MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 1/22/2025 SessionCME_MINI:NQH2025
- PR High: 21820.25
- PR Low: 21768.25
- NZ Spread: 116.5
No key scheduled economic events
Value continuing to rise above previous session and week highs
- Front running 21890s long-term pivot
- Session open stats return to normal
Session Open Stats (As of 12:25 AM 1/22)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 389.26
- Volume: 27K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -2.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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
Wednesday is good day to trade Nasdaq 25.01.22Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Tuesday’s Briefing Results
Chart:
Buy Perspective:
A buy position was recommended upon the breakout above 21812.
The entry zone is marked with the blue box on the chart.
The breakout occurred as a gap-up before the Asian session, resulting in a current gain of approximately 65 points.
Profit: $1,300 per contract.
Recommendation: Consider closing the position here for a conservative approach, as the target has not yet been reached.
Sell Perspective:
The black box indicates the sell perspective zone.
No sell entries were triggered as the ascending trendline was not broken.
Daily Chart Analysis
Chart:
Key Observations:
The current resistance zone is the green box at 21896.75, which aligns with the high from January 6, 2025.
A breakout above this zone would open the next supply zone at the orange box highs, with major resistances at 22111.25 and 22425.75.
While further upside is possible, historical patterns suggest caution: three instances of sharp declines occurred near similar zones.
Recommendation: Stay flexible and prepared for movement in either direction rather than committing to a single bias.
NASDAQ Scenario Analysis
Chart:
Scenario 1: Rising Wedge Continuation
The NASDAQ has been rising in a stair-step fashion since the 21173.5 low, with pullbacks testing support after breaking resistance trendlines.
Evidence: After breaking the blue resistance trendline, the price retested the yellow box before continuing upward.
If 21896.75 (major resistance) fails to break, the price may retest the blue box (red trendline support).
Optimal Strategy: Wait for a breakout above the major resistance at 21896.75 before entering long positions.
Scenario 2: Sharp Decline Possibility
Historical patterns (green box and orange box) show that during the Asian and European sessions, the NASDAQ often rises, forms a supply zone, then sharply declines before the U.S. session.
A similar sharp drop from the red box zone is possible.
Today’s Trading Strategy
Chart:
Buy Strategy:
None.
Reason: Although a breakout above 21896.75 could signal a buy, the risk level is high. New buy entries are not recommended.
Sell Strategy:
Entry 1:
Trigger: Break below the green ascending trendline and 21696.25.
Reason: A breakdown would indicate a potential retest of major support levels (refer to earlier chart analysis).
Entry 2:
Trigger: Break below the orange ascending trendline.
Reason: Completion of the rising wedge pattern (refer to earlier chart analysis).
Conclusion
The NASDAQ is approaching a critical juncture:
For buyers: A breakout above 21896.75 could lead to further upside, but entry at current levels carries significant risk.
For sellers: Focus on trendline breakdowns, particularly below 21696.25 or the orange ascending trendline, to confirm potential downside momentum.
Stay cautious, monitor key levels, and trade strategically. 🚀
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed higher, combining two days of movement into one candle. As anticipated, it rose during the pre-market session but declined during the main session. The daily chart formed a bullish candle, confirming yesterday's buy signal. The bullish trend on the daily chart is likely to continue, but with the current significant gap between the 3-day and 5-day moving averages, a pullback followed by renewed buying pressure is expected.
It is essential to focus on dip-buying rather than chasing prices. However, keep in mind that the weekly chart still shows a sell signal, and both the MACD and signal line on the daily chart remain below the zero line, indicating the possibility of a reversal to a bearish wave at any time.
On the 240-minute chart, the buy signal is intact, and the upward trend continues. However, there is no significant improvement in market liquidity. A strong bullish candle that breaks the box range is needed, but such a move has not yet materialized. Therefore, pre-market sessions may show mixed movements. Selling at resistance levels for box-range trading is advisable. Be mindful of potential volatility due to executive orders from President Trump, which could lead to sharp price swings.
CRUDE OIL
Crude oil closed lower, finding support at the $75 level. As mentioned previously, the $74–$75 range aligns with the 5-day moving average on the weekly chart and serves as a critical support zone, making it a favorable area for dip-buying.
With a 400-tick drop from the $79 high and no dead cross between the MACD and signal line on the daily chart, there is a high probability that oil will rebound as the MACD supports the signal line. On the 240-minute chart, the MACD and signal line have dipped below the zero line, which could accelerate selling momentum. However, the 60-period moving average on the 240-minute chart continues to slope upward, suggesting that selling should be avoided and buying at key support levels is a better approach.
GOLD
Gold closed higher, leaving a lower wick near key support levels. On the weekly chart, resistance remains overhead, but the daily chart indicates that the trend could continue upward, making dip-buying a favorable strategy.
The MACD and signal line on the daily chart remain in an upward trajectory, and a breakout above the 2760 resistance level could open the way to 2780. On shorter timeframes, consolidation followed by a golden cross of the MACD and signal line is evident, while the 240-minute chart has also confirmed a golden cross.
Although further upside is likely, the significant divergence between the MACD and its previous peaks on the 240-minute chart increases the probability of divergence after a substantial rally. Therefore, refrain from chasing prices after a sharp rise and instead focus on buying dips near key support levels while monitoring the breakout above 2760.
Market volatility is intensifying due to President Trump’s remarks. Similar patterns were observed during his first term, as his statements, often made via social media, caused significant fluctuations in the futures markets. Ensure proper stop-loss levels and manage risks carefully in this volatile environment.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21770 / 21710 / 21630 / 21590 / 21530
-Sell: 21880 / 21940 / 22040 / 22110
Crude Oil - Bullish Market
-Buy: 75.10 / 74.60 / 73.60 / 73.00
-Sell: 76.30 / 76.70 / 77.10 / 77.50
Gold - Bullish Market
-Buy: 2751 / 2743 / 2738 / 2731
-Sell: 2767 / 2777 / 2782 / 2787
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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MNQ!/NQ1! Day Trade Plan for 01/21/25MNQ!/NQ1! Day Trade 🎯 for 01/21/25
📈 21755 (NEXT LEVELS: 21850, *21905*, 21940, 22000)
📉 *21370* (CLOSER LEVELS: 21305, 21270, 21210, 21185)
1/2 way mark 📈 21659.5 & 📉 21464.5
Like and share for more daily ES/NQ levels 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Short position enetered using my trading ruleA. TRADING RULES
1. Identify external range liquidity.
2. Wait for ERL to be broken and retraced in the 5min chart for clarity.
3. Mark Highs and lows of the break and retracement in 5mins chart.
4. Wait for this high or low to be broken with 3 strong candle displacement leaving a FVG in 5 mins chart.
5. Using Fib retracement, enter trade at 50% discount on the FVG.
6. Place SL on the opposing ERL marked on screen.
7. TP on the opposing internal range liquidity or external range liquidity.
8. If the above conditions are not met, DO NOT TRADE.
RULE 2
If on retracement, the FVG is violated on 50% retracement, enter short or long as the case may be.
If Marked point high and low is partially broken with FVG which then gets violated, enter for the long or short reversal as the case may be.
NQ: 125th trading session - recapBit unfortunate today, could've had such a great trade...
Everything about the trade and why it could've been so good is explained on the chart, it is pretty simple actually. What made me a bit nervous was that the opening range was tilted to the downside. I don't really like trading in the direction of the range, I would've been way more confident in a bullish breakout. But I do gotta say that it's not the first time that an opening range breakout in the direction of the tilt played out really well. It probably doesn't matter anyway. Again, momentum > structure.
Overall we got a really solid chop afterwards. Still working on a strategy that revolves around it.
I won't trade the opening tomorrow, but I will keep an eye on the price action afterwards.
NASDAQ, all sell signals are about to alignThe Nasdaq is currently showing sell signals on the 60-minute, 120-minute, and 240-minute charts, indicating a high possibility of further decline. If a bearish candle forms on the 240-minute chart as well, the sell signal will be confirmed, making additional price drops inevitable. The direction of the candles is expected to be determined in about 2 hours, and if the price falls, there could be a strong downward shockwave breaking below 21,500, so caution is advised.
On the daily chart, the price is still supported by the 5-day moving average, so it may temporarily appear to rise. However, a clear buy signal has not yet appeared, and the price is likely to test the lower support level around 21,000, potentially forming a double bottom. Aggressive chasing of a buy position is not recommended at this point; it would be more advantageous to sell at the highs. The key support level for buying is projected to be 21,570. If this level is breached, buying from the lower range would be the most favorable strategy.
It is unlikely that a significant upward surge in buying will occur today, so it is better to focus on selling during any price increases.
Nasdaq Futures: Intraday Setups and Key Levels for Today In today’s analysis of Nasdaq futures (Tuesday, January 21, 2025), we focus on key levels and high-probability setups for both long and short trades. With a recent holiday and significant movements following economic announcements, the market is primed for potential opportunities.
📈 Long Opportunities: Look for entries near 21,580 or above 21,750, targeting 21,840 and 21,900.
📉 Short Setups: Zones like 21,670 or 21,760, aiming for moves toward 21,600, 21,400, and 21,300.
📊 Market Insights: Recent liquidity grabs and a mixed structure across timeframes suggest both long and short opportunities today.
💬 Join our daily lives at 9:30 AM (NY time) for real-time analysis and Q&A. Let us know in the comments what other assets you’d like us to analyze or if you’d prefer swing trading strategies in future videos!
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Intraday Levels for Nasdaq 100 Futures - 01/16/2025This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
Nasdaq on 15 minute to take sellside and then move on buyside.The Nasdaq analysis on 15 minute chart shows, price moving lower to take Minor Sellside Liquidity and engage the clustering of NWOGs . After that we could expect price reaching up to the Minor Buyside Liquiidty and Primary Buyside Liquidity considering we broke structure on the Daily Timeframe and Trump becoming the president of the US. 🚀
Please take this as just an idea :) ✅
NQ1! BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NQ1! is making a bearish pullback on the 9H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 21,655.25 level.
✅LIKE AND COMMENT MY IDEAS✅
NQ Power Range Report with FIB Ext - 1/21/2025 SessionCME_MINI:NQH2025
- PR High: 21739.75
- PR Low: 21672.75
- NZ Spread: 149.75
No key scheduled economic events
Major vol session open volatility returning value back to Friday's close
- Abnormal high volume start following holiday
- QQQ gap below 512
- Daily print advertising potential reversal below 21400
- Heightened awareness to instability following Trump inauguration
Session Open Stats (As of 1:25 AM 1/21)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 410.52
- Volume: 204K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -3.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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
NASDAQ After Trump's Inauguration 25.01.21Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Monday’s Briefing Results
Chart:
Buy Position:
A breakout above the high occurred 45 minutes before the U.S. session opened, reaching the buy-entry zone at 21682.5.
While the target of 21812 was not achieved, the price increased by 95 points, generating approximately $1,900 in profit per contract.
Sell Position:
During the Asian session, after breaking the ascending trendline, a sell-entry opportunity emerged at the yellow box.
Following the entry, the price dropped by 183 points, yielding approximately $3,660 in profit per contract.
Total Results:
Based on Monday’s briefing, a total profit of approximately $5,560 per contract was achieved.
Daily Chart Analysis
Chart:
Due to Monday’s market closure, the daily candle for Monday has yet to close, and it will likely complete after Tuesday’s U.S. session.
Key Observations:
The sharp drop during the Asian session found support at the 20 EMA on the daily chart.
The 20 EMA is currently at 21387, and whether this support holds will be crucial in determining the market’s direction.
Bearish Scenario:
If the 20 EMA fails to hold, traders should prepare for a potential trend reversal.
Bullish Scenario:
Resistance was observed at the green box, particularly near the January 7 bearish candle’s high.
If Tuesday’s session closes above the 21806–21896.75 zone, it could signal a breakout above the supply zone and a trend reversal.
A critical point for buyers is whether the current price action can engulf the large bearish candle with a bullish one.
15-Minute Chart Analysis
Chart:
Key Insights:
During the Asian session’s sharp decline, the NASDAQ bounced off the upper boundary of the blue box supply zone.
However, it broke the yellow box ascending trendline, leaving uncertainty about whether the current rebound is a dead cat bounce or a genuine reversal.
The market may react strongly to the president’s inauguration speech and subsequent remarks, which could provide clear direction.
Recommendation:
At this point, trading either direction is a 50-50 probability. It’s advisable to wait for a clear breakout or breakdown before entering a trade.
Today’s Trading Strategy
Chart:
Buy Strategy:
Entry: Breakout above the yellow box high at 21779.
Rationale:
The sharp drop during the Asian session has broken the upward channel.
A breakout above the high would confirm that bullish momentum has returned.
Risk:
The next resistance is close at 21812, and whether this level is broken will be crucial for further upside potential.
Sell Strategy:
Entry:
Break below the ascending trendline, or
Break below both the trendline and the Asian session low at 21377.
Rationale:
The rebound during the Asian session occurred near the 20 EMA on the perpetual contract, making a clear break below this level necessary to confirm a trend reversal.
However, if the white box frame’s lower boundary isn’t completely breached, it’s difficult to confirm a full trend reversal.
Risk: Support at the daily 20 EMA.
Conclusion
The NASDAQ remains in a delicate balance, with potential for movement in either direction:
For buyers, the key focus is on breaking above 21779 and 21812 for a potential continuation of the uptrend.
For sellers, watch for a break below the ascending trendline or 21377 to confirm a trend reversal.
Stay patient, follow the levels closely, and trade strategically. 🚀
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed early due to the U.S. market holiday, and yesterday’s and today’s daily candles will merge into one. As anticipated, the U.S. market showed an upward trend, but it is likely to exhibit sideways or downward movement during the pre-market and regular trading sessions today.
While the daily chart has generated a buy signal, confirmation will only occur if today’s candle closes as a bullish one. With significant resistance levels overhead, the market needs a strong bullish candle to widen the gap between the MACD and signal line. Failure to generate such a rally may lead to repeated resistance at the upper levels and increase the likelihood of a downturn.
On the 240-minute chart, no sell signal has been generated yet, but the market appears to be absorbing overhead supply. If a MACD dead cross emerges, the buy signal on the daily chart may fade, potentially reversing the trend to bearish. Avoid chasing prices and refer to yesterday’s detailed pre-market analysis for further context.
CRUDE OIL
Crude oil closed lower, correcting down to the 10-day moving average. After a brief consolidation at the $76 support, it declined further. The $74–$75 range serves as a critical support level and aligns with the 5-day moving average on the weekly chart. Buying on dips within this range is favorable. However, it is advisable to enter at lower levels, as rebound risks make shorting less viable.
On the 240-minute chart, the MACD is falling towards the zero line, steepening its angle against the signal line. Even if oil rebounds from key support levels, it may face further selling pressure, as a MACD golden cross appears unlikely. Since yesterday’s expected downtrend materialized, today’s strategy should focus on cautious dip-buying at lower levels.
GOLD
Gold closed lower, finding support near the 5-day moving average as anticipated in yesterday’s analysis. The strong pullback to the 5-day moving average provides a reasonable entry point for buying on dips. However, the weekly chart indicates potential for further downside, suggesting short-term positions to manage risk effectively.
On the 240-minute chart, a sell signal has emerged as a head-and-shoulders pattern broke its neckline. A further drop below 2730 could lead to additional downside toward the 2718 support level, where dip-buying may be considered. The MACD and signal line remain significantly below the zero line on the 240-minute chart, increasing the likelihood of a rebound at key support levels.
Avoid aggressive short-selling and note that the broader trend remains bullish, as gold's daily chart exhibits strong buying momentum. Focus on buying near major support levels during pullbacks for a favorable risk-to-reward ratio. Manage your risk carefully and best of luck with your trades today.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21660 / 21620 / 21570 / 21510 / 21480 / 21350
-Sell: 21780 / 21880 / 21940 / 22005
Crude Oil - Bullish Market
-Buy: 75.70 / 74.95 / 74.50
-Sell: 77.50 / 77.85 / 78.25 / 78.65 / 79.10
Gold - Bullish Market
-Buy: 2726 / 2716 / 2708 / 2700
-Sell: 2738 / 2747 / 2753 / 2758
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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Trading a Short at this stage based on my trading rules belowA. TRADING RULES
1. Identify external range liquidity.
2. Wait for ERL to be broken and retraced in the 5min chart for clarity.
3. Mark Highs and lows of the break and retracement in 5mins chart.
4. Wait for this high or low to be broken with 3 strong candle displacement leaving a FVG in 5 mins chart.
5. Using Fib retracement, enter trade at 50% discount on the FVG.
6. Place SL on the opposing ERL marked on screen.
7. TP on the opposing internal range liquidity or external range liquidity.
8. If the above conditions are not met, DO NOT TRADE.
RULE 2
If on retracement, the FVG is violated on 50% retracement, enter short or long as the case may be.
If Marked point high and low is partially broken with FVG which then gets violated, enter for the long or short reversal as the case may be.
MNQH Continued Bullish Run On Friday price made a nice Bullish run that took out the PDH from the previous two days and price closed above the D LV and D SIBI. Currently we have price wicking off the D LV and has traded higher cutting through the MT level of the -OB. If price can stay above that MT level then I can see price going higher and taking out the PDH from Fri Jan 17 2025 at 21680.00 and then eventually target the PDHs from January 6th and 7th.
So lets continue to watch and see if price has truly switched to being Bullish after taking SSL, and finding support off the D BISI CE level.
Get ready for Monday's Nasdaq 25.01.20Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
NASDAQ Daily Chart Analysis
Chart:
On the daily chart, the NASDAQ shows a breakout above the short-term corrective trendline, signaling a potential trend reversal.
Key Developments:
The price has broken above the 20 EMA on the daily chart.
It also rebounded before breaking below the Ichimoku Cloud, hinting at a potential return to new all-time highs.
Support and Resistance:
Support: The 20 EMA, currently around 21390, serves as short-term support.
Resistance: The chart suggests that significant upside remains open, with fewer immediate barriers overhead.
Current Pattern and Resistance
Chart:
The NASDAQ is currently near its only remaining resistance trendline, created between December 17–18, 2024 (orange box).
Key Points:
Beyond this trendline, there are no further descending resistance trendlines.
Resistance will then come from horizontal supply zones or historical highs.
Breakout Potential:
If the price breaks the green box resistance zone, the next key resistance is one of the two white box zones.
A breakout beyond the white box zones could pave the way for new all-time highs.
Today’s Buy Strategy
Chart:
Entry Trigger:
Breakout above both the remaining resistance trendline and the recent high at 21682.5.
Target Levels: Horizontal resistance levels (marked on the chart).
Rationale:
A breakout above the long-term descending resistance trendline, combined with a breakout above the previous high, would likely lead to entry into the blue box supply zone on the left.
This would increase the likelihood of a continuation toward higher levels, fueled by the supply zone dynamics.
Today’s Sell Strategy
Chart:
Entry Trigger:
Breakdown below the orange ascending trendline and a break below 21481.
Target Levels: Horizontal support levels (marked on the chart).
Rationale:
A break below the ascending trendline would indicate weakening momentum.
If a pennant-like pattern forms and the price breaks below the starting zone of the pattern, it would signal a high likelihood of a trend reversal.
The green box highlights the potential breakdown area.
Additional Note:
If the price consolidates and the ascending trendline is broken above 21481, adjust the target to 21481 as the maximum downside level.
Conclusion
The NASDAQ is at a critical juncture, with potential for both significant upside and downside moves:
For Buyers: Watch for a breakout above 21682.5 for potential continuation into the supply zone and beyond.
For Sellers: Monitor for a break below the ascending trendline and 21481 for potential downside momentum.
Stay cautious, and trade strategically based on key levels. 🚀
Weekly Forecast 1/21/25-1/24/25Disclaimer:
I trade ICT and use ICT terminology in my analysis.
Nothing in the market is certain; this is what I would like to see price action playout this week.
This is not financial advice.
The forecast is written on the chart.
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