ICT-Based Trading Strategy: US Tech 100 (Nasdaq 100) – May 8, 2025, Closing Auction Setup
Posted on [Your Trading Blog]
Key Takeaways: Today's analysis focuses on the 3:40 PM – 4:00 PM ET closing auction using ICT concepts, with clear long/short triggers and risk management rules.
1. Market Structure & Trend Analysis
Higher Timeframe (Daily/Weekly) – Bullish Dominance
- Daily Close (May 7): 20,222.9 (+1.75%) – Strong bullish momentum
- Weekly High: 20,249.3 – Price testing this level suggests upside potential
- Key Support: 20,200 (Previous resistance now support)
Conclusion: The bias is bullish until 20,200 breaks.
2. Intraday Price Action (15-Min Chart)
- Session High: 20,227.9
- Session Low: 20,214.4
- Current Price: 20,216.4 (Minor pullback, but no breakdown)
ICT Liquidity Zones
- Liquidity Below (Stop Hunt Zone): 20,200–20,210
- Liquidity Above (Take-Profit Zone): 20,230–20,250
3. Trading Strategy: Long or Short?
A) Long Setup (High Probability – ICT Markup into Close)
Why Long?
- Bullish HTF trend (Higher highs on daily/weekly)
- 3:40–4:00 PM often sees institutional buying to mark up price
- Liquidity below 20,200 likely to be swept before reversal
Entry:
- Aggressive: Buy near 20,210–20,200 (if tested)
- Conservative: Wait for break above 20,227.9
Take Profit: 20,250–20,300 (Weekly high extension)
Stop Loss: Below 20,200 (invalidates bullish structure)
B) Short Setup (Low Probability – Only If Structure Breaks)
Why Short?
- Only if price rejects 20,230 and breaks 20,214.4 with volume
- Could be a stop hunt before reversal, but risky against HTF trend
Entry:
- Break of 20,214.4 with increasing sell volume
- Confirmation: Lower high formation on 3-min chart
Take Profit: 20,200 (Liquidity pool)
Stop Loss: Above 20,230 (Avoid squeeze)
4. When to Avoid Trading
- Choppy Price Action (3:00–3:30 PM): If price is stuck in a 5-point range
- Low Volume Moves: Declining volume suggests lack of follow-through
- False Breakouts: Price spikes above 20,230 but immediately reverses
5. Final Trade Plan (ICT-Aligned)
| Scenario | Entry | Stop Loss | Take Profit | Confidence |
|---|---|---|---|---|
| Long (Markup Close) | 20,210–20,200 | <20,200 | 20,250–20,300 | High |
| Short (Breakdown) | <20,214.4 | >20,230 | 20,200 | Low |
Best Trade: Long on dip to 20,210–20,200, targeting 20,250 into close.
Conclusion
- Primary Bias: Bullish into close (ICT markup phase)
- Short Only If: Structure breaks with volume (low probability)
- Key Levels:
- Support: 20,200 (Must hold for bulls)
- Resistance: 20,230–20,250 (Profit-taking zone)
Final Tip: Watch order flow & volume spikes at 3:30 PM ET for confirmation.
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(Disclaimer: Trading involves risk. This is not financial advice.)