NQ is closing in on cycle top - 22KBased on time fib and Feigenbaum projections the swing predictions seems pretty accurate. Comments in chart.
Would line up with projection on Daily TF since March 24, with expected top around 22K.
NQ1! trade ideas
NQ Power Range Report with FIB Ext - 12/19/2024 SessionCME_MINI:NQH2025
- PR High: 21546.50
- PR Low: 21453.75
- NZ Spread: 207.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
GDP
Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
FOMC driven 960+ point value decline
- Return to daily Keltner avg cloud
- Auctioning between pivots from Nov 11 & Nov 25
Session Open Stats (As of 12:45 AM 12/19)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 338.33
- Volume: 50K
- Open Int: 226K
- Trend Grade: Bull
- From BA ATH: -4.4% (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 Bounce or Break? 21340 Becomes the BattlegroundNasdaq futures may have seen an ugly decline following the Fed’s rate decision but it’s noteworthy the price remained respectful of technical levels, bouncing off 21340.75 at the height of the carnage.
It’s far too early to call a bottom, especially with momentum indicators mixed: MACD has crossed over from above, generating a bearish signal, but the long-running uptrend in RSI (14) remains intact. Therefore, rather than trying to anticipate directional risks based on thin volumes going through in Asian trade, I’d much rather see how the price action evolves into Europe and US.
If the price tests and holds again 21340.75, longs could be established above the level with a stop beneath for protection. Apart from a minor level at 21608, there’s little visual resistance until the record highs.
Alternatively, if the price breaks 21340.75 and cannot reverse back higher, you could flip the setup around, selling beneath the level with a stop above for protection. 20984 and important 50-day moving average are nearby levels of note, with a break of the latter opening the possibility of a deeper flush towards 20400.
More broadly, for the carnage witnessed following the Fed, its updated rate projections were not significantly different to what traders were anticipating before the event. And when you step back and look at where markets see the funds rate bottoming this cycle, it’s around 70bps higher than where the Fed’s dot plot indicated.
What the Fed signalled was a slower pace of cuts, not a large reduction in cuts. One 25bps move was removed from the profile by the end of 2027. That’s it. Based on the market reaction, you’d think multiple cuts were removed!
That makes me think the move was more about market positioning rather than a truly monumental hawkish shift, making me question how long the rout can be sustained when that reality sets in.
NQ1 Futures: Targeting Liquidity Zones After FVG FillIdea Overview:
The market has completed a Fair Value Gap (FVG) fill on the 4-hour chart, signaling a potential opportunity to go long, aligned with the primary bullish trend on the daily timeframe. Our strategy focuses on targeting the previous resistance level as the initial objective, followed by a slightly higher zone where future liquidity may reside before a potential trend reversal.
Strategy Details:
Primary Trend: The daily timeframe confirms a bullish trend, supporting long positions.
Fair Value Gap (FVG): The 4-hour FVG provides an optimal entry zone, pending momentum confirmation.
Initial Target: The nearest prior resistance level is identified as the first take-profit area.
Extended Target: A liquidity-rich zone slightly above the resistance, anticipating price action to absorb liquidity before any significant reversal.
Key Notes:
Momentum Confirmation: Wait for clear momentum signals before entering.
Risk Management: Place stop-losses strategically below the FVG zone or recent swing lows.
Confluence: Monitor volume and market sentiment for additional validation.
Let’s discuss this idea and refine it further together—share your insights below!
ICT Weekly Range Profiles - *Early* Classic Mon High of the WeekNews from Oct 19, 2020
"Stock market live Monday: Dow sheds 400 points, stimulus concerns, Covid-19 cases hit 40 million" - CNBC
www.cnbc.com
"Stock market news live updates: Wall Street slumps on fading pre-election stimulus hopes, Dow has worst day in nearly a month" - Yahoo Finance
finance.yahoo.com
ICT Weekly Range Profiles - Wednesday Weekly Reversal (Bullish)Profile: Bullish
Classic Wednesday Weekly Reversal
Note
Also used this as the 2/3 answers for Homework #1: Find 3 examples of 0 GMT Trades
- Entry on opposite of Monday/Tuesday price action?
Bullish Inverse FVG 200+ Point TradeGovernment 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
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Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person’s investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
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Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market makes a “limit move.” The placement of contingent orders by you, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
Nasdaq Futures Today: Short and Long Setups with Key LevelsExplore today's comprehensive analysis of Nasdaq futures for Wednesday, December 18, 2024. Here’s what you’ll discover:
📈 Market Overview: The Nasdaq remains bullish in higher timeframes, but corrections offer exciting opportunities.
📉 Short Setups: Key zones like 22,244 and 22,184 with targets offering 100+ points potential.
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$NQ bounceI'm looking for SEED_ALEXDRAYM_SHORTINTEREST2:NQ to bounce around 21850-21840.
FOMC today so be more conservative than usual.
Intraday Levels for Nasdaq 100 Futures - 12/18/2024This 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 2025 outlookAs we complete 2024 and the significant move we have experienced in the NQ this year, its time to have a look at the possible outcome for 2025. the ascending triangle suggests a topping pattern and as the Santa Claus rally completes and portfolio adjustments for year-end, I have to conclude that we will see a reasonable correction in January/February next year. I have drawn boxes to indicate my support and resistance areas. As we all have found out this year sentiment is a primary driver of markets but we are so extended and selling rallies is challenging. I don't believe in fighting the trend but look for a set-up that limits your risk, happy holidays and take care
ICT Weekly Range Profile - Classic Tuesday High of the Week Profile: Bearish
Classic Tuesday High of the Week (Bearish Weekly Profile)
NQ Power Range Report with FIB Ext - 12/18/2024 SessionCME_MINI:NQH2025
- PR High: 22309.25
- PR Low: 22206.00
- NZ Spread: 230.75
Key scheduled economic events:
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
AMP raised margins for expected FOMC volatility spikes
- Retraced 50% of Monday's ATH breakout range
- +100 point value decline at session open
- Auctioning long above previous session close
Session Open Stats (As of 12:25 AM 12/18)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 287.63
- Volume: 24K
- Open Int: 196K
- Trend Grade: Bull
- From BA ATH: -0.5% (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
how to identify where the market is going for the dayVery brief detailed video explaining how to read the direction of the market , how to identify where the market is going in the morning on New York session.
$NQ bounce I would really SEED_ALEXDRAYM_SHORTINTEREST2:NQ to drop all the way down to 21,880-21,896 for a bounce. Maybe a smaller bounce at 21,910; FOMC this week so a little less risky and a little more patient waiting for plays
Nasdaq Futures Correction? Key Zones and StrategiesGet ready to capitalize on Nasdaq futures opportunities this Tuesday, December 17, 2024! 📊 In this detailed analysis, we cover:
✅ Overall Market Trend: Nasdaq remains bullish, but could we see a correction? We highlight critical zones to watch.
📉 Short Strategies: Key areas like 22,185 with precise targets and setups for potential short entries.
📈 Long Opportunities: Scenarios for continuation, including key breakout zones and reactions in liquidity areas.
Learn how to react to price movements, identify high-probability zones, and plan your trades effectively. This video is packed with actionable strategies for both shorts and longs!
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Intraday Levels for Nasdaq 100 Futures - 12/17/2024This 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.
NQ making ATH and looking more and more Bearish by the dayJust some simple easy stuff anyone can do. Chart is pretty self explanatory, let me know if you have any questions.
NQ Power Range Report with FIB Ext - 12/17/2024 SessionCME_MINI:NQH2025
- PR High: 22412.50
- PR Low: 22376.50
- NZ Spread: 80.5
Key scheduled economic events:
08:30 | Retail Sales (Core|MoM)
ATH raised nearly 250 points
- Volume shifting into contract month H25
- Holding previous session highs
Session Open Stats (As of 12:25 AM 12/17)
- Weekend Gap: N/A
- Session Gap 12/13 +0.42% (open < 21640)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 290.00
- Volume: 14K
- Open Int: 145K
- Trend Grade: Bull
- From BA ATH: -0.2% (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
Nasdaq if fell from here, won’t stop easily Hello everyone! I am giving nasdaq last chance to make new bearish leg, we should wait for market structure shift in order to enter sell. Watch closely
NQ Bull FlagsWe saw some downside in tech and elsewhere today, pretty big hit for ADBE. Usually in this market when NQ pulls back it does not last long and we end up with a series of stair steps and bull flags moving up. Took a breather today but are still riding strong momentum.
AVGO getting a big pop after hours after earnings which led to NQ gapping up above its flag, stalling at the final resistance before ATH now. If it can clear I would expect us to hit a new ATH tomorrow and probably keep going. Might be good to look for some dip buys on a retest if that's the case. Otherwise I'd look for a bounce on the retest of the flag, if no bounce there I could see a retracement back to about 21.5k happening relatively quickly.
Nasdaq Futures Analysis: Key Levels and Strategies for New HistoStart your week with an in-depth analysis of Nasdaq futures for Monday, December 16, 2024. Here's what you'll gain:
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