MNQ1! trade ideas
NQ Counter TrendUsing news as smokescreen to take out buystops. Risk minimized and partials taken. Sellstops taken, entry at FVG targeting low hanging fruit. Buystops ultimate target. Risk Free-now
Looking for bearish movements on NQWeekly bearish direction
Daily bearish direction
4hr bearish direction
All happening at a key level
NQ Power Range Report with FIB Ext - 1/8/2025 SessionCME_MINI:NQH2025
- PR High: 21395.75
- PR Low: 21344.50
- NZ Spread: 114.5
Key scheduled economic events:
08:15 | ADP Nonfarm Employment Change
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
14:00 | FOMC Meeting Minutes
Rotation short off 21900 inventory
- Holding auction at previous session close
- Back below daily Keltner average cloud
Session Open Stats (As of 12:25 AM 1/8)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 382.42
- Volume: 26K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -4.6% (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
NQ1! Outlook / 08-01-2025Demand zone has been rejected beautifully, looking for longs now going back in to the high volume imbalances.
Nq short trading plan for jan 8so far we we have confirmed downtrend in nasdaq by force selling from last two trading days my idea for short trading in NQ/MNQ target sell area from 21487-97 targeting 21020 area CME_MINI:MNQ1!
Elliott Wave View: Nasdaq (NQ) Looking for Further Correction LoShort Term Elliott Wave view in Nasdaq (NQ) suggests rally to 22454.7 ended wave ((3)). Pullback in wave ((4)) is now in progress as a zigzag Elliott Wave structure. Down from wave ((3)), wave 1 ended at 22206 and rally in wave 2 ended at 22387.75. The Index resumed lower in wave 3 towards 21311 and rally in wave 4 ended at 21697.75. Final leg wave 5 lower ended at 21006.5 which completed wave (A). Rally in wave (B) unfolded as a zigzag structure. Up from wave (A), wave A ended at 21812.25 and wave B ended at 21476.75. Wave C higher ended at 22111.25 which completed wave (B) in higher degree.
The Index has turned lower in wave (C). Down from wave (B), wave ((i)) ended at 21870.25 and wave ((ii)) ended at 22076.25. Wave ((iii)) lower ended at 21253 and rally in wave ((iv)) ended at 21571. Wave ((v)) lower ended at 21121.75 which completed wave 1 in higher degree. Rally in wave 2 unfolded as an expanded flat where wave ((a)) ended at 21490.5 and wave ((b)) ended at 20983.75. Wave ((c)) higher ended at 21896.75 which completed wave 2 in higher degree. The Index then turns lower again in wave 3. Near term, as far as pivot at 22454.77 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.
Nas100 Market Performance and Direction (updated) Tuesday: Intra Day Market Update
Nas100 so far has had a range of 600 +- point.
Currently below our beginning opening price.
Bouncing off *Resistance Zone 1.
________
Previous Outlook:
Market Anticipated Performance:
- The Markets will Range till after the Inauguration and after earnings report.
- My bias is a range of 1,300 +- points , from 20,800 +- to 22,100.
________
Weekly Bias:
Price peaking at 22,425 +- (ATH's), has retraced and seems to be ranging; within previous bias.
Caution: Even though Weekly Trend is Bullish, lower timeframes like the Daily look bearish.
Daily Bias:
Currently the market is creating Lower High's - However, it created near equal Lower Lows, indicating a Strong level of support.
Current price action indicates a continuation to *Support 0. With a possible drop to *Resistance 1 (20,670 +-)
Hourly Bias:
Hourly bias is bearish; confirming Daily bias and direction.
5 Minutes Bias:
Current price action suggest a recovery from Tuesday's drop (9:50 PM EST).
____________
*** I remain with my previous bias for the week.
Market Anticipated Performance:
- The Markets will Range till after the Inauguration and after earnings report.
- My bias is a range of 1,300 +- points , from 20,800 +- to 22,100.
Considerations:
- Presidential inauguration, 01/20
- Earnings Reports, 01/20
- Red Folder News, 01/07 till *ongoing.
_____________
How to Trade for Week of 01/06/24 - 01/10/25:
- I am looking for price to retrace to *Area of Support 0. Where I look for a continuation down or a reversal.
- Zone to Zone and pattern trading till 01/20
Analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower due to disappointment following Nvidia's new product announcement. On the daily chart, the MACD failed to converge with the Signal line, turning downward, and strong selling pressure emerged. If the weekly chart shows a candle with an upper wick breaking below the 10-day moving average, a dead cross on the MACD is likely. On the daily chart, the index has found support twice at the 60-day moving average. However, if it breaks below this level during the current selling wave, there’s potential for further declines toward the monthly 5-day moving average at 20,880.
The 240-minute chart has triggered a sell signal around the MACD zero line, indicating the possibility of steep declines if selling continues. The Nasdaq is currently forming a pattern of lower highs, favoring sell-side strategies. However, with Friday's non-farm payroll data approaching, pre-market movement may remain range-bound.
Oil
Oil closed higher, finding support at the 5-day moving average. Although it hasn’t pulled back to the 3-week moving average on the weekly chart, continued gains this week could result in a candlestick pattern that reflects support at this level. Strong buying momentum persists on the daily chart, making buy-side strategies advantageous. Selling opportunities may arise if oil challenges the previous high at $76.
The steep divergence between current prices and daily moving averages suggests the need for some price or time correction to bring the moving averages closer. On the 240-minute chart, a sell signal emerged but was followed by a short-term rebound. Given the divergence and angles of the MACD and Signal lines, an immediate breakout to the upside seems unlikely. If prices rise but the MACD fails to form a golden cross, a pullback is likely. Avoid chasing the rally; instead, focus on buying dips at key levels and selling at highs.
Gold
Gold closed higher with an upper wick, showing significant volatility following economic data releases. On the daily chart, gold continues to consolidate within a range. As Friday’s non-farm payroll data approaches, further consolidation is likely, so avoid chasing buying at highs or selling at lows. The MACD and Signal lines on the daily chart show minimal divergence, indicating a range-bound movement.
On the 240-minute chart, another buy signal has appeared, but given the upcoming data releases, it’s more practical to approach this as part of a range-bound strategy rather than expecting a breakout. Exercise caution and focus on range-trading until clearer trends emerge.
■Pre-Market Trading Strategies
Nasdaq - Range-bound Market
-Buy Levels: 21,280 / 21,230 / 21,160 / 21,060 / 20,990
-Sell Levels: 21,450 / 21,505 / 21,555 / 21,600 / 21,680
Oil - Bullish Market
-Buy Levels: 74.20 / 73.80 / 73.10 / 72.70
-Sell Levels: 74.90 / 75.40 / 76.40 / 77.20
Gold - Range-bound Market
-Buy Levels: 2,659 / 2,654 / 2,649 / 2,644 / 2,635
-Sell Levels: 2,669 / 2,676 / 2,681
These strategies are applicable only during pre-market hours, with profit-taking and stop-loss levels set as follows: Nasdaq: 15 points, Oil and Gold: 15–20 ticks.
Trade successfully while keeping an eye on market indicators!
NAS 100 LongApproaching the lower bound of its daily volatility adjusted trading range. VIX remains under 19, macro continues to indicate accelerating inflation and growth as the commodity complex shows several recent changes in trend such as oil from bearish to bullish. In any case based on these factors along with the technicals and wave pattern this appears a decent point to take a long position in anticipation of new highs to come.
NQ LongWe are in a Bullish Weekly Profile with FOMC and unemployment news release on Wednesday
Monday made a high, Tuesday took out the Lows, Wednesday should now reclaim the high printed by Monday with News pushing prices higher.
Price has reacted off the 4H OB
5m timeframe now needs to make a CISD as we've already got a Breaker Block formed on the LTF.
Targets are Monday High.
| NASDAQ | Weekly outlook for NFP week.This week is active in terms of volatility, with JOLTS today at 10 AM, Unemployment Claims + FOMC tomorrow, and NFP on Friday.
The price shows a Market Maker Buy model framework on the daily chart, combined with a weekly distribution framework.
I would like to see a run at the liquidity generated by yesterday's economic news driver, although there is SMT divergence with ES! so it might not happen.
My ultimate target for the coming weeks is to visit the all-time high (ATH).
In the short term, the targets are yesterday's high and the high of the original consolidation of the MMBM framework on the daily chart.
NQ1! Day Trade 01/07/25NQ1! Day Trade 01/07/25
📈 22106
📉 21417
1/2 way mark 📈 21934.25 & 📉 21589.5
Like and share for more daily 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.*
NQ Weekly Price ActionMassive Trend Line Broken and Closed on Weekly,
Looking for Heavy Crash Patterns in the Next Few Months,
Target Marked Below,
Good Luck.
BULLISH CONTEXTThe market is trading high
we have a MSS after trading in a 4H BISI and creatinn new order flow leg higher
Nasdaq Futures: Neutral Day or Breakout Ahead? Key SetupsIn today’s analysis of Nasdaq futures (Tuesday, January 7, 2025), we explore key price levels and potential strategies for both longs and shorts. The market remains in a range with important liquidity zones, but upcoming news could lead to significant moves.
📈 Long Opportunities: Watch for setups around 21,780 or retracements to 21,560, targeting 21,900 and 22,100.
📉 Short Setups: Focus on entries near 21,800 or 21,900, aiming for moves toward 21,650 and 21,560.
📊 Market Insights: Stay alert for key economic news at 10:00 AM (NY time), which may drive the price out of the current range.
Let us know in the comments if you’d like analysis on other assets or swing trading strategies. Don’t miss out—this video is packed with insights to help you navigate today’s market!
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$NQ MMBMAs mentioned at the beginning of the week, our DOL targets are being hit one by one. Now, we believe the price will begin the day’s opening with a bearish correction, aiming to capture internal liquidity in the discounted region, before resuming the bullish movement in search of the next targets.
NASDAQ possible Trade opportunities So we have bullish momentum as of right now so let's see if it will continue. I have 2 set ups that could play out. I personally like to get a closure above the zone with a retest showing the new support will hold before entering a trade. This pair can sometimes just keep going with a retest later on.
MNQ - Watch yesterday's London low carefully, we should rip highYou can see this play out much better on the 1 min chart:
The long and short story is that we have liquidity sitting on top of us and the bottom of current London session.
What they'll likely do is cover the entire daily session with liquidity from where yesterday's high's going to lows left off. Take price down to to "too much of an obvious liquidity point" (equal lows). I would expect that they induce everyone to long there, sharply take everyone out, but not go into the previous London low yet. They will force people to chase the low, providing liquidity on the backside, into yesterday's London low (which is daily low also).
Since it is a Tuesday, you get your market highs/lows on Tuesday apx 70% of the time statistically.... So I would expect the market to RIP super high from there and take out all of the sandwiched liquidity that will likely be engineered from what was left over from yesterday's AM/PM sessions, and the liquidity that will be engineered today.
Look for a very strong long opportunity at the bottom of Yesterday's London session low. Should be able to take it to the high today.
NQ1! Outlook - 7-1-2024The big imbalance with lots of volume has been mitigated, I now speculate that price will drop lower in to the demand zones below before going back up again.
NQ Power Range Report with FIB Ext - 1/7/2025 SessionCME_MINI:NQH2025
- PR High: 21796.25
- PR Low: 21768.75
- NZ Spread: 61.5
Key scheduled economic events:
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
- JOLTs Job Openings
Previous session run to 21900 inventory
- Rotating inside daily Keltner average cloud below previous session close
Session Open Stats (As of 12:45 AM 1/7)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 376.77
- Volume: 27K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -4.2% (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
