UNF1! trade ideas
NQ Short (05-19-25)Same plan as prior Post, Short. The play is that the NAZ will try some FA's below (Shaded Zones) and then U Turn up during some late low volume Holiday session and attempt ATH retest. No U Turn, next SZ lower. Long above KL 365 and Short below. Price Action is all about Tricks, Tweets, Games and any low volume session opportunity (long side now). Still want to retest the 15m 2,000 point blast zone.
Nasdaq Futures - Another 7000 pts move pending?Reposting the last one with the same levels.
Just moved around 700 pts.. The chart says that we can still expect another 7000 points swing? which direction?
Levels as per the last post:
Current Price: 19544 (25th April)
Today's Price: 20230
Mid-Point: 18060.88
Upside: 21424.03, 23364.38, 25353.19 and 27342.00
Downside: 14704.35, 12757.38, 10768.56 and 8779.7
#NQ1!
NQ Power Range Report with FIB Ext - 5/19/2025 SessionCME_MINI:NQM2025
- PR High: 21374.75
- PR Low: 21283.75
- NZ Spread: 203.25
No key scheduled economic events
Beginning anticipated rotation, holding at Thursday's lows
- Daily gap remains below 20400 ahead of Keltner average cloud
Session Open Stats (As of 12:25 AM 5/19)
- Session Open ATR: 490.62
- Volume: 54K
- Open Int: 283K
- Trend Grade: Neutral
- From BA ATH: -6.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
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 Bull trap?Is this possibly a bull trap?
CME_MINI:NQ1! has reached the first weekly price imbalance created during the downward rebalancing. This is also dangerous territory.
There was a slight pull back Friday afternoon right before the closing bell but we wont know for certain until Monday mornings opening Bell.
I am still curious to see the opening on Sunday.
Things to note or we have been pushing higher without any considerable pullback on the higher time frame let’s take a look ….
Daily Chart
Intra Day Chart
NQ price visibly consolidating right above the Weekly imbalance low. The exit from this consolidation will tell us a lot, until then I wil remain cash or reduce risk dramatically until direction is evident.
2025.05.19 nasdaq analysis🟧
At the close of Friday's session, the daily and weekly candle closed around 21500.
However, in the final hour after market close, Nasdaq broke below the orange trendline.
Then, at the start of Monday’s session, a sharp gap down occurred.
The gap was briefly filled before Nasdaq retested the broken trendline and continued to fall.
🔗
🕒
Nasdaq hasn't confirmed a downtrend yet.
The key is whether 21187, which has held since May 13th, will break.
If it fails, price may fall below the value area it’s held for a week.
Downside targets if 21187 breaks: 21000, 20765.
🔗
🟩
Bullish scenario isn’t dead—this may be a temporary pullback.
Key entry signal: Break above the 15-min 20 EMA.
Target zones vary by strength:
Conservative TP: 30-min 20 EMA
Aggressive TP: 21415, possibly even 21500 if today’s high is broken
🔗
📌 Conclusion
Monday started with a gap down, but support is still holding.
Break below 21187 = potential trend reversal + end of box-range movement.
Buy trades should be cautious & short-term until confirmation of strength.
NQ localI think we have done enough work on the current levels as mentioned in the previous daily analysis, we opened today(on sunday) disrupting the relative equal lows which could be used for accumulation of the buy orders.
If so then we would not need to reach out for the sellside marked in the lower part of the current daily ifvg, and we would probably look for higher prices and buyside delivery, in case we break out lower part of the daily ifvg I think we can have the lower prices, where it will balance through the previously left imbalances in the range
NQ 1DI think we are going into the daily fvg which is situated above, I would rather see the support from the ifvg which we broke through and leave the sellside in there just as we left, meaning the work is done on the current levels if we are bullish will target this fvg first and then buyside above
#202520 - priceactiontds - weekly update - nasdaq e-mini futures
Good Day and I hope you are well.
comment: The bulls gapped up on Monday’s Globex open and we never looked back. My line in the sand was 20536 and we are now about 1000 points higher. The rally is climactic in a very tight bull channel and those are always unsustainable. We are close to the ath to expect a new one or a retest but I doubt we can get there without at least a couple of days sideways to down movement. If we continue higher from 21500, it will go without me because I don’t think this is a good trade. Bulls should not let the market fall below 20800ish or the trend line breaks and that would decrease the odds of a new ath somewhat. Even if I expect a pullback, I doubt bears will get something big going next week. The rally is too strong to not expect the next pullback to get bought. The only chance bears have to reverse would be a news event and trading on hope is never a good strategy.
current market cycle: trading range
key levels for next week: 20000 - 22000
bull case: 22000 is the next obvious target for the bulls but I doubt we can get there without some sideways to down movement first. If we print 22000 next week, there is no reason we can’t go for 22500 as well. Bulls have all the arguments on their side right now and the bull channel is clear, so trade it until it is clearly broken.
Invalidation is below 19100.
bear case: Very small chance my wave count is correct and we have seen the high of this move. The two-legged correction with a higher high is the best guess I have for now but I would not initiate trades based on that right now. It helps with expectations but not more. Base assumption is a pullback, more upside and then a stronger reversal over the summer and Q2. As of now, bears have absolutely nothing going for them and you can only think about shorts if you are comfortable with holding through 23300ish because that’s how high I can potentially see it going. I fully expect 19000 to get hit again this year but for now this market is as bullish as it gets.
Invalidation is above 21600.
short term: Neutral. Expecting a pullback and that will likely be another good long opportunity if nothing changes dramatically. 22000 is the obvious next target. If we get real bad news, we could see a bigger pullback but even then I would expect at least a retest of 21500.
medium-long term - Update from 2024-05-11: My most bearish target for 2025 was 17500ish. Now I assume we will be in a trading range 16000 - 23000 for much longer. Same update as for dax, I guess we could go down and sideways over the next weeks/months and then have another squeeze into year end. Stairs up, elevator down.
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2025.05.16 nasdaq analysis
This is the briefing result for Nasdaq as of yesterday.
The briefing began during the yellow box phase.
At that time, I clearly mentioned that the market had entered a short-term correction phase and emphasized the importance of the 21187 support level marked by the red box.
As seen in the chart, the 21187 level was not broken to the downside and instead held as support, followed by a rebound.
This reaffirms the significance of the 21187 level.
Afterward, the trend continued upward.
Looking at the 15-minute chart, there have been consistent lower wicks breaking below support,
which decreases the reliability of a short opportunity simply from a trendline break.
At this point, the trust in a sell-off purely based on trendline breakdown is weakening.
This chart outlines a short-term sell strategy.
As previously mentioned, while the short-term uptrend line has become less reliable,
if we see a break of the trendline and a drop below 21376,
we could expect a pullback toward the blue box area around 21320~21300.
Thus, a short-term short strategy may be valid in this scenario.
From a daily chart perspective, Nasdaq closed with a green candle again,
but the shape of the candle resembles a doji with similar upper and lower wicks.
What we need to focus on here is that Nasdaq has re-entered a high-volume price area (supply zone),
but since no clear direction has formed, many positions seem to be closed off whenever the price pushes higher.
On the downside, since the 21187 support level has held,
this remains the most critical level.
If 21187 is broken downward, it could mark the beginning of a daily-level correction phase.
Conclusion:
No clear direction yet.
While the direction was upward until yesterday, the doji close suggests caution.
For further bullish movement, a confirmed close above the current supply zone is essential.
If the market corrects downward, watch for a break below 21187.
The current price action is forming a channel pattern with higher lows and higher highs.
If traded correctly within this range, good opportunities may arise.
2025-05-15 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Market is in peak euphoria again but you would be buying at the very top on an Opex Friday. Like… Just dont. Enjoy your weekend. I expect a rather choppy session maybe even a deep pullback rather than closing the week on another green bar.
current market cycle: trading range
key levels: 20600 - 22000
bull case: Bulls want a new ath and we are high enough, that they could easily get it next week. My count was likely wrong and W1 was not the spike from 16735 to 19388 but rather the leg from 17863 to 20277. That means we are in W3 and W4 is around the corner. I have many calculated targets around 23000 and as of now, there is no reason we can not get there. It’s a very tight bull channel upwards. Bears are not doing anything so the path of least resistance is up.
Invalidation is below 20100.
bear case: Bears need a miracle. That’s it. Best they can maybe get is a pullback to the bull trend line around 20700ish but I highly doubt that. If we print 21000 tomorrow, most bears would be wet and take their profits before letting them see burning away again. My assumption for tomorrow is a choppy session somewhere between 21000 - 21600.
Invalidation is above 21600.
short term: Neutral. Opex Friday, I made my money this week. Absolutely no need to throw it away tomorrow. Less interest in buying up here but bears are barely making money, so I’d rather sit on hands.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We are +18% from the lows and I do think, once this turns again, it will easily be the short trade of the year.
trade of the day: Longing the lower low below 21300 is the obvious choice. Market went sideways to up with higher lows for 4h. There were at least 4 big tails on the 15m chart which told the story.
Nasdaq 100 3 Bar Trendline now Intact!Hey traders so as you can see you don't need indicators just a simple drawing of a straightline to try to get on the right side of the market. Does it always work NO but most of the time it does. So now we need to wait for the pullback before considering to enter from the long side. Have your order ready and always use risk management.
Don't chase the market let it come to you!
Enjoy,
Clifford