NASDAQ 100 E-MINI FUTURESvNASDAQ 100 E-MINI FUTURES
We got to a very strong projection area that we could see a strong drop to the lowest of the bottom strong points in case you breach it will continue to climb
Nq_f
NQ bearish setupIm looking for the CPI run up to be erased before another push up
Support boxes are on the chart, needs below today's lows to finally moving.
Fed is on Wednesday, might get another push tomorrow imo or into the FED
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
We expect a strong return to the lowest areas if God willing
NQ simple here, the break is imminentTriangle, watch for the support to break.
You saw how quickly it can fall, now what it will be when the real selling will hit the markets...?
SPX all eyes on my 4010.50 on closing level!We have touched the first target in am and sold off hard below maj resistance level - 4010.50SPX
Closing below will be very bearish.
Whatever the news triggered, was expecting those to come at any time.
Those in satanic club are pushing for the big war and it wont be bullish!!!
We should see lower lows in Dec, Nov should close lower and Dec will close higher then Nov.
Monthly lowest close will be in Jan and intraday low Mar/Apr
The maj flow from Europe should come next year and it will propel the markets up, hard!
So the next year buy should be a great long opportunity!
There is a huge liquidity crisis and FED's reduction started to hit the books today.
First low should come on Nov 17th and then bounce. Lower into EOM is what I see
NQ still riding its trendline, expect it to break soonPosted this chart last night with the notes to watch the trendline (black line) break otherwise it can extend, it did extend right into the top of the box.
Im shorting/adding at 12150+ or on the break test of the trendline
NQ riding the trendline, it will loose it at some pointThat trendline (black) is what Im watching for the NQ to get a confirmation of a breakdown, without it it can extend higher.
Needs to break the line, close 1h under 11735 and re-test the broken trendline to confirm the top.
As stated before, Im going to reduce my protective longs by 50%, if we gap up tomorrow, already started here.
BTW one important thing is that NDX topped at the crossing of some very important trendlines, it was a trendline confluence today:)
NQ 4h canle crazinessWatch this candle close.
The vol is average, hunt for liquidity is whats happening out there.
Remember the latest Crypto move, it went up first right, the rest was history!
Now how many of you forgot what just happened with crypto is last 2 days after that move up?
People tend to have a short memory. Nov will be a bearish month after Oct bullishness.
This is another bear market rally, nothing else
NQ short from 11501Will have a tight leash on this one
I want to see a move down to 11410-400 and ideally 10343 if not more, might not be all in one day but who knows.
Also watching for the shooting star formation in case we get a sell into the close
UVXY is in IHS
NQ broken a bear flag it was in for several daysSupport lines are on the chart.
Im not heavy shorting as Im waiting for a pump from the election results, ideally we get one for the pre CPI announcement
Ideally we close on the lows, can setup a strong gap down for tomorrow's open, Oct 13th like
GOLD FUTURESGOLD FUTURES
Rising and accelerating very strong upwards and from a very strong correction and we are likely to get very strong movement
NQ is in bear flag, as long as it holds those highs it shouldNQ is in bear flag, as long as it holds those highs it should see lower lows imo
Simple distribution and premium kill all day.
All the money seems are made during the open, now algo game
I would not do options, unless in and out as those loose value quick
VIX closed its gap and still in consolidation mode.
Ideally we bottom in Nov and see a good rally into Jan high.
NQ should see around 8.5k imo, waiting for the capitulation move
For now range trade, in and out.
NQ as long its below 10990-11000 its bearishI missed am rally, exited one long from yesterday at the open and didnt re buy again, was too slow
Now I have added back to my swing short here (some was sold at my 645 and 685 levels I posted yesterday)
Watch that bold support line, its a very important place for the price!
Congrats to those who took a long this am!
I was saying about this rally yesterday it came super fast.
Its Fri, do not over trade! Have stops if you are in green, it can turn against you at any time!
NQ support got sliced!10905NQ got sliced, now its a resistance. Want to see at least 1h candles to hold that level if tested to confirm the breakdown
Im still not in a crash mode till at least after the elections. But as mentioned before Nov will /can be very volatile and red month!
ES tested the broken support from the bottom.
I have entered with small long, will add
NQ watch the bold support!Below that support its over for the bulls, big time!
As mentioned many times before, we will re visit Fri lows, we are almost there
Lets see if it test it and holds for the 3rd time
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
A very strong descent for NASDAQ to reach a very important point to break and it will continue to fall very strongly and the MACD indicator shows us that there is a very strong potential to fall to our levels
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
Very strong ascent and we have a strong area that is a very strong display area that is possible to bounce back and can break and rise
Look where NQ closedYou tell me if its bullish setup into next week or not.
Gaping up and holding the breakout (white line) support/resistance will be def a breakout, otherwise Im not in that camp, even if its going to gap up on Sunday open.
All ES and SPX extensions I was looking, got hit.
Monday can be (and I think it will be) a very bearish day, lets say Spooky Monday!
Cant say happy Halloween as I dont cheer or celebrate dark/evil holidays, but it def can be one for the markets.
Have a great rest of your weekend, I will update SPX chart tomorrow.
NQ is in trend channelShould of check NQ instead of ES, perfectly in trend channel
Will be looking for a higher low to re-enter with longs
Please note, I will cut all the longs at the EOD and flip short if we close on the highs!
NQ is in clear bear flagI didnt have much time on research today, busy day.
But I did spend some time on the NQ, as I didnt do NQ update for a while.
I will also add comments to this post after I do my other research and go through few others updates I follow.
So stay tuned, high chance this chart will get updated with extra comments several times.
So as you can see on the chart, we are in a small (compare to the rest of the year) bear flag and we are already in most overbought conditions for this year including TRIN number and volume.
My best extension (if it was not topped yet and they will push it higher before the elections) is at 12110-50NQ, with the top of the channel at 12250-300.
But first it has to close above recent highs - 11750NQ
I do expect a yo-yo style (outlined on the SPX yesterday) going into EOM and then Midterms.
But the ideal target for this year is actually at 8-8.2k zone!
I know it sounds crazy, but hey wasnt today's numbers crazy early this year?
Some are still in denial.
I do not call for a crash any longer, as we are out of that window astrologically and cyclically but I want to see another 25-35% cut from today's levels before this is over and we bounce hard into a bigger B wave
No new highs next several years at min, maybe after 2026 if not 2032. I do expect 1999 and 2009 pattern, check it out.
Again I might be wrong as anyone else out there, but this is my long term view, gotta stick to it till I see clear changes in trend.
My plan for the short term is the same, its short tomorrow (Im already swing short) into EOM or 1-2nd FOMC rate decision) which should spark a rally and ideally mark the temp bottom going into the Midterms.
They might make a big hike and stop for this year. Canada already increased .50 points instead of .75 points today, so FED can surprise.
After the Midterms is where it gets tricky, I think we will have a last move down into week of 21st of Nov low, that should mark the low for the year.
Can we extend into next year, yes we can, I will be updating you with my view going forward into mid of Nov.
If something not clear, just shoot a question below this post.
Here is zoomed in chart
Also please dont forget to press that 🚀 sign under this post to push it up in algos for others to discover.
NQ perfect am setup for those who followed!Well check those trend-lines held in am, was a perfect hit if you have followed this chart from yesterday.
Im swing short and not doing much till I see first extreme lows hit, then I will take profits and restrike higher
November is a panic month!
NQ clear bear flagBonds got destroyed today, I dont think the markets will hold for much longer.
Im waiting for EOD to add to short or wait for AHs
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
At present it trades within a strong assembly area and if it comes out of it, we will get a certain direction that we can take and get into the strength that God willing.
