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Micro E-mini Nasdaq-100 Index Futures

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MNQ1! trade ideas

Navigating the Nasdaq's Turbulence: A Peek into the Week AheadAs we head into the trading week, let’s zero in on some critical levels on the CME_MINI:NQ1! Nasdaq that are making the rounds in savvy financial circles. With a bit of a bearish vibe from the get-go, understanding these might just set the stage for some strategic plays. Top Tier: 19,300 to 19,400 Keep your eyes peeled on this upper bracket. It's where the ceiling might just come crashing down with selling pressure. A lot hinges on how prices react here—will they retreat or break through unexpectedly? Middle Ground: Around 19,200 Here lies the Fair Value Gap, a zone that often acts as a decision-making hub for the bulls and bears alike. If prices struggle to push past this, it might just reinforce the gloomy outlook for the week. Entry Alert: Near 19,100 Thinking of going short? This could be your spot. The Optimal Trade Entry point around 19,100 is where the action could heat up, signaling a strong entry if bearish momentum continues. Watch Your Step: Around 18,730 This level has history. It's served as a balance point before and could either prop up prices for a rebound or give way under bearish pressure, leading to further declines. Base Camp: 18,300 to 18,550 Down here, if the floor gives way, expect the bears to rush in even stronger. It's a critical zone to gauge just how far the current sentiment could drag the market down. ___________________ Abbreviations D FVG - Daily Fair Value Gap D OTE - Daily Optimal Trade Entry Eq 4h - Equilibrium 4 hours OTE 4h - Optimal Trade Entry 4 hours NDOG - New Day/Week Opening Gap
CME_MINI:NQ1!Short
by TradeConfirmed
Are there new records coming for stock market indexes?If you would like to be notified whenever I post a new article, just click “FOLLOW” at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help you. As predicted in our last articles, the European and U.S. indices have made a major recovery after falling in early August. If we look at prices for Q2 2024, we see that they have remained virtually unchanged. Although Western markets posted moderate gains in August, this should not fool us-there were times of sharp declines and high volatility. In Europe, the Stoxx Europe 600 index fell 7 percent in the first week of the month, only to recover 10 percent in the following weeks. This instability was caused by a drop in the Japanese stock market, as a result of differences in the approach to monetary policy between the Japanese Central Bank and the U.S. Federal Reserve, and concerns about a possible economic recession in the United States. However, these fears were allayed, allowing the European and U.S. markets to end the month with positive results after an uncertain week. As expected, core PCE inflation remained stable at +2.7 percent year-on-year in July. This supports the Federal Reserve's plans to lower its benchmark rate in September. However, there are still questions about the extent of the cut. According to the CME's Fedwatch tool, 70 percent of traders expect a 25 basis point cut. We will have to wait for more macroeconomic data to get a better view of the situation. If these do not meet expectations, the Fed may be tempted to delay the rate cut as desired by the market. The European economy is in a similar situation to that of the United States. Inflation has fallen to 2.2 percent, which is close to the ECB's target. As a result, a further cut in interest rates is expected. It would be unreasonable to keep rates at 4.25% when there is a chance to further improve the economy by lowering rates. The technical situation of the indices is positive at the moment. Technical analysis. September is known as the most difficult month for equity markets, so it should not surprise you if you see a period of consolidation, especially after the steep climb of the past two weeks. However, as is often the case, this may only be temporary, and we may see a recovery in October and November. The quarter's financial performance has given a boost to prices, and now all eyes are on the U.S. presidential election. There are several sectors poised to benefit from a victory by one of the candidates. According to our forecast, the Nasdaq100 could enter a consolidation phase that could lead prices to test the 200 moving average. From there, we expect a recovery toward all-time highs, thus making a gain of about 7 percent from current levels. The month of September begins, which has statistically been the worst month for equity markets for many years, and it is therefore to be expected, also given the steep bullish movement of the last two weeks, that a consolidation phase will take place, to then go, as is often the case, to ride a restart in October and November. The quarterly reports have given fuel to prices, and now the focus is on the U.S. presidential election, and there are compartments ready to benefit from a victory of one or the other candidate. It is therefore possible to assume for the Nasdaq100 a consolidation phase that could lead prices to test the 200 moving average and from that level restart, to go to all-time highs thus realizing a performance of about 7 percent from current levels. The situation on the German market (Dax) is different, as it is currently at all-time highs. There may be a short retracement to test the 50-period average, but we expect new highs at least until November. We anticipate a possible +4% rise from current levels. The Ftsemib is currently facing a double resistance area. Seasonality suggests a possible consolidation, with the possibility of retesting the 50 average and restarting in search of the double high at 35,500 points. There could be a 7 percent rise from current levels by the end of November.
CME_MINI:NQ1!Long
by Antonio_Ferlito
NQ Power Range Report with FIB Ext - 9/9/2024 SessionCME_MINI:NQU2024 - PR High: 18444.25 - PR Low: 18391.25 - NZ Spread: 118.5 No key scheduled economic events Climbing above Friday's low Session Open Stats (As of 12:35 AM 9/9) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 412.74 - Volume: 37K - Open Int: 244K - Trend Grade: Bull - From BA ATH: -11.5% (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
CME_MINI:NQU2024Long
by mv3trader5
Fridays "Pump and Dump" Explained. (NQU 2024) 09/06/241)12:00 Price tried to rally Higher and Failed to take out Minor Buy Side. 2)Price immediately sold off in the London Session Creating the Minor Sell Side Liquidity. 3) 8:30 Open Shoots Price Violently Higher, Clearing out the mInor Buyside Liquidity. 4) 9:30 Price shoots lower 5) creating a 5 min FVG and Market structure shift with the crossing over of the 8:30 am price. 6) Entry made on the return to the FVG and a partial added in the next FVG made @ 10:05(ish) 7)Position closed before the beginning of the NY lunch hour. Here is Friday massive sell off. If you saw what I saw then this was a very profitable day for you.
CME_MINI:NQU2024Short
by ken_trades_ICT
Here is the breakdown.. (NQU 2024 Thursday)1) 12:00 am opening price shows signs of trying to move higher. 2) Relative equal lows are created establishing minor sell side liquidity. 3)London sessions makes a new high for the day but fails to take out Asia session highs. 4)Price then Delivers to the Relative equal lows from the day prior BEFORE the 8:30 open. 5)Enter in at the FVG after the majority of damage is done and after candle show support in this area. Targetting the previous session's highs and the previous day's high. This would have been a very good day with minimal drawdown. what is your take on this?
CME_MINI:NQU2024Long
by ken_trades_ICT
The Aftermath Of Tuesday.. (NQU 2024 Wednesday Chart review)1) 12:00 am - 3:00 am Price create relative equal lows in the london session. @ 5:00 am Minor buy side liquidity is taken out. 2) 8:30 open rebalances the FVG Made at 6 am and dips below the 8:30 opening price shortly after. 3)9:30 open rallies higher. But at 10 am there is a huge price swing which would have taken out my trade for a loss if entered immediately. 4) Enter in on the FVG after price fails to invert FVG. Stop loss just outside FVG 5) Targeting the Unbalanced FVG from previous day. This would have been a risky trade in my opinion and after a day like the one prior I probably would not have taken this set up. As I am still learning, I thinking finding something like this on such a day like this was good.
CME_MINI:NQU2024Long
by ken_trades_ICT
NQU Last Tuesdays Sell Off... WOW!1)12:00 Price consolidated on the open, tried to break lower but failed to take out recent swing low. 2) London Session pushed price into a premium, taking out Minor Buyside Liquidity. Also tapping into a 15 min FVG before seeking Sell Side. 3) 8:30 Open pushes Price into a 15 min FVG, Finishing the Consolidation around the Sell Side Liquidity. @ 9:30 Price Pushes above the 8:30 price but fails to go higher and the SELL OFF STARTS! 4) Looking Back in time we can Identify the Draw on liquidity around the daily low of the past Wednesday which has not been tapped into yet. This is not trading advice, this is just my post-week trading chart review. Let me know what you think about this breakdown. What would you change?
CME_MINI:NQU2024Short
by ken_trades_ICT
Nasdaq 100 Weekly AnalysisNQ is getting close to the August and April low now, that is a must hold for bulls in my opinion and that will be my top watch for NQ going forward. It may never hit and if it doesn't I have levels for that scenario as well. I remain bearish, but if bulls can hold 18,000 and the April low I think we may have a decent sized leg back up. I don't expect a big leg back up at all, but I am prepared for the scenario. As always, you can't be overly bias in one direction, follow the trends and go with the flow of the market. You don't want to fight the market. You do not need to know where price is headed next to make money, remember that.
CME_MINI:NQ1!
by AdvancedPlays
Nasdaq 100 Futures (NQ) ShortCurrently the price is going down and breaching through all the supports or Fibonacci levels. 1- Price is currently under a death cross (8 EMA above 21 EMA). 2- Pink trend line was broken. 3- Then, price is going down through a downwards parallel channel. 4- There is liquidity still to be met in that green rectangle. 5- 78.6% Fibonacci is coincident with the white trend line that is the ultimate support since January 2023. 6- If the white line is broken down, then price will go to lower levels and may be the start of a bear market. 7- If price rebounds at 78.6% Fibonacci, then it can go for the liquidity in the red rectangles. In summary, 17,923 is the target #1, then we should wait for price action to determine what's the next target.
CME_MINI:NQ1!Short
by hungryOatmeal4528
1