Nasdaq trading scenario (25/09/2024) UTC+3Oh friends, this is my scenario for the rest of the day. My markup was sent before the movement and I forgot to attach it to your mouth.
Good luck today!
MNQ1! trade ideas
2024-09-25 Nasdaq / Nas100Hello, this is ViViD.
Let’s proceed with today’s NASDAQ analysis.
First, let's review yesterday’s NASDAQ analysis results. I mentioned that if a breakout occurs above the resistance trendline, there could be a buying opportunity. If you entered at the yellow box area after the breakout, you could have made around $50 in profit, which equates to approximately $1,000 profit per lot. Additionally, a selling entry point was also reached. Based on the entry point, around $70 profit per lot was made, equivalent to about $1,400 per lot. The total profit for yesterday was approximately $2,400 per lot.
Here is the daily chart of NASDAQ. Yesterday, NASDAQ slightly broke the previous high before dropping back down, changing its pattern from a pennant to a rising wedge. Although the buying pressure on the daily chart is strong, if it fails to break out with strong momentum, it is likely that the pattern will complete and a reversal could occur.
This is today’s trading strategy. First, let's examine the sell perspective. If the price breaks below the rising trendline and the yellow box at the price level of 20,050.75, I recommend entering a short position. Breaking below the rising trendline and the short-term bounce zone in the red box could signal a drop to the lower end of NASDAQ’s trading range. In this case, the price could potentially drop to yesterday’s low around 19,956. If we consider the two blue boxes, yesterday’s low was slightly lower, but there was a strong rebound in that area, suggesting that support around 19,956 remains strong. Therefore, the target for the sell position would be near 19,956. Even if the market sees stronger selling pressure, support from the green box on the left needs to be broken before considering a move down to the purple box. My strategy is to target the 19,956 area for the initial sell, and if the market breaks below the green box, I would re-enter the sell trade and aim for the purple box.
Now, for the buy perspective. In the case of buying, both a breakout of the resistance trendline and a breakout above the yellow box, which is around the 20,143 price level, should occur simultaneously to signal a trend reversal to the upside. The target for the buy would be around 20,190, which is conservative because the resistance between the 20,415–20,250 range is quite strong. It’s important to secure profits cautiously.
There are no major economic indicators scheduled for release today. Therefore, the market might remain steady, following the flow from the European session. If the market moves in one direction, the trend may persist until the end of the session. Have a successful trading day.
- ViViD -
NQ Power Range Report with FIB Ext - 9/25/2024 SessionCME_MINI:NQZ2024
- PR High: 20189.00
- PR Low: 20173.75
- NZ Spread: 34.25
Key scheduled economic events
10:00 | New Home Sales
10:30 | Crude Oil Inventories
Teasing weekly range breakout, high and low
Session Open Stats (As of 12:35 AM 9/25)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 347.78
- Volume: 19K
- Open Int: 228K
- Trend Grade: Bull
- From BA ATH: -4.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Eye For Longs wiith Caution Tuesday's candle closed above prior day high, as well as reaching weekly high
4hr market structure is still bullish but after rally price failed to close above 4hr swing high
4hr Fixed Volume profile shows the POC is at the highs on the 4hr price attempted to move away from POC in a bullish fashion but could be a weak move due to the failed closure
I want to see what develops over night to get a clearer picture
but i do see a potential area for longs at 20,097.00 or 20,060.00
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
NQ 4hr ChartHarmonic patter in play. Looking for NQ to continue its bullish momentum. Will be looking to short around the 21800-22K area.
NQ Power Range Report with FIB Ext - 9/24/2024 SessionCME_MINI:NQZ2024
- PR High: 20066.50
- PR Low: 20045.25
- NZ Spread: 47.75
Key schedule economic event
10:00 | CB Consumer Confidence
Previous session polygraph style auction closed virtually unchanged
Session Open Stats (As of 12:35 AM 9/24)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 373.40
- Volume: 32K
- Open Int: 225K
- Trend Grade: Bull
- From BA ATH: -4.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
2024-09-24 Nasdaq / Nas100Hello, this is ViViD. Here is today’s Nasdaq analysis.
This is the daily Nasdaq chart. As I mentioned in yesterday’s analysis, for further upward movement to happen, the price needs to break above the resistance level of the supply zone. This would allow for potential entry from a buying perspective. However, the price movement has been sideways due to the supply zone's resistance, which hasn't yet determined a clear direction.
As we can see in the daily chart, the current pattern shows a pennant pattern, which could indicate a consolidation to the right before a potential continuation of the upward trend. On the contrary, it could also signify a peak, leading to a decline after breaking below the support level.
In the Asian session, we observed a break of the upward trend line. You can see the breakdown in the blue box. However, the rebound zone after the break is noteworthy. The white trend line indicates that the price is making slightly higher lows, establishing a form of support.
Thus, Nasdaq seems to be defending this zone. The key to focus on is whether the white short-term support line holds. The main takeaway is that while the trend is making higher lows and defending the price, the most critical point for a selling perspective is the break below the white support line at the lowest level of 20016.25.
Now, for a buying perspective: The optimal entry point seems to be when the price breaks above the blue box zone, which corresponds to breaking both the price level and the resistance trend line. The reason 20127 is significant is that the white box shows two instances of resistance at this level, making a breakout here critical.
Once the price breaks through, the targets would be at 20164, 20204, and 20264, with additional resistances along the way. However, this breakout could signal the pennant pattern's upward continuation, stabilizing the long-term trend for further upward momentum.
Today, we have the CB Consumer Confidence data, so be cautious of any sharp market changes after the announcement. I hope you have a profitable day!
- ViViD -
Nasdaq (NQZ2024) - Stuck Between A Rock And A Hard Place$19,926 - $20,251 zone is where i aim to concentrate my attention on in the short term as a candle body closure below or above these prices could lead to further induced volatility.
Cautionprevious day indecision candle shows that
we have some uncertainty at the highs
4hr market structure is still bullish but we acre consolidating
4hr Fixed Volume profile shows the POC is at the highs meaning fair value for price
I will not be considering buys just yet unless price breaks 20107.25 on the 4hr or
we have a market structure shift
on the m15 from 19,934.00
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
update as price develops
NASDAQ 100 E-mini: Curve AnalysisStrategic Insights and Trade Setups
Here's a quick rundown of the key insights from today's technical analysis and trade setup based on the 1D timeframe Oscillators, Moving Averages, and my current plan for a potential downtrend as price action approaches the Supply Zone.
📊 Oscillators Summary
Most oscillators signal neutrality, reflecting an uncertain market stance. However, a few important indicators stand out:
Relative Strength Index (RSI):
Currently at 61.33, suggesting neutral conditions but nearing overbought territory.
Stochastic %K:
Sitting at 92.25, also near the overbought zone, which warrants close monitoring.
Momentum (10):
Signals a Sell with a reading of 1,367.25, indicating slowing upward momentum.
MACD Level (12, 26):
Flashes a Buy signal at 161.98, reflecting continued bullish momentum.
📈 Moving Averages Summary
The majority of the Moving Averages indicate a Buy signal, reinforcing the bullish sentiment in the medium to long-term trends:
All significant EMAs and SMAs (10, 20, 30, 50, 100, 200) show positive signals, implying sustained upward momentum.
The Hull Moving Average (9) is the sole outlier, indicating a Sell, suggesting short-term weakness or a pullback is possible.
Trade Setup: Downtrend in the Supply Zone
I have positioned two Sell Limit Orders (SLOs) and four Take Profit targets (TPs) to capitalize on a potential reversal if price action enters overbought territory:
SLO1 @ 20,340⏳
SLO2 @ 20,645⏳
TP1 @ 19,758
TP2 @ 19,269
TP3 @ 18,909
TP4: 18,352
BLO1 @ 18,219⏳
BLO2 @ 17,894⏳
These levels are designed to capture downside movements while staying prepared for any potential reversal once the lower levels are tested.
Stop-Loss Levels
Pivot High Stop-Loss: 20,797
Pivot Low Stop-Loss: 17,741
The setup reflects a balanced risk approach to entering short positions as price action nears overbought conditions while staying flexible for any market reversals.
Keep an eye on these levels and adjust your strategies accordingly. We'll continue monitoring market dynamics for more clarity and updates.
NQ! - Looks to be making corrections today. (smc)20,125, I'm thinking price might hit that around 10 am NY Time. And get rejected there becaus it's both a fair value gap and a Bearish Breaker.
First take profit spot is 19955, thats just below Fridays afternon spike down. That should be the end of the day, maybe. But looks like it's setting up for a deep cut.
Usually the 10 am hour it has only one direction, it dropped at the start of the hour but it's pushing it's way back up. I just can't ee a rejection until it hits 20125, But I could be off and it could short early.
I'm holding a buy until I think it hits that number or if I can clearly see that it's not cooperating, I'll jump ship nd just sell but I'll post updates.
Safe Trading!
SMC = Smart Money Concepts, no such thing asa trend line or a Bat, it's all about liquidity. I have a few tutorials in my ideas
NQZ2024 long pm scalp, targeting 1min equal highs Using a inversion FVG from the am session to go long, and targeting relative equal highs for buyside liquidity, to mitigate the previous loss.
Stopped out twice in NQZ2024 pm short in consolidation stopped out twice in NQ, trying to short the pm session in consolidation profile. -450 bucks in under 2 minutes :D
Bagging 40 on MNQ and leaving Working on my greed and patience, thankfully this was the right move to make, as I see in hindsight that at 10:59am the market completely reversed on this trade idea and melted lower.
Excited to see where the market is going to end up, I am just happy to end the day profitable, alive and well.
Buys 1. Overall bullish
2. Daily bullish (tpd 2x)
3. 4hr bullish ob (tpd 2x)
4. 2hr bullish ob (tpd 5x)
5. 1hr bsl
6. FSL (45min)
7. 30min bullish (tpd 3x)
Waiting to see how it will bounce off of my 2hr OB
24-09-23 nasdaqHello, this is Vivid.
Here’s today’s analysis of the Nasdaq.
Looking at the daily chart of the Nasdaq, it is currently supported by the 20-period and 60-period moving averages. The resistance at the high point of the blue box on the left side of the chart, at 20251.50, appears to be relatively strong. This area was a turning point, and I expect a retest of the high or a breakout, but just because the market trend is upward doesn't necessarily mean it will break through; it could also face resistance. If a breakout occurs, depending on the nature of the movement, there is a high possibility of further upward movement, with the next major resistance at 20410. In this case, we need to observe the candles within the green box, as a large bearish candle had its upper wick reach 20410, indicating it may not easily break through.
For a short-term trading strategy from a buying perspective on the 15-minute chart, if a breakout occurs, the breakthrough of the trendline is important. The current area of focus is the breakout of the red resistance line, marked with a blue box, with a short-term target set at the day's high of 20164. Additional entries would be made if today's high breaks upward. If 20164 is surpassed, the next target, confirmed by the previous week's high, would be around 20201, and if that breaks as well, it could potentially reach up to 20410.
This is the selling strategy for the day based on the 15-minute chart. Currently, we see a breakout from the upward trendline, which began on September 11. The Asian session today also showed a retest of this upward trend, and the subsequent decline established today’s low. Today’s low is 19955.25, and the entry for selling would be triggered simultaneously when we break below 19955.25 and the upward trendline. The target prices are set at 19860 and 19574, based on the lower end of the volume profile.
Please note that the S&P Global US Manufacturing PMI will be announced 15 minutes after the market opens, so keep that in mind while trading.
-ViViD-
SPX Highest Probability Price Targets & Analysis | Sep 23 - 27new price targets for next week (Sep 23 - 27) using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- This week's Targets
Overall we use stats and data pulled from a wide array of Tradingview indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
NASDAQ**NASDAQ:**
This week's forecast is for the price to continue its ascent towards the key level at 20906.25.
NQ Power Range Report with FIB Ext - 9/23/2024 SessionCME_MINI:NQZ2024
- PR High: 19996.25
- PR Low: 19996.25
- NZ Spread: 117.75
Key scheduled economic events
09:45 | S&P Global US Manufacturing PMI
S&P Global Services PMI
Inside previous week highs
Session Open Stats (As of 2:05 AM 9/23)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 373.40
- Volume: 32K
- Open Int: 225K
- Trend Grade: Bull
- From BA ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Bullish Outlook this week last week closed price closed bullish after Fed rate cut news, therefore possible draw on liquidity could be towards previous weeks high
4hr price action is bullish respecting bullish imbalances, created an area of resistance
4hr Fixed Volume profile shows the two highest volume nodes and buyers could still be in control
but we are waiting 4hr bullish close to confirm that price may want continue higher from this area
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
Fridays Easy trade. NQZ2024 1) 12:00 am price opens up with relative equal highs right above.
2)4:00 am price then delivers to the relative equal highs and starts drifting lower.
3)Short term sell side set up before the market open.
4)8:30 price is looking for the relative equal highs again as all the liquidity was not tapped out of that zone. a small retracement happens shorty after 8:30. this sets up for a liquidity raid at the 9:30 opening bell. After taking out the most recent swing high price starts to show its true direction. it then creates an order block on the lower timeframes.
5) price reaches for an Orderblock created the previous day. Price then digs into this orderblcok almost hitting the 50% mark to a tick. just a few ticks off. after it reaches this goal, price then reverts its direction seeking the resting liquidity above the 9:30 price. Punishing any of those still in shorts.
This is not trading advice just for my own journaling and studying.
POST FOMC. What did you catch? NQZ20241)12:00 am price opens in a consolodation before moving higher.
2)8:30 market creates relative equal lows and establishes the short term sell side liquidity.
3)After 9:30 price looks to rebalance the 15 Min FVG, taking out the short term sellside and any profitable longs. after which it rallies higher towards its target.
4) looking back in time to 8/22/24 there is an untouched FVG sitting just below the highs. Price navigates to this spot exactly and breaks lower from it to the tick. but don't take my word for it.
This is not trading advice just for my own journaling and studying.
