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NQ1! trade ideas

NQ - Wednesday FrameworkLast week NQ ran out its external range high. Tuesday ran out Monday (check 4h) high and low and closed bearish. On the 4h and 1h, we have a cisd to the downside. Paired with ES smt at the highs (check 1h). Measure the manipulation leg on the 1h for STD extensions and targets align with daily fvg. This is giving me evidence of a possible short term retracement delivery cycle in price. We could see Wednesday offer a continuation lower. What I would need to see to confirm shorts: If Asia and London initially trade higher above new day and midnight opening price, then the intraday framework is setting up for a classic sell day. This is ideal for shorts. Either NY Continuation or NY Reversal daily profile is what I'm hunting. I need to see a 15m cisd. That would confirm the daily profile. If Asia and London trade lower first, then conditions are not ideal for intraday framework I'm looking for and need to be cautious of shorts. If Asia and London consolidate, then I will wait for the external range to be swept during NY session. A 15m cisd will confirm direction after sweep on liquidity and I will target opposing liquidity. If 4h fvg is closed though, that confirms ifvg and shorts will no longer be consider.
CME_MINI:NQ1!Short
by CEOTraders
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed flat with a doji candle, facing resistance at previous highs. As mentioned yesterday, there was a possibility of a pullback to the 5-day moving average, and while the market did not fully correct to that level, it did consolidate and pull the 5-day MA higher, suggesting a preparatory phase for further upside. On the daily chart, the MACD and signal line remain upward-facing, indicating that buying dips remains the preferred strategy. However, since trading volume remains relatively low and market flows appear mixed, it is advisable to take profits quickly when buying dips rather than holding for extended gains. On the 240-minute chart, a sell signal has appeared at the highs, meaning that a pullback toward the upper boundary of the previous range is possible. Given the doji candle on the daily chart, traders should be cautious about chasing longs in the pre-market session. If the MACD turns downward, selling pressure could intensify. That said, the MACD and signal line remain well above the zero line, suggesting that rebound attempts are likely. While the sell signal remains active, short positions should be managed with strict stop-loss levels. Tonight, the FOMC meeting minutes will be released, so be mindful of potential volatility during the regular session and after-hours trading. Crude Oil Crude oil closed higher, testing $72 as resistance while forming a potential double-bottom pattern. The MACD on the daily chart is approaching a key decision point, where it will either bullishly cross above the signal line or turn lower again, determining the next directional move. Since the signal line is near the zero level, the next buy or sell signal is likely to trigger a significant price move. Additionally, the ongoing Ukraine-Russia peace negotiations remain a key geopolitical risk factor, as any developments could lead to increased oil price volatility. From a technical perspective, oil remains within a range-bound structure, making buying dips the most effective approach. A break below $70 would be a bearish signal, while sustained movement above $72 could confirm a breakout. On the 240-minute chart, the MACD has moved above the zero line, lifting the signal line upward. While a short-term pullback is possible, as long as the MACD does not form a bearish crossover, buying pressure could strengthen further. Gold Gold closed higher, rebounding from previous levels. Yesterday’s price action confirmed that the MACD used the signal line as support and turned higher, reinforcing the bullish trend. Since the MACD has not yet crossed below the signal line, the daily chart remains in a buy-biased structure, meaning that until a confirmed bearish crossover occurs, the market should still be approached with a buy-on-dip mindset. However, if gold moves above its previous high but the MACD fails to exceed its previous peak, a bearish divergence could form, increasing the risk of a sharp correction. Traders should remain aware of this scenario and avoid chasing long positions at elevated levels. On the 240-minute chart, the MACD has crossed above the signal line near the zero level, generating a strong upward wave. However, the market is approaching key resistance zones, and if another rally occurs, a bearish divergence could develop, reinforcing the need for cautious positioning. Buying at major support levels remains the safest strategy, while avoiding breakout trades is advisable. With the FOMC meeting minutes set for release tonight, overnight positions in gold should be managed carefully due to the potential for increased volatility. Despite high market volatility, trends remain clear across different asset classes, making trading conditions manageable. Instead of attempting countertrend trades, focus on following the prevailing trend and capitalizing on structured setups.Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Short
by Futureguard
MNQ Buy Idea 2.18.2025Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:MNQH2025Long
by BDripTradess
2025-02-18 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well. comment: Bears started the day very bearish and printed decent bear bars down to 22200 but bears failed to find sellers below 22130 and we went sideways 22100-22200 until we saw bigger buying coming through again and bears gave up late into the day. Bulls closed it between Friday’s close and today’s open, so the day was neutral as can be. Bears failed to get down to 22k which is my line in the sand for them. We have to expect higher prices, given that this was a shallow sideways correction on the daily chart. current market cycle: trading range key levels: 22100 - 22500 bull case: Bulls happily buying every dip and bears could not even touch the breakout price of 22094 (January high). Can only see today’s price action as bullish and on the 4h chart it’s a two-legged pullback to the 20ema with a decent buy signal bar now. Longs with stop 22090 are reasonable for target 22450+. Invalidation is below 21900. bear case: Bears tried an failed. They made some points and then covered as bigger buying came late in the day. They need a strong 1h bar close below 22k to turn this neutral again. For now they can only hope to sell new highs and scalp some points. Most bears wait for 22450ish and if we find more sellers there. Invalidation is above 22150. short term: Bullish. Below 22k that changes but for now you can buy every good bullish signal bar after a dip. medium-long term - Update from 2024-02-16: Bulls are on their way of making a new ath again. So no bearish thoughts until market character changes dramatically again. I can see this going up to 23000 but not beyond. No bigger opinion on a medium-term outlook for this. trade of the day: Very good bearish signal bar going into US open and then follow-through to 22200. Market then printed bar 36 + 37 and the big tails below was a good sign to be cautious with shorts because we are finding more buyers in that area, so the downside might probably be limited. Market then went sideways until we made a lower low major trend reversal with bar 53 + 54. 55 was the bar to go long on but could also have waited for bar 56. This has now also build a head & shoulders bottom and a measured move brings us above 22300 again.
CME_MINI:MNQ1!Long
by priceactiontds
2
Supertrend Indicator: a simple yet powerful tool for trendsThe Supertrend Indicator is a widely used tool among traders to identify the prevailing trend and generate buy/sell signals based on market momentum. It works by calculating a dynamic support and resistance level using the Average True Range (ATR) to adjust for market volatility. The indicator plots a line above or below the price, acting as a trailing stop-loss. When the price crosses above the Supertrend line, it turns green, signaling a potential buy opportunity. When the price crosses below the Supertrend line, it turns red, indicating a potential sell signal. Why Use Supertrend? - Easy to interpret for both beginner and experienced traders. - The ATR-based calculation ensures that stop levels adjust dynamically. - Whether you trade stocks, forex, or crypto, Supertrend can enhance your strategy. Best Practices: ✔ Combine Supertrend with indicators like RSI or MACD for better confirmation. ✔ Adjust the ATR period and Multiplier to optimize it for different markets. ✔ Avoid false signals by using it in trending markets, as it may be less effective in sideways price action.
CME_MINI:NQ1!
by SmartSignalss
Journey to 53K: Final Attempt at MNQ EntryForex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:MNQH2025Long
by BDripTradess
MNQ BUY with Current thoughts on losses 2.18.25Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:MNQH2025Long
by BDripTradess
MNQ Losses Due to Fomo and not being PatientForex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:MNQH2025
by BDripTradess
Journey to 53K: Mark up MNQ with me! 2.18.25Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:MNQH2025Long
by BDripTradess
MNQ ATH is comingThe ATH is my weekly DOL, and the price has reached the IRL daily IFVG. The price also closed above the previous daily candle, so I anticipate that it will reach PDH. However, I am waiting for the LDN session for confirmation. On the Weekly TF, I want to see the 75% of the weekly wick and 50% of the daily wick act as resistance. Since the weekly DOL is the ATH, I anticipate manipulation before price hits the ATH, possibly retracing back to the D BISI nested within the daily BKR. My plan is to position myself within the weekly wick for the best setup.
CME_MINI:MNQ1!Long
by YoloVanCoin
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq rose within a small range, forming a box consolidation pattern. On the daily chart, buying pressure remains strong, and today’s candlestick will merge with yesterday’s due to the holiday. As mentioned previously, today is a key session where the 5-day moving average may provide support, meaning a pullback to this level is possible. Since yesterday’s high remained in a consolidation phase, the pre-market and regular session today could see some downside movement. The reason is that the market has yet to test a key level, which increases the likelihood of a short-term pullback. On the 240-minute chart, the buy signal remains intact, but low-volume choppy price action persists. If a sell signal emerges on the 240-minute chart, the Nasdaq could correct down to the 5-day MA, making this a key area to consider buying dips. Since today’s candle will be a combined session with yesterday, traders should expect price swings that normally unfold in one day to play out over two sessions. Crude Oil Crude oil closed higher within a neutral range, forming a bullish daily candle. The key focus now is whether oil can sustain its double-bottom structure, leading to further upside. For the MACD and signal line to maintain a sell signal on the daily chart, oil must break decisively below $70 by the daily close. If this does not happen, a double-bottom reversal could trigger a rebound, meaning traders should be cautious with short positions. On the 240-minute chart, a buy signal has appeared, following a false breakdown and a potential double-bottom formation. If holding short positions, be aware of the risk of a sudden price surge. With ongoing Ukraine-Russia peace negotiations, oil volatility could increase, so traders should remain cautious. A break above $72 would be a bullish confirmation, while a failure to hold $70 support could lead to another leg down. Risk management is crucial. Gold Gold rebounded on the daily chart, closing higher. The MACD has not yet crossed below the signal line, meaning that the market remains in a buy-biased structure, increasing the likelihood of continued upside. While buying dips remains the preferred strategy, gold has already tested the 3-day and 5-day moving averages, meaning traders should now focus on lower time frames for entry confirmation. If gold continues to rise today and breaks above the 3-day and 5-day moving averages, the MACD could turn higher again, confirming that the buy trend remains intact. However, if gold declines and the MACD forms a bearish crossover, traders should prepare for a potential move down toward the 20-day moving average, adjusting their strategy accordingly. On the 240-minute chart, the MACD has dropped below the zero line, but the signal line remains above zero, suggesting that rebound attempts are likely. However, since the MACD’s downward slope is steep, a quick bullish crossover is unlikely. Even if gold rises, it may face resistance and pull back again, meaning traders should avoid chasing breakouts. If the signal line falls below zero, this would be a bearish confirmation, making it safer to trade within a range—selling near highs and buying at lower support levels. Given yesterday’s holiday, today could see increased volatility as markets adjust. Additionally, Wednesday’s FOMC meeting minutes release is expected to introduce further market swings. Risk management is key—stay disciplined, and have a successful trading day! 🚀 If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
Understanding market structure: Trend reversals & price actionIn this chart, we can observe how price action follows a structured pattern of trends, reversals, and breakouts. The market moves in cycles, creating bearish and bullish trends that traders can capitalize on by identifying key areas of support and resistance. At the beginning of the chart, we see a bearish trend, characterized by lower highs (LHs) and lower lows (LLs). This structure indicates that sellers are in control, pushing the price lower with each attempt to rise. The price remains within a descending channel, offering multiple sell opportunities at resistance levels. Traders following this trend can look for short entries at each lower high. The first major shift occurs when the price breaks above resistance, marking a potential trend reversal. This breakout signals that buyers are stepping in, disrupting the bearish pattern. Once a previous resistance level turns into support, it confirms a shift from a downtrend to an uptrend. In the next phase, we see the emergence of a bullish trend, where the price begins forming higher highs (HHs) and higher lows (HLs). This structure confirms that buyers are now in control, pushing the market upward. The price moves within a new ascending channel, and pullbacks to support provide buy opportunities for traders looking to ride the uptrend. Finally, another major shift occurs when the price breaks below a key support level. This break signifies a possible trend change, where buyers lose control and sellers regain momentum. Traders need to watch for confirmation before entering new positions, as this could mark the start of another downtrend.
CME_MINI:NQ1!
by SmartSignalss
How do Bollinger Bands work?Bollinger Bands are a technical indicator used to measure market volatility and identify overbought or oversold conditions. They consist of three bands: - Middle Band – A 20-period Simple Moving Average (SMA). - Upper Band – SMA + 2 standard deviations (indicates overbought). - Lower Band – SMA - 2 standard deviations (indicates oversold). Key Strategies: - Overbought/Oversold: Price near the upper band may indicate a reversal down, while price near the lower band suggests a potential bounce. - Bollinger Squeeze: When bands tighten, low volatility signals a possible breakout. - Trend Confirmation: In strong uptrends, price tends to "walk the band" near the upper side. Trade Example: - Buy when price bounces off the lower band with confirmation - Sell when price touches the upper band with bearish signals. - Stop loss: Just below the lower band in a long trade. Always combine Bollinger Bands with volume, RSI, or MACD for better accuracy!
CME_MINI:NQ1!
by SmartSignalss