildly bearish, a strong absorption zone could serve as a refined entry confirmation. If delta remains high but price stagnates, it indicates trapped buyers—potentially strengthening the short case.
Final Thoughts:
The market’s previous large drop significantly displaced structure, unlike the November 15th move, which lacked order block breaks or structural displacement. This further supports the bearish bias.
For those tracking granular volume delta, an entry confirmation could come if price stalls while delta increases, signaling trapped buyers before the anticipated move downward.
NAS100 triple top (liquidity) and fair value gap right above it... no brainer $1600NAS100 that was awesome
NDQ Bulls ready to take charge.
NDX Apple earnings release at 9.30 gmt. With Tesla, Microsoft and Meta having mixed results and Nvidia losing ground to Deepseek. What's do you think is gonna happen?
NAS100 I just had a call with Elon and he said tobuy
NDX still not closed above .702 fibbonacci retracement level on any timeframe. Lots of sideways chopping. Losing strength on MACD also. It's going down my friends. The nasdaq has topped and won't go any higher I'm shorting 0.5 contracts, 10k.
NAS100 25k and we still going strong, Uncle Sam paying good money this week
NAS100FT Al longs and shorts closed....great profit...not gonna tempt the Greedy Spirits to take over and F**k me....I'm out....Peace!