Nqfutures
NQ not much to addNot much to add, didnt trade today, didnt miss much.
Im flat at the moment except few ES under the water shorts (I always have long term runners and only have 30MNQ going on the long side against 20MNQ short; no more long term ES, more on the short side, all long term holds, as Im fine to take a heat on some)
Will be shorting tomorrow am if we get any higher, will be short over the weekend.
It seems we will be a shallow pullback, the window for the low is 15-16th, should start moving on Monday if not tomorrow.
When we get a volatility, then I will be posting more. Not much volatility these days, no fun.
NQ has a better ABc structure then the SPXNQ went down into the upper trend channel into the close, fake breakout imo.
This move should be over tomorrow if it was not today. My turning day is 4th on SPX and DOW.
There are 2 targets I have on the downside and I favour second more then the first one.
- 12500
- 12075
The low should come on the 15-16th and one more rally into EOM or early Sep to finish the bigger B.
It can stretch into the 14000 zone and should top in between of 50 and 61.8 retracement and fall apart into the Oct low.
Im planning on shorting AH's or tomorrow am.
NQ is same as the ES hitting the top of resistanceWhile ES has a different look then the NQ, NQ is hitting the top of the channel, Maj support is at 12610-20 now
NQ hit top of its small channel possible top for todayGoing to short the next bounce with a stop above the channel
Seeing signs of topping pattern, still can press higher, but SPX is lagging behind with making lower lows
NQ pathway Im trackingLow mid month, high into 13900-1400 zone by end of Aug or early Sep.
This is going much lower into Oct low! Planning on exiting all the long term longs around 13910-14000 zone
NQ almost hit my target zone, expect a test of the mid channelNQ almost hit my target zone, expect a test of the mid channel if not more.
I still day trade this, no swing positions, only ES from Fri.
All depends on how we will be closing today, might enter with either long or short for tomorrow
Tomorrow is a turning day, it can be a move in one direction.
VIX has a long signal, be careful if long indexes
NQ has a clear picture compare to the ES, ideal target is 12797NQ is about to test the upper bull channel in a bigger bear channel.
Perfect confluence at 12797.
Im doing only day trading on it, I will enter long term short when we hit or get close to my ideal target.
sell short NQ i recommend to sell NQ and to not keep it in your portfolio
hight probability that NQ will short until the remain area mentioned on the graphiq
NQ1! time to sellAfter the creation of the reversal figure ''Double Top'' and the breakout of the ''Neckline'' and '' Vwap '' we will wait for pullback after we take the sell position after the opening of the market
NQ rejected the top of the channel, Im shortDont look at any trendlines of mine, but the up trend channel, we hit the top and rejected right away.
Failure to break it will get us close to so wanted decline.
NQ has more weakness for tomorrow At the airport, can do an update.
Friday H&S short was perfect, covered with some profit.
The close isnt looking bullish, I see more weakness tomorrow.
Ideal target to hit and is still at 11700-30
Im short, smaller size, tighter stop
NQ has a small H&S formation on smaller time frame.Markets didnt close bullish to my eyes, looking for some weakness on Monday, ideally good gap down
NQ has a small H&S formation on smaller time frame, ideal target is 11825.
Ideal target to hold next week is 11700.
Im short few contracts as of Fri close.
NQ is in no mans landNQ is riding the broken down trendline and the top of the channel, also its near the mid of the downtrend channel.
I have no good feeling of a direction at this point. Ideally we sell in am and then rally up again to top sometime tomorrow, targets are still 12100-20 and if above, then its bullish and it goes to 12400+
Volatility is going to start rising from the next week, so much biger moves are coming into mid of the month to 20th
NQ is hitting the same top of the channel NQ is hitting the same top of the channel and the broken trendline.
Failing getting above it will just make another good sign for new lows to come mid of the month.
Moment of truth is today
NQ isnt looking good for the bulls hereResistance is very strong in this level, can stretch to 825 for a perfect touch.
11800 call from am got fulfilled, it's very close to it, I have shorted for a quick trade here, looking for a possible real move down off these highs, might not come till after the FOMC
NQ target 11800NQ is in its bear flag channel, has a confluence target of 11800 and support at 11640
NQ MUST HOLD HERENQ hit 1.618 off the highs and 61.8 retracement off the lows. Must hold here and propel to 11800+
Moment of truth
NQ must hold 11500-30 zone! Bullish setup into the EOMNQ is setting up a fake breakdown imo and should be stopped at 11530 zone, 11500 is a must hold for today for any bullish setup going into the EOM
Im expecting a good size rally starting today or tomorrow am, so a long setup from a bit lower is something what Im looking for
NQ hit the support trendlineGetting some longs here
Looking for a support to be found around here together with the ES
Looking to hold till end of the next week. Stops are must to have!
NQ has more room to go.Not touching it at this point.
This is has more room to go lower, NQ is def the one which doesnt like the rates hikes
NQ must hold the lowIdeally we hold the overnight lows, otherwise next stop is 180 level and 11000-10950.
Im leaning up and green close for today going into tomorrow
