US100 (NASDAQ) Outlook ICT Concepts

US100 (NASDAQ) Analysis

💡 Previous Analysis Review:
In the previous analysis, we noted the importance of price action around key liquidity zones. The market has now expanded higher, sweeping a significant Buy-Side Liquidity (BSL) and approaching a critical resistance area.

📍Current Market Overview:
The NASDAQ (US 100) is currently trading at 19,497.2, having recently swept a Buy-Side Liquidity (BSL) level. The market is now positioned near the highs, indicating a potential reversal or continuation, depending on how price reacts in this zone.

🔍 Identifying Key Levels
• PMH (Previous Month High): 20,800.0
• PWL (Previous Week Low): 17,235.0
• PML (Previous Month Low): 17,570.0
• SSL (Sell-Side Liquidity): Multiple levels visible around 18,180.0 and 17,940.0
• BSL (Buy-Side Liquidity): Recently swept near the current price.

📊 Key Considerations
• BSL Sweep: The recent sweep of BSL suggests that a significant amount of liquidity has been captured. This could lead to a retracement if the market fails to push higher.
• FVG and Reversal Potential: Though not directly visible in the provided chart, any failure to maintain higher prices after this liquidity sweep could signal a strong sell-off.
• Low Resistance Liquidity Sweeps: For both bullish and bearish scenarios, it’s crucial to monitor lower time frame liquidity sweeps:
• For a bearish scenario, additional BSL needs to be taken and a failure to break higher could indicate a reversal.
• For a bullish scenario, if an SSL is swept and the market holds above the current level, it might target the PMH.

📈 Bullish Scenario
A bullish scenario might unfold if:

• SSL Sweep and Hold: If the market sweeps an SSL and holds above the current level, it could indicate that the market is ready to target higher levels, including the PMH.
• Continuation Higher: A successful hold above the BSL sweep could lead to an exploration of higher price zones, particularly towards the PMH.

📉 Bearish Scenario
A bearish scenario could develop if:

• Failure at Current Levels: If the market fails to hold above the BSL sweep and shows signs of reversal, it could lead to a significant retracement.
• FVG Rejection (if applicable): Any rejection at a nearby FVG could further confirm a bearish move, with targets at SSL levels or lower.

📊 Chart Analysis Summary
• Bullish Expectation: A hold above the current level, especially after an SSL sweep, could lead to a continuation towards higher targets like the PMH.
• Bearish Expectation: A failure to maintain higher prices post-BSL sweep, with a subsequent reversal, could lead to a sell-off targeting SSL and lower zones.

📝 Conclusion:
The recent sweep of Buy-Side Liquidity (BSL) puts the market at a pivotal point. Monitoring the reactions around this level and lower time frame liquidity sweeps will be crucial. Both bullish and bearish scenarios are on the table, with the market's ability to hold or reject current levels being the deciding factor.
NASDAQ 100 CFDnasdaqNQNASDAQ 100 E-MINI FUTURESTrend Analysisus100

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