nq shortHead & shoulders formed at this top area, should be a good scalp down to the shown price and then ride the wave up for a double bottom up run.
NQ1! trade ideas
MNQU2024 Demand Zone for Limit EntryThis a zone of more willing buyers than sellers followed by an explosive rally. I am predicting price will pullback and bounce from this area in green. I set up two targets (a 1:1 & 5:1 Reward to Risk ratio), a buy limit entry price, and stop loss to set rules in place for the trade.
MNQ - today's trade set upalready made the day's wage but wanted to see how the rest of the day plays out on this daily to 15min local levels of interests
NQ Main ObjectiveDidn't participate yet as price did not drop low enough for an entry for me personally, however, there's a chance it drops into a 1H BISI and continues higher targeting that High Annotated. Though that doesn't NEED to happen, just something I'm looking for which will allow me to enter
A new dayConsidering that on the daily we took 2 important sellside, today we will be bullish. I think we will be bullish until we reach 50% of the daily gap that was formed following the drastic market downturn.
NQ Power Range Report with FIB Ext - 7/23/2024 SessionCME_MINI:NQU2024
- PR High: 19998.25
- PR Low: 19973.00
- NZ Spread: 56.25
Key economic calendar event
10:00 | Existing Home Sales
Inventory response back to 20000 value area
Evening Stats (As of 10:25 PM 7/22)
- Weekend Gap: +0.25% (open > 19707)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 298.08
- Volume: 19K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -5.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18675
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
Buyside taken, sellside pendingYou can see price taking out significant buyside liquidity with sellside being built up. It shouldn't take too long to start digging into the trendline.
Buyers have returnedBuyers have returned in the S&P 500 on Monday or is this a short covering rally. If buyers are present, look for follow-through to the upside on Tuesday.
OHLC Stat Map + Average Range Levels Cooked-Manipulation was broken and turned from resistance to support target was simple 1/3AWR+
20240719 NQI anticipate one more ss raid and TGIF during the last hour 3 to 4pm. The upside move with bs raid into the NWOG seems to be very reasonable for the TGIF narrative.
UpdatedI'm back. Given that the DXY is very bullish, it looks like we will be bearish today and that's what I will be watching. I will wait for it to take the buyside and make mss to look for a sell entry.
Nasdaq Monday ObjectivePrevious posts timing was inaccurate, however everything else remains the same other than the timing I still need work and experience in that. Today(Monday) Should draw towards the first Objective/Thursdays High.
No news today.Looks like we are bullish today. I've got the important sellside on the daily. I will keep you updated in case anything changes.
NQ1! SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
NQ1! pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 20,320.25 area.
✅LIKE AND COMMENT MY IDEAS✅
NASDAQ**NASDAQ:**
This week's forecast is for the price to fall to the bottom of the channel and then reverse the trend.
MNQ - monthly outlook from a 15min timeframeThis should be interesting to watch.
notify me when the monthly range breaks haha
Nasdaq Monthly Sell Set up ConfirmedHere I like this reversal shooting star candle on a monthly time frame where it confirmed a sell set up as of July 19, 2024 close. CME_MINI:NQ1!
Could be the beginning of a nasty crash; Black Swan Event.
Or a retracement before we continue on this bull run.
We shall see...
NQ Power Range Report with FIB Ext - 7/22/2024 SessionCME_MINI:NQU2024
- PR High: 19794.75
- PR Low: 19727.25
- NZ Spread: 150.75
No key scheduled economic events
Declining further from ATH
- Below daily 20-32 Keltner avgs
Evening Stats (As of 11:05 PM 7/21)
- Weekend Gap: +0.25% (open > 19707)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 300.89
- Volume: 43K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -5.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18675
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
MNQ! LongI am looking at a potential Long position right now with Micro NASDAQ100. It is at a higher low on our 4 hour chart.
NQ stuck in this 1HR trend, is that resistance I see?NQ hitting resistance in this short term downtrend.
As long as this next hour candle is red, we are going down...
NQ - Is this the bounce?Could this be the level that we retrace back up to $20,600-$20,700 levels, before we head lower?
This could be an interesting week ahead with the latest election news drop coming out of USA.
CME_MINI:NQ1!
