Intraday Analysis: Price closed at the 28,973 price level which also confirms as today's opening price. Yesterday closed bearish having traded to a low of 28,906 but failing to break below the level. Today's activities resume bullish as Asian session is seen to create a high at the 29,052 price level. I'll be watching if another Low will be formed today at the 28,950-28870 support zone.
NAS 100- On 4hr, invalidation of the bearish trendline is what will confirm a change in intraday bias, despite Asian session kickstarting the day with buys. Also, a break above 29200 price level will result in a free rally back to 29500 price level.
Do you have any setup today on Nasdaq or any pair? Take it slow and don't over leverage, I have pause because the market conditions is changing, I wait untill fed rate decision want to swing not just day trading
Intraday Analysis: Following FOMC news release yesterday, price has been bullish today in response to filling up the bearish imbalance the news created on LTF yesterday. Although it is still confined to a bearish channel, the chances of the channel holding for long is slim. I'm expecting the current bullish rally to drive to 29800 price level.
NAS 100- price has just invalidated the 4hr bearish channel and broken above 29,200 price level. A retest of the zone will present a trade opportunity for me. Entry-29,200 SL-29000 TP-29,800
NAS 100- Despite breaking above the bearish trendline, I'm still skeptical with the buys. I want to see price form a clear bullish structure not just making impulse moves. A higher high without a corresponding higher low is just a tricky bullish move. Reactions from 29300 should cause the pullback down to 29145 for a possible higher low formation.
NAS 100- is currently reacting to 29445 price level after taking out the 4hr trendline liquidity. I'll be expecting it to start with sells tomorrow, and drop down for a retest of the trendline as a support at the 29145 price level.
NAS 100- Daily Update (Fri 18th September 2026) Trend: Bullish Bias: Bullish Technical Outlook: Bullish Ascending Channel
Intraday Analysis/Forecast: After the strong bullish rally yesterday, which was a recovery move to fill the FOMC bearish imbalance created on Wednesday, Price has formed a solid daily low at the 29,000-price level which confluences with a 3rd trendline touch on a long-term bullish channel. This multiple confluence gives me the conviction that Nasdaq is ready to continue its bullish rally back to 30,000 and above price level next week.
The last Asian 4hr candle that overlaps with London Session has closed with price at the 29661 level. The sell reactions from this level will lead to correction sells back for a retest of the bearish trendline price broke out from.
NAS 100- The correction sells has started from the LTF, but I'm still watching from the bench on the 4hr. I've not seen intraday confirmation for execution yet. It's best not to be sentimental with price movement but calm and calculative of your moves for a clean strike. That's why patience in trading is a priority skill.
