NAS100 trade ideas
Ustec - longs📈 NAS100 Long Reversal — Powered by ELFIEDT RSI + Reversion Indicator
Timeframe: 15-min
Instrument: NAS100 (US Tech 100)
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✅ Signal Setup (Long Entry)
This clean reversal was captured using my custom ELFIEDT RSI + Reversion indicator, which detects:
• RSI-based exhaustion conditions
• Precise reversal signals (green “UP” label on the chart)
• Trend-aligned confirmations
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📌 Entry Criteria:
1. Oversold RSI conditions signaled potential exhaustion of the downtrend.
2. A clear bullish reversal candle closed with confirmation from the indicator.
3. The “UP” label marked the ideal entry candle just before the impulsive breakout.
4. RSI momentum shifted positively at the point of signal.
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🎯 Execution Plan:
• Entry: At close of the signal candle with the “UP” label
• Stop-Loss: Placed just below the recent swing low (see red zone on chart)
• Target: Up to previous intraday structure and recovery zone
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💡 Key Observations:
• Early signal allowed high RR entry before breakout
• RSI structure confirmed direction shift
• Strong sustained price action into close
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📚 Learn More:
This trade is part of a larger system combining:
• RSI signal dynamics
• Momentum shift detection
• Session and structure alignment
If you’d like more information about the indicator or how to use it in your own strategy, feel free to follow or reach out.
NASDAQ: Almost overbought but with no stop on this uptrend.Nasdaq is about to turn overbought on its 1D technical outlook (RSI = 68.420, MACD = 402.410, ADX = 22.800) but the current bullish wave shows no signs of stopping yet. The Channel Up since the April bottom indicates that a +9.50% rise is very likely before the next technical pullback, especially as long as the 1D MA50 is holding. Stay long, TP = 23,400.
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ICTTrading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisa
NSDQ100 lower after ADP Employment shrank to 33K in JuneTrump Trade Tensions:
Donald Trump reaffirmed his July 9 deadline for higher tariffs, intensifying criticism of Japan, particularly over auto sector issues. While Japan insists talks are in good faith, market fears of a breakdown are rising.
US Tax Policy in Focus:
Trump’s “Big Beautiful” tax and spending bill faces potential resistance in the House despite narrowly passing the Senate. The proposal’s scale and political friction are drawing investor attention.
Apple Supply Chain Worry:
Foxconn has pulled hundreds of Chinese staff from its Indian iPhone factories, sparking fresh concerns about Apple’s supply chain and Wall Street’s potentially overheated tech optimism.
Paramount Settlement:
Paramount resolved a lawsuit with Trump over alleged election interference via CBS’s coverage. Meanwhile, the company awaits FCC approval for its Skydance merger.
Auto Sector Weakness:
Stellantis reported a 10% drop in U.S. Q2 deliveries despite some brand gains. Tesla is expected to post a 12% annual decline in vehicle deliveries, reinforcing signs of cooling demand in the sector.
Conclusion:
Markets remain cautious but resilient amid political tensions, supply chain disruptions, and weaker auto sales. Attention is now turning to upcoming trade deadlines, policy decisions, and Q2 corporate results.
Key Support and Resistance Levels
Resistance Level 1: 22710
Resistance Level 2: 22820
Resistance Level 3: 22930
Support Level 1: 22190
Support Level 2: 22040
Support Level 3: 21900
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US100 update market The chart you've shared is a 2-hour timeframe for the US 100 index (NASDAQ 100) with a clear bearish outlook marked by projected price levels and potential demand zones.
Key Observations:
1. Current Price:
22,478.5 (near-term consolidation with recent bearish pressure)
2. Highlighted Zones:
Resistance Zone: Around 22,750–22,800 — where price previously reversed.
First Demand Zone: Around 22,100–22,200 — potential support.
Second Demand Zone: Around 21,500–21,600 — deeper support level.
Third Major Demand Zone: Near 21,200 — long-term support.
3. Bearish Structure:
Price has broken below recent support levels.
Black dotted line shows a projected move toward lower demand zones.
Momentum appears to be weakening after a strong bullish rally from June 21–28.
4. Technical Bias:
This is a bearish correction or possible trend reversal setup.
The presence of strong demand zones suggests potential bounce zones if price reaches those levels.
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Summary:
This chart implies a bearish move is underway on the US 100 with expected targets near 22,100, then 21,600, and potentially 21,200. Watch for bullish reaction or reversal signals at those zones. If price reclaims 22,800+, bearish outlook would be invalidated.
Let me know if you want a trade setup or confirmation strategy based on this analysis.
Tesla Drop Pressures Nasdaq – 22,470 Key to Hold RecoveryUSNAS100 | Overview
Tesla dropped approximately 5%, weighing heavily on the Nasdaq, amid public tensions between Elon Musk and Donald Trump.
Yesterday, the price declined below 22,610 due to the impact of Tesla’s fall but remained above 22,470. As long as it trades above this level, a recovery attempt is likely, with the price expected to break through the consolidation zone between 22,615 and 22,740.
However, if the 1h candle closes below 22,470, the bearish trend is expected to continue toward 22,280 and potentially lower.
Pivot: 22,470
Resistance: 22,615 – 22,740 –23,000
Support: 22,280 – 22,200
NAS100 Potential ReversalHi there,
The NAS100 is slightly bullish and fairly stagnant. It is consolidating between two key levels (orange lines). A break below the price might fall into deeper demand zones.
Short Notes
- **Elliott Wave**: 5-wave structure appears complete at resistance (22,137.8), signalling a possible reversal.
- **Liquidity Zones**: Price is at/near a major liquidity zone, increasing reversal risk.
- **Break High**: There's a potential for a false breakout above wave 5 before dropping.
- **Support Levels**: The 21,800.6 (previous day high) and 21,146.2 (previous day low) for first support.
- **Demand Zones**: Strong demand below 21,146.2, with deeper support near 20,000 and 18,800.
- **Overview: A possible bearish move ahead from current highs, targeting lower demand zones.
Happy Trading,
K.
Not trading advice
Usrec longs after drop📈 US Tech 100 | 15-Min Chart
✅ Live Trade Example using ELFIEDT RSI + Reversion
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This setup was captured using the ELFIEDT RSI + Reversion indicator. A clean BUY signal was triggered after an extended move, followed by a sharp reversal — perfectly timed and visually confirmed by the indicator’s built-in logic.
💡 The result? A precise entry with a strong follow-through.
This tool is built to spot high-probability reversals with confluence — across timeframes, instruments, and volatility conditions.
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👥 Want to trade with structure and clarity?
Join our community of traders who use this system daily to simplify their decisions and sharpen their edge.
📩 Comment “🔥” or send a DM to learn more.
Up Up Up... Nothing Can Stop NAS From RisingLet's take a look at the big picture in the NASDAQ: Do you see how nicely the spring crash landed on the 50% retracement of the upward movement since fall 2022?
Now that we've crossed the old ATH, the targets are clear, and they're way up in the NASDAQ.
The summer correction is therefore likely to fail and probably turn into a listless sideways slide. By September at the latest, however, the NAS should pick up speed again and head for targets between 25,000 and 26,000 - at the very least.
Clear skies!
USNAS100 Bullish Momentum Holds Above Key PivotUSNAS100 – Overview
The price successfully retested the 22,610 level and resumed its bullish trend, reaching 22,750 as anticipated in our previous idea.
Currently, the index needs to maintain stability above the 22,610 pivot line to sustain the upward momentum toward the next resistance at 22,790. A sustained move above this level may open the path toward 23,000.
However, a 1H candle close below 22,610 could trigger a corrective move down to 22,480. A break below this support would expose the next key level at 22,280.
Pivot: 22,610
Resistance: 22,790 – 23,000
Support: 22,480 – 22,280
Nas100With speculation about no rate cuts we can expect to see Nas100 plumet with Fed Powells upcoming speech.
If we look at the technical side we can see that Nas has been somewhat consolidating over the past 2 days creating a fair amount of Sell side liquidity. We can expect Powell to speak about rat cuts today in his upcoming speech and we will use this to our advantage waiting for early buyers to push up the market triggering our setup.
We can look for a plus minus 100 pip move before Nas turns around, we will however closely monitor the movement of Nas now until the speech so that we can execute a trade with the least amount of risk.
Remember to like and subscribe for more A+ setups.
Overfitting Will Break Your Strategy — Here’s Why█ Why Your Backtest Lies: A Quant’s Warning to Retail Traders
As a quant coder, I’ve seen it time and again: strategies that look flawless in backtests but fall apart in live markets.
Why? One word: overfitting.
Compare the signals in the images below. They’re from the same system, but one is overfitted, showing how misleading results can look when tuned too perfectly to the past.
⚪ Overfitting is what happens when you push a strategy to perform too well on historical data. You tweak it, optimize it, and tune every rule until it fits the past perfectly, including every random wiggle and fluke.
To retail traders, the result looks like genius. But to a quant, it’s a red flag .
█ Trading strategy developers have long known that “curve-fitting” a strategy to historical data (overfitting) creates an illusion of success that rarely holds up in live markets. Over-optimizing parameters to perfectly fit past price patterns may produce stellar backtest results, but it typically does not translate into real profits going forward.
In fact, extensive research and industry experience show that strategies tuned to past noise almost inevitably disappoint out-of-sample.
The bottom line: No one succeeds in markets by relying on a strategy that merely memorized the past — such “perfect” backtests are fool’s gold, not a future edge.
█ The Illusion of a Perfect Backtest
Overfitted strategies produce high Sharpe ratios, beautiful equity curves, and stellar win rates — in backtests. But they almost never hold up in the real world.
Because what you’ve really done is this:
You built a system that memorized the past, instead of learning anything meaningful about how markets work.
Live market data is messy, evolving, and unpredictable. An overfit system, tuned to every quirk of history, simply can’t adapt.
█ A Warning About Optimization Tools
There are many tools out there today — no-code platforms, signal builders, optimization dashboards — designed to help retail traders fine-tune and "optimize" their strategies.
⚪ But here’s the truth:
I can't stress this enough — do not rely on these tools to build or validate your strategy.
They make it easy to overfit.
They encourage curve-fitting.
They give false hope and lead to false expectations about how markets actually work.
⚪ The evidence is overwhelming:
Decades of academic research and real-world results confirm that over-optimized strategies fail in live trading. What looks good in backtests is often just noise, not edge.
This isn’t something I’ve made up or a personal theory.
It’s a well-documented, widely accepted fact in quantitative finance, supported by decades of peer-reviewed research and real-world results. The evidence is overwhelming. It’s not a controversial claim — it’s one of the most agreed-upon truths in the field.
█ Why Overfitting Fails
Let me explain it like I do to newer coders:
Random patterns don’t repeat: The patterns your strategy "learned" were noise. They won't show up again.
Overfitting kills the signal: Markets have a low signal-to-noise ratio. Fitting the noise means you've buried the signal.
Markets change: That strategy optimized for low-volatility or bull markets? It breaks in new regimes.
You tested too many ideas: Try enough combinations, and something will look good by accident. That doesn’t make it predictive.
█ The Research Backs It Up
Quantopian’s 888-strategy study:
Sharpe ratios from backtests had almost zero predictive power for live returns.
The more a quant optimized a strategy, the worse it performed live.
Bailey & López de Prado’s work:
After testing enough variations, you’re guaranteed to find something that performs well by chance, even if it has no edge.
█ My Advice to Retail Traders
If your strategy only looks great after a dozen tweaks… It’s probably overfit.
If you don’t validate on out-of-sample data… you’re fooling yourself.
If your equity curve is “too good” to be true… it probably is.
Real strategies don’t look perfect — they look robust. They perform decently across timeframes, markets, and conditions. They don’t rely on lucky parameter combos or obscure filters.
█ What to Do Instead
Use out-of-sample and walk-forward testing
Stick to simpler logic with fewer parameters
Ground your system in market rationale, not just stats
Risk management over performance maximization
Expect drawdowns and variability
Treat backtest performance as a rough guide, not a promise
Overfitting is one of the biggest traps in strategy development.
If you want your trading strategy to survive live markets, stop optimizing for the past. Start building for uncertainty. Because the market doesn’t care how well your model memorized history. It cares how well it adapts to reality.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
NASDAQ Possible short-term pull-back.Last time we analyzed Nasdaq (NDX) was a week ago (June 23, see chart below), giving a comfortable buy signal as the price was rebounding at the bottom of the 6-week Channel Up:
The price hit our 22300 Target and has now touched the top of the Channel Up. Based on the 4H RSI, it resembles the May 15 price action, which soon after pulled back to the 0.382 Fibonacci retracement level.
It is possible to see such relief profit taking on the short-term and a test of 22200 (Fib 0.382).
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