SMART MONEY CONCEPT
Market Sentiment & Economic Factors
NAS100 has been under pressure due to rising Treasury yields and hawkish Fed commentary. However, recent price action suggests buying interest at key demand zones. Investors are closely watching economic data releases this week, including NFP & CPI, which could determine the next big move.
Federal Reserve & Interest Rate Impact
The market remains uncertain about the Fed’s next rate move. If inflation cools down, expectations of a rate cut will likely boost tech stocks, pushing NAS100 higher. However, stronger data could keep pressure on equities, leading to further downside.
Tech Sector Strength
Big tech earnings have shown resilience, but concerns over valuations persist. AI-driven stocks continue to provide support, but overall sentiment hinges on macroeconomic factors.
Technical Analysis (1H Timeframe)
Market Structure & Key Levels
Demand Zone Holding Strong:
Buyers stepped in aggressively at 20,275.05, leading to a strong rejection and a shift in momentum.
A Change of Character (ChoCh) was confirmed, signaling potential trend reversal.
Resistance & Target Levels:
First Key Resistance: 21,141.25
Major Supply Zone: 22,113.51 (Break above = strong bullish confirmation )
Breakout Scenario:
A break above 21,141.25 would confirm bullish continuation toward 22,113.51.
A failure to hold current support could trigger a retest of 20,275.05.
Volume & Liquidity Analysis
Recent high volume at demand zone suggests institutional interest.
Liquidity buildup above 21,141.25 could act as a magnet for price.
Trade Plan & Bias
Bullish Above: 21,141.25 (Target 22,113.51)
Bearish Below: 20,275.05 (Downside risk if structure breaks )
Final Thoughts:
The market is at a turning point – will bulls maintain control, or is this just a temporary bounce? Keep an eye on key resistance zones and macroeconomic events for confirmation! Drop your thoughts below!