MNQ1! trade ideas
Nasdaq London lunch sell setupDive into the dynamic world of trading with our London lunch strategy tailored for the TF 15-minute chart. 📈 Explore the art of selling with a Risk-Reward ratio of 1:3,79 (TP at 20367) or more, optimizing gains while managing risks effectively. 💹 Learn how to navigate the market with confidence, keeping risk at 1%. Join us on this journey to enhance your trading skills and seize profitable opportunities. 💼
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NQ Bullish with Signs of a Potential Reversal in Early OctoberThe Nasdaq 100 ( CME_MINI:NQ1! ) futures continue to exhibit a strong uptrend, driven by market optimism and supportive economic factors. As seen on the chart, the Bonsai trend indicator remains bullish, signaling the ongoing upward momentum. However, caution is warranted as we approach a critical resistance zone, where multiple technical and external factors suggest the potential for a pullback.
Key Technical Levels and Signals
Resistance at 20,600 : The price is nearing a significant resistance zone between 20,500 and 20,600, where previous highs have been met with seller pressure. The market may struggle to break through this zone in the short term, leading to possible consolidation or retracement.
Bearish Strength on Oscillators : The Bonsai OS is starting to signal an incoming bearish strength, where the oscillator fails to make new highs while the price continues to rise. This divergence suggests that the current bullish move may be losing momentum, increasing the probability of a reversal or correction in the near term.
Short-Term Retracement : A retracement to the 19,800-20,000 region would be healthy for the overall trend, providing potential buying opportunities for traders waiting for a dip. This level aligns with previous support zones and retracement levels, making it a logical area for price to stabilize before another move upward.
Geopolitical and Economic Factors Affecting NQ
U.S. Elections and Tax Policy : The upcoming U.S. election between Vice President Harris and former President Trump is creating uncertainty around future tax policies, particularly regarding capital gains and unrealized gains taxation. Investors may start adjusting their portfolios as we get closer to October, historically a volatile month for the markets.
Global Conflicts and Economic Risks : Rising tensions in Ukraine, the Middle East, and Taiwan add further geopolitical risk. Market participants are keeping a close eye on potential escalations, as these conflicts could shift sentiment toward a risk-off environment, impacting indices like the Nasdaq 100.
Fed Policy and Economic Data : The Federal Reserve's recent rate cut has temporarily buoyed the markets, but upcoming data releases—particularly around inflation and employment—could change the tone. Economic surprises in early October could lead to volatility, especially if the data fails to support the current bullish narrative.
Conclusion: Bullish But Cautious
The overall Bonsai indicator continues to signal an uptrend, and the market looks poised to push higher if it can break through the 20,600 resistance zone. However, the oscillator's bearish divergence and external political risks suggest a potential reversal or at least a short-term correction in the first week of October. Traders should monitor these signals closely and consider adjusting their positions accordingly. Keep an eye on the VIX as well, which has been known to spike during periods of heightened uncertainty, offering opportunities to hedge against increased volatility.
NQ Power Range Report with FIB Ext - 9/26/2024 SessionCME_MINI:NQZ2024
- PR High: 20255.25
- PR Low: 20232.00
- NZ Spread: 51.75
Key schedule economic events
08:30 | Initial Jobless Claims
Durable Goods Orders
GDP
09:20 | Fed Chair Powell Speaks
Breaking out towards ATHs, next stop 20600 pivot
Session Open Stats (As of 12:25 AM 9/26)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 341.04
- Volume: 25K
- Open Int: 232K
- Trend Grade: Bull
- From BA ATH: -2.8% (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
Stairway to Heaven - R2F Model #1This is one of my models, named 'Stairway to Heaven'. Whilst I am an ICT trader, I developed this model myself. My models are considered POIs where I may look for a trade, but all my entries are based on using PD Array in a fractal nature, along with Time Theories.
Watch the vid, if you have any questions on it let me know.
- R2F
Bullish into Weekly SIBIWednesday's candle closed above the prior day's high, reaching the weekly high as well as the previous month's high, we could potentially see the price continue to rally into weekly sibi
4hr market structure is still bullish but after the rally, the price has now closed above 4hr swing-high
4hr Fixed Volume profile shows the POC is at the high of a price and now price action is moving away from that area in a bullish fashion
m15 has two potential areas from long at 20,221.00 or at
if the Asian session continues to expand we will have to see how London's action is traded especially if the price reaches the w-sibi first in the overnight session which could result in a NY session reversal
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
Nasdaq ( NQ futures ) Next 20.434 - 20.482Ray's NQ Daily target 20.177 was almost hit, 20.171 today he posted on X )) He expext tomorrows News to send price to his targets 20.434 - 20.482.
Long $QQQ15min ema still bullish. Expect low is near for the day. Three green days in a row are coming. Sept 30- $491 calls 1.13
NQ areas of interest for WED sep 25 - bias and levelsGM traders
AM opening levels to note IMO
We have crossed the CLEAN area mentioned before on D/H
New areas to note above, and bias is slightly to upside for rest of week.
Areas below that have yet to close/breach on H
Closing remarks pre open at 15/5 min levels.
Happy Trading..
- Doc
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!
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!
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
