NASDAQ 100 E-mini Futures
Short
Updated

NQ1!: Intraday

461
Its been a hot minute since I have posted an intra-day idea.

Here is a trade I am in.

Target box is purple. Stop is a break out of the support range (opening range).

Let's see what happens!

Not advice.
Note
So this moved way quicker than expected, as it approached the target I set a trail stop and ofc immediately got trail stopped, like the market knew lmao. Can't complain though because I caught 98% of the move.

Anyway, here is the larger outlook for NQ1! for those who may be interested:
snapshot

The outlook is indeed bullish, we should head up to the yellow target within the week.
You can see the Bullish targets (green) and bearish targets (red) on the week, as well as the threshold range.

I do imagine after removing this intra-day target I posted, we should see upside to the green range, but if it is unable to reclaim the threshold ofc the bias should remain bearish.

Overall pretty confident that we will break over the threshold range though due to that yellow target (high probability target).

Thanks for reading and safe trades to all!
Trade closed: target reached
We hit the yellow target during overnight session,
Reshorted the NYSE open and TP hit off open.

Thanks for following along!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.