NQ1! trade ideas
Short re-test and "Buy re-test" signals allow to trade the trendI am a huge fan of buying pullbacks in an uptrending market and shorting pullback in a down trending markets. This is why I always try to code algos that look for those continuation setups.
That Impulse Master Indicator haunts for those buyable and shortable setups
All my NQ!The green = more probable.
The Nasdaq is a U.S.-based stock exchange primarily known for its focus on technology and growth-oriented companies. It includes the Nasdaq Composite Index, which tracks thousands of stocks, and the Nasdaq-100 Index, which focuses on the 100 largest non-financial companies listed, predominantly in sectors like technology, biotechnology, consumer services, and telecommunications.
1. Tech-Heavy: Major companies like Apple, Microsoft, Amazon, and Tesla dominate, making it a barometer for the tech sector.
2. Economic Indicator: Nasdaq movements often reflect investor sentiment toward growth and innovation. A rise signals confidence, while a decline may indicate economic or tech sector challenges.
3. Correlation: It is closely correlated with tech trends, interest rates, and the performance of global markets.
Nasdaq Futures: Intraday Strategies and Key Levels | January 14Today’s analysis of Nasdaq futures for Tuesday, January 14, 2025, highlights key zones and strategies to navigate a potential trend reversal. With the market reacting to important support levels, we explore opportunities for both longs and shorts.
📈 Long Opportunities: Entries above 21,030 or near 20,850, with targets at 21,160 and 21,320.
📉 Short Setups: Zones like 21,060 or 21,140, aiming for moves toward 20,860 and 20,650.
📊 Market Context: We discuss how recent price action suggests a possible trend change, and key events to watch that could impact volatility.
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Nasdaq Analysis for Tuesday 25.01.14Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Monday’s Results
Chart:
Buy Perspective:
No buy entry signals were triggered.
Sell Perspective:
While there was a mention of the possibility of a breakdown below the lows, no clear sell entry signals were given.
After the breakdown, the NASDAQ dropped by approximately 180 points but eventually rebounded sharply toward the end of the session.
This suggests that observing for a day to allow for the formation of a supply zone would have been a prudent approach.
Key Points to Note
Chart:
March Futures Contract:
The price initially broke below the Ichimoku Cloud on Monday but re-entered the cloud due to Tuesday’s gap-up opening.
Key Levels:
Cloud bottom: 20980. A failure to hold this support level could have a long-term bearish impact.
Cloud top: 21216, marking an important resistance level.
Perpetual Contract Analysis
Chart:
The perpetual contract shows the price re-entered the Ichimoku Cloud after briefly touching the cloud's bottom.
A bullish candle has formed above the cloud, signaling support.
Key Levels:
Cloud entry: 21005.
Resistance at the 60 EMA: 21085.
Current Market Frame
Chart:
The NASDAQ appears to have entered either the red box or the orange box frame:
Red Box Range: 20788–19818.
Orange Box Range: 20382–21081.
Key Resistance Levels:
The 21081–21085 range represents a critical resistance zone.
A breakout above this level could signal the potential for further rebound.
Today’s Trading Strategy
Chart:
Buy Strategy:
1. Breakout Above 21088.5 (Morning High):
Rationale: This represents a breakout above both the resistance trendline starting from January 7, 2025, and the morning high.
Risk: The price could face immediate resistance at 21123, potentially reversing quickly.
2. Breakout Above 21207:
Rationale: This level marks the top of a previous supply zone following a sharp decline, making it a more conservative entry point.
Sell Strategy:
While the framing structure is complete, the market appears to be stabilizing at the bottom. For now, observing the market and avoiding sell entries is recommended.
Conclusion
The NASDAQ remains in a critical consolidation phase, with the potential for both rebounds and further declines.
For buyers, focus on breakouts above 21088.5 and 21207 for potential upside.
For sellers, it’s advisable to observe the market for clearer signals, as the recent bottoming behavior suggests limited downside in the short term.
Patience and careful observation are key in today’s session. Let’s stay disciplined and trade wisely. 🚀
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LONG NQNQ bounced on Daily though finishing with the bearish body. Anyways NQ left Daily FVG above and one more higher in the Daily premium zone.
Since yesterday NQ disrespected 1H up closed candles as resistant now I will treat this zone as support for the move higher to rebalance those Daily FVGs. As well there is unfilled regular session opening gap in the area 21192-21350.
I have to potential zones to go long based on 15M. The lower zone coincides with disrespected 1H up closed candles zone, so it would be preferable trading zone. Anyways, I will be trying to long from both zones with short stops.
NQ Power Range Report with FIB Ext - 1/14/2025 SessionCME_MINI:NQH2025
- PR High: 21088.50
- PR Low: 21011.00
- NZ Spread: 173.5
Key scheduled economic events:
08:30 | PPI
Advertising daily rotation long back above 21000
- Holding auction near Friday's close and previous session high following slight session gap
- AMP margin increase for expected economic news release vol spike
Session Open Stats (As of 12:25 AM 1/14)
- Weekend Gap: N/A
- Session Gap +0.13% (filled)
- Gap 10/30/23 +0.47%
- Session Open ATR: 377.30
- Volume: 27K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -6.3% (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 NQ Short setup target 20,677 / Puts XND target 205.18Fibonacci technical analysis: Nasdaq 100 E-mini Futures ( CME_MINI:NQ1! ) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for CME_MINI:NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677).
Nasdaq CME_MINI:NQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097)
Stop loss slightly above the 50.0% retracement Fib level (21,547.50).
Option Traders : My NASDAQ:XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85)
Stop loss slightly above the 50.0% retracement Fib level (213.19).
NQ short-term short bias from the key zones In my opinion we are going to see the bearish short term continuation to rebalance, into the black area of interest (lower quadrant of the bullish order block along with the previously formed RTH Gap, which I do not expect to see retraced considerably if we want to see the further bullish movement) around the inauguration of trump and retrace slightly by the end of the month. Further continuation is in the following months if the conditions are fulfilled. Although there can be the same fluctuation as before within the price channel in this case I would expect the same picture I drew just delayed.
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower with a lower wick, as anticipated, with a downward move at the start of the week. As mentioned, the area below 20,700 was a potential support zone for a rebound, and the market successfully bounced back. On the daily chart, the MACD and Signal lines have both dropped below the zero line, marking the first time the MACD has fallen below zero since September last year.
Yesterday’s analysis focused on trading around the 3-day moving average; today, trading at the 5-day moving average is expected. A range-bound movement between the 3-day and 5-day moving averages is likely, and if the pre-market touches the 5-day moving average first, it will provide a favorable opportunity for sell-side strategies. While it is uncertain whether the 120-day moving average will be tested for support on the downside, the MACD's dip below zero suggests the potential for accelerated selling. If an overshooting move occurs on the downside, be prepared for a possible drop to the 20,300 area.
The market may consolidate at support levels to form a base before reversing its trend. Monitoring the alignment of short-term moving averages on lower timeframes can help identify the reversal point. On the 240-minute chart, selling pressure continues, and the MACD has yet to cross the Signal line in a golden cross. A strong golden cross could trigger a sharp rebound, but if the MACD turns downward again, further declines are possible. Be prepared for both scenarios and adjust accordingly.
Oil
Crude oil closed higher, supported by potential U.S. sanctions on Russian oil exports. The price has risen to the $79 previous high level, and with the significant divergence from the 5-day moving average, corrections could occur at any time. On the monthly chart, oil has reached the upper Bollinger Band, indicating that managing risk with sell-side strategies at the highs may be more effective than chasing prices upward.
On the 240-minute chart, the RSI remains in overbought territory, suggesting that the current trend may continue. However, short sell strategies should be approached cautiously and with short timeframes. The MACD and Signal lines show significant divergence and steep angles, indicating the potential for step-like upward movements even during corrections. Focus on buying at major support levels during pullbacks, but remain cautious as sharp declines could occur unexpectedly. A conservative perspective is advised.
Gold
Gold closed lower, facing resistance from selling pressure driven by rising Treasury yields. On the weekly chart, the MACD has turned downward, signaling stronger selling pressure. The daily chart shows the MACD above the zero line, but the Signal line has yet to cross above zero, suggesting a consolidation phase as the MACD moves closer to the Signal line. This places gold in a broad range-bound scenario.
Ahead of today’s PPI and tomorrow’s CPI releases, gold is expected to trade sideways. On the 240-minute chart, a sell signal has appeared, but with the MACD and Signal lines above zero and diverging, sharp declines are less likely. Instead, support and consolidation around the 2,680 level are more probable. Focus on range-trading strategies, and exercise caution around the PPI release.
Market Conditions
The market is currently unsettled due to corrections in big tech stocks, Trump’s inauguration, and declines in quantum computing-related stocks. The VIX index is also showing a sharp upward trend, indicating heightened volatility. Be mindful of risk management under these conditions, and have a successful trading day!
■Trading Strategies for Today
Nasdaq - Bearish Market
-Buy Levels: 20,990 / 20,890 / 20,840 / 20,740
-Sell Levels: 21,160 / 21,200 / 21,300 / 21,350
Oil - Bullish Market
-Buy Levels: 77.70 / 76.60 / 75.70 / 74.50
-Sell Levels: 79.45 / 79.90
Gold - Range-bound Market
-Buy Levels: 2,677 / 2,672 / 2,666 / 2,661 / 2,654
-Sell Levels: 2,692 / 2,705 / 2,712 / 2,717
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are set as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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Looking for more sells on MNQBased on the MNQ chart, the market appears poised for a bearish continuation, with a potential move toward 20,305 by January 20th. Using ICT concepts, the price has recently filled a significant portion of the Daily Fair Value Gap (FVG) between 21,127.50 and 21,742.50, indicating that inefficiencies have been mitigated. This is often a precursor to further movement toward deeper liquidity pools. Below the current price action, there is evident sell-side liquidity around 20,947.75. Furthermore, below recent lows and the displacement to the downside signal institutional bearish intent, with price aggressively seeking lower levels. The level at 20,305 is a logical target, as it represents a deeper liquidity pool and possibly unmitigated levels from prior sessions. The current bearish momentum and redistribution phase suggest that this downward move is part of a larger institutional narrative, making a test of 20,305 likely before January 20th, provided no major bullish catalysts disrupt this progression.
50:50 ON NQ When CE IS hit at 2104.5 *SMC*Smart Money Concepts are the opposite of retail trading. Theres not short term resistance or Support. Why? Market makers will smash through those arease causeing the retail traders to lose on boths sides. So you have to think lie a market maker. So my Synopsis
1. It reaches the 1 hour FVG Above between 1:-1:30.(20,900?) Then its gonna start to It starts run down, and fall below the the short term liquidity level at 20,6950.25. (Target 1 I'm Taking 40%) The make its way down into the fairly big 1HR FVG. Those of us holding the NAS ETF's want to see it hit that consequential encroachment and leave room so it will star moving up faster. If it hits CE, I'm taking 30%, maybe 35%. Thats A smart Money Concept Possibility.
2. However th eway the daily bias has been going south and theres equal lows just below 20, 315. And hopefuly if it does get that low, thats the end of the day. ANd the we have the rest o the week to come back.
SMC Inversion FVG AT 20945
SMC Drop below and takes out retail liquidity
CE is where we start to pay attention on the next dirction, If it hits CE. MY BREAK EVEN IS 20, 600
WAIT O EE WHAT 2-3 PM BRINGS US
CME_MINI:NQ1!
PEPPERSTONE:NAS100
FX:NAS100
IG:NASDAQ
Possible?
Good luck
MNQ!/NQ1! Day Trade Plan for 01/13/25MNQ!/NQ1! Day Trade Plan for 01/13/25
📈 21074
📉 20660
1/2 way mark 📈 20970.50 & 📉 20763.5
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*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*