E Mini Monday AnalysisThat's the analysis for today. If there are any changes, I will keep you informed.
MNQ1! trade ideas
NQ Short IdeaI'm expecting downside this as of now,. so I'm looking for short entries. I think NQ could be good if it retests this trendline it just broke below. Target would be previous supply and trendline support below.
NQ Power Range Report with FIB Ext - 6/10/2024 SessionCME_MINI:NQM2024
- PR High: 19059.75
- PR Low: 19009.00
- NZ Spread: 113.25
No key economic calendar events
Maintaining ATH range set prev week
- Edging near Friday's close
Evening Stats (As of 12:35 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 236.27
- Volume: 17K
- Open Int: 242K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- 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
6/9 | $NQSimilarly to ES, we have potential downside risk from TVC:DXY analysis. This is my main trading ticker so I will dive a bit deeper in this.
From the May 31 low, I dont think we have put in a high yet. However, we may see some short term downside. Depending on how price structure looks, it will help confirm direction. However, this move looks constructive so far and I would anticipate any serious dips are still buying opportunities. Particularly interested between 18791 and 18875 creating demand.
Market Forecasting of NasdaqThis is not a financial advice or a suggestion to take a trade. But rather a personnal opinion about the Nasdaq Index. In fact the previous week was a bullish one , thus we expect that the next week will also be a bullish one.
A PLAYBOOK SETUP FOR NASDAQ We can expect a Head and Shoulder pattern formation at 19,100 and a Sell off to 18700.
NASDAQ Weekly analysisThis is the Expected move on NASDAQ this week and then we will find our buying opportunities once we are respected
20240607 NQI anticipate more downside. Opening range is to show if there will be any retracement to the upside before the main move to the downside. AMS SB is the time range to look for the framing short setup. DOL is D VI to the downside.
NQ expectation for the month of June.We already finish the first week of June where distribution took place and a retracement or consolidation old come in and take price to the 2.0 and 2.5 STDV level where reversal cold be expect it.
NQ - trading session no.204:00pm - 5:00pm
veri gud trading session today
- dont take dumb trades (crazy advice)
- focus on pullback entries when its not choppy!
- work on your SL placement
PnL: +1 RR (possible +2 RR?)
UpdatedHi folks. Try to find a gap an sell. We take the all time high and we acumulate a lot from buysideliquidity.
NFPThis is the analysis for today. Be careful that at 08:30 we have NFP. The ugliest news on the stock market. Be careful that we may not have a trade today.
NQ Power Range Report with FIB Ext - 6/7/2024 SessionCME_MINI:NQM2024
- PR High: 19081.25
- PR Low: 19058.25
- NZ Spread: 51.5
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
AMP temp margins increase for jobs numbers vol expectations
- Holding value near ATH inside prev session range
- Holding just above Wed high
Evening Stats (As of 2:15 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 238.15
- Volume: 17K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- 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
Path Ideas for NQNQ showed a little bit of weakness today after a big rally yesterday. It is back below a resistance level I have, but has also broken out of a bull flag. I expect it to bounce on a retest, but I think it can still go either way after that.
NQ - trading session no.194:00pm - 5:00pm
some good, some bad and one missed trade
gotta lock in and conccentrate
PnL: -1 RR
#Nasdaq Futures - 2 Paths depending on Unemployment Report *SMC*SMC = Smart Money Concepts - Find related Posts that provide explaination on how SMC highlights price action and how to predict what could happen in the market
This is in preparation for Thursday June 6 market.
As the Asian Market continues overnight. Its seems that there will be a slight decline. This decline will fall into a 4 hour Fair Value Gap (FVG) Designated by the large green box between the prices of 19028.25 - 19072.00. As it approaches the median of that 4HR FVG, there is also a 1 hour FVG Between 19043.75 - 19050.75. Smart money concepts sugggest that these fair value gaps will get filled with price action whichc is why I am suggesting the small decline during the asian market.
When the London market opens, we should see the price enter thes price zones mentioned above and possibly make a positive direction for a slowing until the Unemploymnt Claims Report is released. Considering the Unemployment Report is lagging, we may not see a large run but it should run the direction reflective of the report. However, the ADP report came out with a lot of losses and we saw major gains. So if the unemplyment claims are lagging, we could see another rise and a rise above the next liquidity point at 19108 from around 19050-19044.
If we were t o see a decline, I believe we would still see a run up from the area mention ed above as a "fake out" to make retail traders chase the price up and then it will hit the price of 19072 (top of the 4 hour FVG) and then start falling to fill in the rest of the FVG (19028) AND COULD CONTINUE LOWER... into the next fair value gap found in the 15 minute chart at 18950.25.
The only issue with it dropping is that it will encounter a Breaker along the way (Designated by the Blue Box - 19007.00 - 19024.50) Price may struggle through breaking below the low. If anything it may hit the median and start to stagnate before starting to move back up.
So in conclusion I've givent two road maps depensing on the data that comes out tomorrow
Personally, I have a feeling we'll see a bullish run with a laggin indicator with the Unemplyment claims hopfully breaking the new high.
Smart Money Ideas Previously Posted
Let me know your thoughts, good luck and good trading
