Current provider snapshot
Separate from the author's published editorial outlook.
Nasdaq 100
Unavailable: Market-data quotes are intentionally disabled for launch. Informational use only.
Source: disabledAsset: Nasdaq 100 (NAS100)
Bias: Bearish
Timeframe: 4H
Price: 29,446.5 · VWAP 29,625.8 · 9 EMA 29,679.8
Chart read
Four straight red 4H candles took price from the 30,111 high to 29,416. Price is below the 9 EMA and VWAP, and tech is leading the overnight selloff after Tesla.
Trade idea
- Order: Sell limit 29,850
- POI zone (order block + Fibonacci): 29,846 – 29,962
- Stop loss: 30,130
- TP1: 29,417
- TP2: 29,321
- TP3: 29,155
- Risk: 280 pts
- Risk/reward: 1 : 2.5
Why this POI
- Bearish OB: the last green 4H candle before the selloff, 29,856 – 30,068
- Fib golden zone (61.8–78.6%) at 29,846 – 29,962, inside the OB
- Stop sits above the 30,111 swing high
Plan B
No retrace? Sell a rejection of R1 at 29,579 toward 29,321
Rules for this idea
- Limit orders only: if price never reaches the POI, there is no trade.
- Wait for the 8:30 AM data and the 9:30 AM cash open before placing the order.
- Risk no more than 1% on the idea; take partial profit at TP1 and move the stop to breakeven.
Primary risk factor
Weekly jobless claims (8:30 AM ET) and the reaction to Tesla's and Meta's results.
Educational analysis, not financial advice. Trade at your own risk.
What could change the outlook
- Weekly jobless claims (8:30 AM ET) and the reaction to Tesla's and Meta's results.
