NQ Range (04-24-25)NAZ is mid range of the insignificant churn zone. Rejected yesterday at ML (rejection zone) 19,150. This chart will through Monday close and will we see some off session magic tricks (or not) with the Friday-Monday Long only move. That magic trick will set up the Short at KL 20,250. This is assuming
NQ1 - Breakout!The gap has proved to be a Breakaway Gap.
And now after a cause building descending channel (Wyckoff Creek), this looks like a full breakout.
Pushing through resistance here with some minor degree re-tests.
Might yet have a more significant but minor pull back before fully breaking through.
But
How low will we go :)Market Outlook: How Low Can It Go? 🚨
As the market faces increasing uncertainty, with trade wars, inflation concerns, and even talks of war looming, many are wondering just how low the market can go. Looking at the long-term weekly chart of the NASDAQ 100, we can draw several important insights. 📉
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NQ Range (04-21-25)Sell in May should NAZ float back up or, Buy in May should it drop from here. The Buy in May would be near lower range or 17,000-500. Yellow Zone to left is the 10-15 minute "insider trading" move that was needed to get the NAZ away from the Danger Zone of death. Not much doing since so expect more
NQ Range (04-23-25)NAZ "Triangle of Churn", all Overnight with some Reg Session today. Seems more like knee jerk strength in low volume (or zero volume) zones. The U Turn off 17,750 was #39 or 40 since 1/22. The 2 Blue lines (upper) 2025 open price and (lower) 2024's. Danger Zones avoided, again (dash line channel bel
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Step By Step Process:
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for E-mini Nasdaq-100 Futures (Dec 2015) is Dec 18, 2015.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell E-mini Nasdaq-100 Futures (Dec 2015) before Dec 18, 2015.