NQ 19900 - 20178NQ Analysis by Ray 8y old (ICT YT student) If NQ 4H can close over 19606, i think 19900 GAP is next target, possible 20178. My STD -3.5 low was hit and +2.5 STD high today :-)
UNF1! trade ideas
NQ Range (07-01-24)Looking for low to up move during short Holiday week or more O/N Prop lifting than usual. The KL to watch is 19,818, a break of the Danger Zone will try some yellow dots. Near KL look for the typical U Turn attempt. YTD Open is the KL 17,027 and we have seen a 3,000 point range with ML 18,500 being a retest KL to anticipate. NAZ is running on fumes and will need some major rigging, tricks, BTD/FOMD PA to stay elevated. Any of those fail to hold and we may see large move sessions on any drop retest of KL's. Go Fed, look for Fed to help out (did you watch the Debate???, Really). Any drop will be propped back up in the O/N.
NASDAQ AccumulationOrderflow of this accumulation it is to at least produce retrace after Dayli BOS.
Could turn into reverse Model. aiming highs. Making Dayli break - false
NQ Trade Ideas for FOMCThis is similar to my previous idea for ES, so I won't include VX in this one, but it's the same idea. While I'm watching ES and VX, I'll be looking for NQ to be hitting support and resistance at the same for extra confluence. The best trades on FOMC day line up when we have a big reversal after everything either comes into support or resistance at the same time.
19.3k is the first area I like for long on NQ, it should line up with ES at 5525. We do have a trendline above that hasn't been tested since it was broken so that could be a good short as well. If that trendline doesn't hold it's probably gonna lead to a larger squeeze. We'll just have to monitor these levels and see what happens.
These are shorter term levels and are meant for day trading today's action only, but could also lead to continuation over the next few days.
Bullish todayLooks like we are bullish today. We have this FVG on 15 minutes. We will see what will happen.
NQ ObjectivesNEEEEEEEEEEERRRRRRRRMMMMMMMMMMM! eventually going to reach into this today, been chopping the other days generating buy side liquidity
FOMCWatch out that in 4 minutes we have the FOMC. A news that affects the stock market very hard. Today I tend to think we're bearish because the DXY has got sellside liquidity. I will keep you updated if anything changes.
NQ Power Range Report with FIB Ext - 7/31/2024 SessionCME_MINI:NQU2024
- PR High: 18998.00
- PR Low: 18861.75
- NZ Spread: 304.5
Key scheduled economic events
08:15 | ADP Nonfarm Employment Change
09:45 | Chicago PMI
10:30 | Crude Oil Inventories
14:00 | FOMC Statement
- Fed Interest Rate Decision
- FOMC Press Conference
Maintaining range of previous week
Evening Stats (As of 10:45 PM 7/30)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 354.45
- Volume: 37K
- Open Int: 252K
- Trend Grade: Bull
- From BA ATH: -9.0% (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
OHLC Statistical Mapping - Rinse & Repeat-Manipulation to -Distribution the simplest model ever... 1:3 ✔
END OF DAY TRADE USING ICTmarket was dropping all day ran a daily low and provided a Market structure shift and a FVG I used ICT's 2022 model to catch that trade
Week of July 28 - NDX/YM/CL/10yrThe past 2 weeks of selling in the NDX has been exactly what I wanted to see on the weekly charts.
We have been talking about a Tech sell off for a while- into a bottom ~ 18.5k where we can position for the BIG & FINAL Long entry - and we almost got it this week.
The Nasdaq sold off this week finally filling the quarterly FVG that we have been looking for. From HERE, we are going to print a new bearish FVG on the weekly chart that I want us to backtest & respect.
The weekly chart has given us our step 1 of 3 in the form of displacement lower - now we need to see step 2 via respecting the overhead FVG that will form .
The DOW however - gave us an entirely different view.
The Dow has a quarterly FVG ~ 7% lower from here that I want to see visited. Couple that with the equal lows on the quarterly and weekly chart at 37,881 - that to me is the BIG draw on liquidity that we are hunting.
SO FAR - the h4 has rejected the 50% level and this breaker block - I want to see follow through next week on DJI sell pressure.
Crude Oil has been a super tough trade lately. I am still bullish short term into a top ~ 84 so we can setup the big sell - but the tape has been just so so tough lately. Its fun to observe oil but at this point, I am about to throw in the towel on commodity trading. Indexes have been FAR smoother and better respect my models.
That said - what oil IS SAYING for those that are willing to listen - is that inflation is rolling over, and the global economy is weakening.
The 10yr has continued its march lower.
This is driven by the same macro forces that are taking Oil lower - a weakening global economy
So here is the setup I am watching for this week;
I want to see NQ start the next up leg here - I'm looking for a 6% pop or so into the weekly IRL. This will setup for a weekly TS sell to our final bottom target ~ 18.5k.
I Want to see The DJI continue to sell off.
I want to see the 10yr and oil continue to march lower
Until next week - We'll be watching.
NQ1! Critical levelsDetailed explanations are given in the chart.
Comment if you have any questions.
Thanks for reading and good trading!
NQ Short for 19,075.00 or LowerDivergence between assets (Jul 29th 10:12 pst) high was taken on ES, inside 1h fvg. Displacement on NQ past 05:30 equal lows and rejection of bearish 15 minute fvg with turtle soup occurring in said fvg at 07:17 pst. Finally closing below and rejecting Jul 29th 21:03 pst 30m ifvg
UpdatedLooks like the market will take the closest part of the sellside. I'll wait and see what happens, after that I'll look for a mss and enter buy.
New week, new profits.We are back. Today looks like we'll be bullish. We saw that on the daily, the DXY has rejected from a very important gap. That's pretty much what I'm watching for today. I will trade from now on only with buyside and sellside liquidity because not every time the FVG market respects the FVG ur made. I will keep you updated in case something changes. Hope you have a profitable week.
15m FBoS Buy Idea15m FBoS Buy Idea on $NQ. Potential for NQ to form an FBoS and move into the desired POI. This is on the 15m timeframe so expect some delay.
NQ Sell-Side LQ Grab then Higher into Daily Imbalance!Market is pretty darn bearish in the past 2 weeks. After hours we have had a slow drip down, low volatility/resistance. Going to bed soon but we may get a drop down during the London open to grab that highlighted 15m sell-side LQ before starting the ascent higher to run shorts.
I just feel like everyone is looking for a short setup so its a great time for the big guys to go counter trend here.
Big tech earnings do start tomorrow AH thru Thurs so these next 3 days could be very eventful.
NQ Power Range Report with FIB Ext - 7/30/2024 SessionCME_MINI:NQU2024
- PR High: 19237.50
- PR Low: 19206.75
- NZ Spread: 68.75
Key scheduled economic events
10:00 | CB Consumer Confidence
- JOLTs Job Openings
Maintaining previous week end range
- Showing potential to roll over below 19100
Evening Stats (As of 10:15 PM 7/29)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 329.53
- Volume: 20K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -8.8% (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
NQ long opportunity Above 19331 we have a great long opportunity to balance out previous impulse move to the downside
NQ Long (NDX, QQQ)NQ is showing the first signs of recovery from its recent decline. The overall decline and first day of recovery is structurally similar to the last pullback in April. Price has pushed through the bottom BB and is starting to bounce back inside. RSI has turned up on the daily after being pushed below the lower threshold which has only happened 3 times this year and price has bounced each time. Given that the latest PCE was on target, rate cuts appear to be within sight. For the period between now and when the first rate cut actually occurs, I think NQ will rally to the previously developing POC around 20,000.
The 20,000 level is also supported by a massive open interest for QQQ 496 calls (image linked below) which roughly works out to the 20k NQ level. The call wall should act as a progressively stronger magnet since MMs will buy the underlying to hedge their exposure. It will also act as a major resistance which is why my final scale out is a range to be adjusted as the trade progresses.
Risks
There is a lot of uncertainty at the moment, so these assumptions are based on macro data meeting forecasts and the remaining MAG7 earnings being neutral to favorable. If the remaining MAGs miss on earnings, then I expect a drop to around 18,500.
QQQ Open Interest
drive.google.com
Nasdaq trade into early ny Im just improving, I dont any intention more than just look at my self into this markets
NQ1 & SP1 W BLACKSWANNNNNN!!!!!!! GG USA & DOLARCME_MINI:ES1! TVC:DXY CME_MINI:NQ1!
This is my own opinion, for better or worse. God knows. From what I see, Nasdaq and S&P 500 are facing a very serious collapse. Keep this in mind if you want to open a big short position. You can see an example of a black swan pattern and my concept intersecting on the chart. If you ask me, the problem is significant, and the end of the dollar has come maybe ww3.
