Nasdaq (NQZ2024) - Stagnant PricingAwaiting for more data as I will be using NQ as a barometer, just like down jones.
Will be making daily updates.
NQ1! trade ideas
09:30 Liquidity sweep 09:30 liquidity sweep that was build starting from end of Tokyo session.
very fast bull run until Tokyo session top that need to be caught very fast .. ia actually enter at the bottom where i saw a smt with ES.
NQ Short (10-07-24)Sticking with Shorts this month. O/N Stabilizing has been breaking down and the Reg Session has been selling off and then sideways with weak to zero strength. KL 20,269 is Long above and Short below. Typical flow has been Long in O/N, short for 1st 30-60M, Long in Dead Zone and Close was random. Should O/N Rig Stabilizer break down then the clear direction will likely be lower (due to Reg Session weakness). Will shall see, just watch the stall outs and Long head fakes. Keep an eye on 10YN, mentioned last week.
10.11.24 NQ 4 hour chart10.11.24 4hr chart observations.
Current range tightening. 20468-20299. Long term target if bullish- orderblock above. if bearish- 200 ema below.
Friday session* SMT on the Highs
* Weak Highs w/o displacement
* No strong displacement down
but 4H FVG in the making
* Respecting CE of 4H FVG
NQ Power Range Report with FIB Ext - 10/11/2024 SessionCME_MINI:NQZ2024
- PR High: 20440.00
- PR Low: 20426.00
- NZ Spread: 31.5
Key scheduled economic event
08:30 | PPI
Previous session closed relatively unchanged
- Holding week highs, daily inside print
Session Open Stats (As of 2:05 AM 10/11)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 309.33
- Volume: 17K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -2.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
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This video shows a chart of the AUD/USD with clear examples of the principles of Professional Buying and the Professional Selling on multiple timeframes. Gavin also looks at the NQ Futures three minute chart as weakness appears. We hope this information helps you all.
10.10.24 4hr chart NQ10.10.24 4hr chart observations.
Continued move up, built 1 more bullish gap. FVG target from yesterday closed. Next target above 4hr orderblock from July. Previous 4hr candle tight range, building energy for another possible big move. As always I am neutral to direction.
NQ1! 10/10/24 V2More precise - Still bullish on NASDAQ. CPI at 08.30. Guessing a retracement into range to reach H6/BISI and Daily Immediate Rebalance before targeting buyside this is if CPI is lower than expectations. If it comes in higher, can likely see buyside taken first then sellside.
NQ1! 10/10/23 CPIStill bullish on NASDAQ. CPI at 08.30. Guessing a retracement into range to reach H6/BISI and Daily Immediate Rebalance before targeting buyside this is if CPI is lower than expectations. If it comes in higher, can likely see buyside taken first then sellside.
NQ Power Range Report with FIB Ext - 10/10/2024 SessionCME_MINI:NQZ2024
- PR High: 20452.75
- PR Low: 20435.75
- NZ Spread: 38.0
Key scheduled economic events
08:30 | Initial Jobless Claims
- Core CPI (MoM/YoY)
13:00 | 30-Year Bond Auction
--Temp AMP margin increase
Pushing auction to Sep 26 pivot high
- Inside previous session highs
Session Open Stats (As of 12:55 AM 10/10)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 316.95
- Volume: 14K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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’s bullish close provides platform for record highsNasdaq 100 futures have closed above 20370 for the first time since July 16, providing a platform for bullish trades to be established with a tight stop below for protection. The record high of 20984 seems an appropriate initial target.
Granted, the bullish move wasn’t underpinned by meaningful volumes, which would have been nice to see. But RSI (14) has broken its downtrend and MACD has flicked higher after the briefest of ventures below the signal line, hinting momentum may be in the early stages of turning.
Everyone knows the US inflation report is out Thursday, creating a risk event. But traders have already removed more than three rate cuts from the Fed funds futures curve by the end of 2025, so the threat posed by a hot number does not look as acute as a month or so ago.
It’s also worth remembering that while higher US bond yields erode the value of future cashflows, so large are the cashflows of the tech titans they don’t need capital markets to fund their growth like smaller, cyclical firms.
Therefore, I’d be more concerned about outlook for US small caps if the inflation report were to print strong.
Good luck!
DS
2024-10-09 - priceactiontds - daily update - nasdaqGood evening and I hope you are well.
tl;dr
nasdaq - Same as dax for me. Strong breakout and I do think we will retest 21000. September high is 20537 and there is a possibility, this continues to be resistance ut given the current context, the bulls are favored for higher prices.
comment : Nested bull wedges on the daily chart and the bear gap to 20650 is getting very small. Only resistance left is the September high 20537 and the current breakout looks strong enough to expect higher highs above it and likely a retest of 21000.
current market cycle: Bull trend (nested bull wedges)
key levels: 19800 - 21000
bull case: Bulls prevented the market to close below the daily 20ema for 6 days and today bears gave up. Market refuses to go down and now we will test higher again. Bulls have all the arguments on their side if they stay above 20200. Below their case gets shaky again.
Invalidation is below 20260.
bear case: Bears see the open bear gap to 20650 and the upper bull wedge line around that same price. They will likely try to fight the bulls around that area again but I don’t think they want to risk much at that level. Market refuses to go down and their next best level for good shorts is 21000. If you are looking hard for more bear arguments… Maybe that the current volume is utterly trash and on the 1h tf you have another bull wedge and we are at the high of it. Pullback could go as deep as 20300. Can bears hope for some hot CPI and jobless claims tomorrow? I doubt it but you should not be in positions when the news is released or have really wide stops for your swings.
Invalidation is above 20520.
short term: Max bullish if the pullback stays above 20300. Neutral below.
medium-long term: Very likely a retest of the ath before I expect a correction 10% or more, before another year end rally. Embrace the volatility.
current swing trade : Nope
trade of the day: Long the opening reversal. Was too strong to now long it, no ifs or buts.
Weekend scenario 09-12 OctoberMy trends are completely bullish, 4 hourly daily and rising hourly - in the minor trends we got changes but my leading trends are pushing up.
I have 3 areas that I base myself on
The upper one - my Swing High, a transaction there is only in the "failure" configuration according to my trading method.
The middle deal - all the usual approvals take over.
And the bottom deal as above.
The top and bottom deals are liquidity based and the middle POI.
NQ SHORTSee if we can hit targets below. looks like we are trading topside of a LVN, Tested 5 min orderblock, iFVG, BPR. What i dont like is no red folder until another 1.5 hours. However, no reason for is to trade much higher IMO with no data for the the market to want to re evaluate us higher.
Entering On ReversalsIn this video I breakdown using #thestrat: Actionable Signals, Timeframe Continuity, & Broadening Formations to Enter A+ setups
Knowing WHEN to enter, and when NOT to enter
10.9.24 4h chart NQ10.9.24 4hr chart observations.
Nice move up, built 3 more bullish gaps. new target would be top of fvg from Sept. 26th.
15 min bias to upside .. looking for move before FOMC Laggy, overlapping trading this am.
Discuss bias , move potentials and the window of TIME..
IF its going to go.. when it should MOVE or tell us we have a session to skip.
where levels to upside were set and ask if want a higher TF quick vid for the upper zone explanation.
Happy Trading guys..
Careful this afternoon with FOMC..
-- DOC
NQ1! 09/10/24Expecting a bullish day today. Came down into daily order block with daily equal highs above. London session has swept asia lows and is most likely Low of the day.
NQ Power Range Report with FIB Ext - 10/9/2024 SessionCME_MINI:NQZ2024
- PR High: 20294.25
- PR Low: 20271.00
- NZ Spread: 51.75
FOMC Afternoon:
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
14:00 | FOMC Meeting Minutes
Slight lift of weekly high
- Auctioning inside previous session highs
Session Open Stats (As of 12:55 AM 10/9)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 323.21
- Volume: 19K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -3.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
mmsmtoday we had a strong up day and took out many areas of liquidity this could be the start of a possible pullback.
NQ break and retest or BF?Is this a break and retest on the 30 minute? I'd like to see how this turns out. I see divergences in this price action so watch out! idk if this is going hold...
