NASDAQ 100 (NAS100) Declines, Approaches the Previous Low at Level 14800

Azeez Mustapha
20 September 2021 | Updated: 20 September 2021

Key Resistance Zones: 15000, 15500, 16000
Key Support Zones: 13500, 13000, 12500

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 index is in a downward move as buyers fail to sustain above level 15700. The index price broke below the moving averages signaling the resumption of selling pressure. If the selling pressure persists, the index will reach the low of level 14800. In the previous price action, the index price retested level 14800 support twice and resumed upward.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 is at level 37 of the Relative Strength period 14. It indicates that NAS100 is in the bearish trend zone and capable of falling on the downside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend. The price bars are below the moving averages which suggests a further downward move.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, NAS100 is in a sideways move. The bulls failed to break above level 15700 resistance. Consequently, the market resumes a downward move. Meanwhile; on September 13 downtrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that NAS100 is likely to fall to level 2.0 Fibonacci extensions or level 15018.06.

NAS100- 4 Hour Chart

4-hour Chart Indicators Reading
The index has fallen below the 20% range of the daily stochastic. It indicates that the index has fallen to the oversold region. Also, the selling pressure is reaching bearish exhaustion. The 21-day SMA and the 50-day SMA are sloping downward indicating the downtrend.


General Outlook for NASDAQ 100 (NAS100)
NAS100 has resumed a downward move. The market is expected to reach the previous low at level 14800. However, according to the Fibonacci tool, NASDAQ 100 will reach level 2.0 Fibonacci extensions or level 15018.06.

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NASDAQ 100 (NAS100) Resumes Uptrend as It Looks Overbought

Azeez Mustapha
6 September 2021 | Updated: 6 September 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 index has risen to level 15660 after breaking above the resistance at level 15200. However, since August 31, the upward moves have been stalled as the market resumed a sideways move below the resistance. The current upward move is doubtful as the market reaches the overbought region. Meanwhile; on July 26 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 15562.54.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 is at level 70 of the Relative Strength period 14. The index has reached the overbought region. Further upward move is unlikely. Besides, we expect sellers to emerge in the overbought region. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend. The price bars are above the moving averages which suggest a further upward move.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, NAS100 is in an upward move. The uptrend has been stalled as the market is characterized by small body candlesticks called Doji. These candlesticks indicate that buyers and sellers are undecided about the direction of the market. On the upside, if price breaks the recent high the market will rise to level 15900. Meanwhile; on August 31 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 15930.06.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
The index is above the 75% range of the daily stochastic. It indicates that the market has reached the overbought region. The upward move is unlikely as the market reaches the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

General Outlook for NASDAQ 100 (NAS100)
The index has resumed upward moves as it broke above the resistance at level 15200. The market has reached the overbought region, the current trend will soon reach bullish exhaustion.


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NASDAQ 100 (NAS100) Unable to Break Level 15200 Overhead Resistance, May Resume Downtrend

Azeez Mustapha
16 August 2021 | Updated: 16 August 2021


Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 is in an upward move. The index trades below the 15200 overhead resistances. Today, buyers are facing rejection at the overhead resistance. Buyers have failed to overcome level 15200 since July. Meanwhile; on July 26 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 15554.80.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
The index is at level 60 of the Relative Strength period 14. It indicates that the market is in the bullish trend zone and has room to rally on the upside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Ranging
On the 4- hour chart, the index is in a sideways move below level 15200. The index is falling after rejection at level 15200. The downtrend will extend to the low of 14960 if price breaks below the moving averages. In previous price action, NAS100 fell to 14960 after rejection at the overhead resistance.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is below the 80% range of the daily stochastic. The index is in a bearish momentum. The 21-day SMA and the 50-day SMA are sloping horizontally indicating the sideways move.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index is a range-bound move below level 15200. The bulls are yet to break the resistance as the index falls. Presently, the market is in the overbought region. Sellers have emerged to push prices down. After the downward move, the index will resume its range-bound move.

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NASDAQ 100 (NAS100) Retraces to 15000 Support, May Resume Downward

Azeez Mustapha
8 August 2021 | Updated: 8 August 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 upward move is facing rejection at level 15200. The upward move has been interrupted since July 26. On August 5, the bulls retested the resistance level but were repelled. In the previous rejection, the index fell to level 14800. In today’s rejection, the index is falling from the recent high. Meanwhile; on July 26 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 15550.80 .

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 is at level 61 of the Relative Strength period 14. It indicates that the market is in the bullish trend zone and has room to rally on the upside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, the index is in a sideways move below level 15200. On August 5, the resistance zone was retested as the index resumed downward. Since July 26, NAS100 has faced several rejections. The index is fluctuating between levels 14800 and 15200. Meanwhile; on August 2 uptrend a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 2.618Fibonacci extensions or level 15421.02.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is below the 80% range of the daily stochastic. The index is in a bearish momentum. The 21-day SMA and the 50-day SMA are sloping horizontally indicating the sideways move.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index is range-bound below level 15200. For the past month, NAS100 is trading between levels 14800 and 15200. The index will trend when the range-bound levels are breached.

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US Wall Street 30(US30USD) Struggles Below Level 35200, Uptrend Unlikely

Azeez Mustapha
3 August 2021 | Updated: 3 August 2021

Key Resistance Zones: 35000, 35500, 36000
Key Support Zones: 27000, 26500, 26000

US Wall Street 30 (US30USD) Long-term Trend: Ranging
US Wall Street 30 is in a sideways move below level 35200. Since July 26, the index has been fluctuating below the overhead resistance. The overhead resistance has not been broken since May 10. Meanwhile, on July 31, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the market will rise but reverse at level 1.272 Fibonacci extension or level 35508.40.

US30USD – Daily Chart

US Wall Street 30 Daily Chart Indicators Reading:
The index is at level 55 of the Relative Strength Index period 14. It indicates that the index is in the uptrend zone above the centerline 50. The 21-day and 50 –day SMA are sloping upward indicating the uptrend. The price bars are above the moving averages which suggest a further upward movement of the index.

US Wall Street 30 (US30USD) Medium-term Trend: Ranging
On the 4-hour chart, the index is in a range bound move below the overhead resistance. The index is fluctuating between levels 34400 and 35200. The uptrend will resume if price breaks above the overhead resistance. The price action is characterized by small body indecisive candlesticks called Doji and Spinning tops.

US30USD – 4 Hour Chart

4-hour Chart Indicators Reading
US30USD is above the 50% range of the daily stochastic. It indicates that the market is in a bullish momentum. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.

General Outlook for US Wall Street 30 (US30USD)
US30USD is in a sideways trend. The index is fluctuating between levels 34400 and 35200 price levels. According to the Fibonacci tool, the market will rise but reverse at level 1.272 Fibonacci extension or level 35508.40.

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NASDAQ 100 (NAS100) Struggles below Level 15000, Uptrend Likely

Azeez Mustapha
2 August 2021 | Updated: 2 August 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 is still in an uptrend. The index price broke the previous resistance at level 15000 but could not sustain the upward move. Today, buyers are pushing the index to the previous high. A break above level 15000 will push the index to the high of level 15600. Meanwhile; on July 26 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 15536.08.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 is at level 61 of the Relative Strength period 14. It indicates that the market is in the bullish trend zone and capable of rising on the upside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, the index is in a sideways move below level 15000. On July 15, buyers have been struggling to break the resistance at level 15000. Meanwhile; on July 23 uptrend a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 2.0 Fibonacci extensions or level 15536.08.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is above the 70% range of the daily stochastic. The index is in a bullish momentum. The index is likely to rise. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index is in a sideways move since July 23. NASDAQ 100 will resume an upward move if price breaks above level 15000. According to the Fibonacci tool, the market will reach level 15536.

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NASDAQ 100 (NAS100) Reaches Overbought Region, Selling Pressure Soon

Azeez Mustapha
26 July 2021 | Updated: 26 July 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 is in an upward move. The upward move appears to reach the overbought region. The daily stochastic and the RSI are signaling that the market has reached the overbought region of the market. The index has resumed an upward move after falling to the low of level 14445. Meanwhile, on July 14 uptrend a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise but reverse at level 1.272 Fibonacci extensions or level 15417.61. The index is approaching the Fibonacci extension for a possible reversal.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 has fallen to level 70 of the Relative Strength period 14. It indicates that the market has reached an overbought region for a possible reversal. In other words, sellers are likely to emerge.
The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, the index is in an uptrend. The price is making a series of higher highs and higher lows. The upward movement will continue as long as the bullish trend line remains unbroken.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is above the 80% range of the daily stochastic. The index is in the overbought region of the market. NAS100 will soon resume selling pressure as sellers are likely to emerge. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index has fallen to the overbought region. The RSI has indicated that NAS100 has no room to rally on the upside. Therefore selling pressure is likely to resume on the downside.



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NASDAQ 100 (NAS100) Declines to Level 14504.60, Uptrend Likely

Azeez Mustapha
19 July 2021 | Updated: 19 July 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 is in an uptrend. The uptrend has been terminated at level 15000. The index has retraced to level 14536.35. Presently, the retracement has reached bearish exhaustion. According to the daily stochastic, the index has fallen to the oversold region of the market. Buyers are expected to emerge in the oversold region of the market.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 has fallen to level 52 of the Relative Strength period 14. The index was earlier in the overbought region of the market. It implies that it is still in the uptrend zone and above the centerline 50. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bearish
On the 3- hour chart, the index is in a downward move. NAS100 has fallen after the rejection at the recent high. Meanwhile, on July 15 downtrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to fall to level 1.618 Fibonacci extensions or level 14553.16. From the price action, the index has tested the Fibonacci level and may continue downward move.

NAS100 – 3 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is below the 20% range of the daily stochastic. The index is in the oversold region of the market. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index has fallen to the oversold region. The selling pressure is likely to subside as price reaches the oversold region. We expect buyers to emerge in the oversold region of the market to push prices up.

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NASDAQ 100 (NAS100) Reaches Overbought Region as Sellers Emerge

Azeez Mustapha
12 July 2021 | Updated: 12 July 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Bullish
NAS100 is in an uptrend. The index is still in the overbought region of the market. It is facing resistance in the overbought region of the market. The current bullish momentum is not likely to extend to level 15000. Sellers have emerged in the overbought region.

NAS100 – Daily Chart


Daily Chart Indicators Reading:
NAS100 has risen to level 70 of the Relative Strength period 14. It implies that the index is in the overbought region. NAS100 has not enough room to rally on the upside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 3- hour chart, the index is in an upward move. NAS100 is facing rejection at the recent high. Meanwhile, on June 8 uptrend a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 1.618 Fibonacci extensions or level 14882.04. From the price action, the index has tested the Fibonacci level and the market is declining.

NAS100 – 3 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is above the 80% range of the daily stochastic. The index is in the overbought region of the market. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.

General Outlook for NASDAQ 100 (NAS100)
The NAS100 index is in the overbought region. The index has resumed its downward move. Sellers have emerged to push prices down.


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Azeez Mustapha

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

NASDAQ 100 (NAS100) Reaches the Overbought Region, May Face Rejection at Level 15000

Azeez Mustapha
5 July 2021 | Updated: 5 July 2021

Key Resistance Zones: 14000, 14100, 14200
Key Support Zones: 13400, 13300, 13200

NASDAQ 100 (NAS100) Long-term Trend: Ranging
NAS100 is in an uptrend. The index is trading in the overbought region of the market. NASDAQ 100 price is making higher highs and higher lows. The bullish momentum is likely to extend to level15000. However, the index overbought condition may not hold in a strong trending market.

NAS100 – Daily Chart

Daily Chart Indicators Reading:
NAS100 has risen to level 72 of the Relative Strength period 14. It implies that the index is in the overbought region. NAS100 has not enough room to rally on the upside. The 50-day SMA and the 21-day SMA are sloping upward indicating the uptrend.

NASDAQ 100 (NAS100) Medium-term Trend: Bullish
On the 4- hour chart, the index is in an upward move. NASDAQ 100 is facing resistance at the recent high. Nonetheless, on June 18 uptrend a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that NAS100 is likely to rise to level 2.0 Fibonacci extensions or level 14485.72. From the price action, the bulls have broken the resistance at level 14600.

NAS100 – 4 Hour Chart

4-hour Chart Indicators Reading
NASDAQ 100 is above the 80% range of the daily stochastic. The index is in the overbought region of the market. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.


General Outlook for NASDAQ 100 (NAS100)
The NAS100 index is in an upward move. The price has reached the overbought region of the market. The RSI period 14 and the daily stochastic have shown the overbought condition of the market. The market will rise to level 15000 and subside.


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Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results



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  • 20% welcome bonus of upto $10,000
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  • The Lowest Trading Costs
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  • Over 100 different financial products
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Azeez Mustapha

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.