NASDAQ Next leg upQQQ options are pricing a move to 490 ish this week. Rough math equates to 20385 ~ 20400 , over that is the potential for 20750
UNF1! trade ideas
Nas100 AnalysisI can see that the bulls are trying to step in .
I am waiting for price to close above my zone to look for entrys
NQ BUYReturn to distribution of the future NQ. Leg sideways in formation? Or resumption of the trend? Right now there is an excellent risk-reward ratio of a long entry. Analysis for educational purposes only. Don't do this at home
nasdaq lost iths fuellooking at the market today we see weeknes in daily.
even doe we are in th lower part of a intra/range i will put my odds in short.
speaicalley ibn daily analisis. i have a naked wick on 20,0009 so there we put i limit.
target in gren.
have fun
We are backThat's the analysis for today. After analyzing the DXY as well, it looks like we will be bullish. Be patient and see what the market wants to do. What I'm posting is strictly informational. Everyone has the right to analyze and enter as he wants.
Nasdaq NarrativeOverall Short term Bearish on Indices. Long term Bullish. All I want to see is for a drop into Sell Side Liquidity, if Nasdaq is Bullish it'll create a Bullish SMT Divergence at the lows with S&P, along with the Daily & Weekly BISI I would expect that to allow for an expansion to new ATHs for NQ.
There's three scenarios that can play out. 1: Just move up higher from right here, price swept minor lows & created an SMT Divergence.
2: Sweep big fat lows and create a bigger SMT Divergence on the Daily Chart.
3: Unlikely/probably won't happen, Drop way way lower than last weeks low.
Number two is the most favorable as it'll allow for a sweep of Asia/London Lows and expand higher during New York Session.
Number one can happen, just more risky, I would just have peace of mind if that liquidity is swept before expanding higher. I've seen too many times where it created an SMT Divergence and did everything else, but did not sweep liquidity, and the trade failed. So the Higher Probability is, we do sweep those lows
With Asia and London Session it'll be clear which one of these scenarios will play out
Summary: Drop down into those lows, expand higher, create Low Of Week around Monday. Monday will be a good trading day as it's NFP later in the week, which usually means Mondays are one of the best days to trade in the week. It'll most likely drop pretty far down, just to end up completely reversing all the way back up
IDEA FOR NQLooking bullish coming off of the FVG on the 4H... at 618 retracement on 1H and is headed down to bullish FVG on 30M looking for it to continue bullish off that AOI
NQ Power Range Report with FIB Ext - 7/1/2024 SessionCME_MINI:NQU2024
- PR High: 19984.50
- PR Low: 19944.25
- NZ Spread: 90.0
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Evening Stats (As of 10:35 PM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 252.03
- Volume: 21K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -1.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- 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
scalp trainingwarming up for market open playing the futures per trend, this is paper trading obviously but still fun and teaches plenty.
6/30 | $NQNot much change from last week's view. Still expecting more downside into the next 1-2 weeks. Would love to see us move lower into my demand zone marked.
I do have an alternate chart where instead of a large drop, we range bound instead.
Ignore everyone on the internet especially trading gurus-OpinionWe all look for the grand master trading guru wizard who will tell us promises of sweet nothings that get us all excited for our future. They will show images of grandeur in the fake fabricated life that you could have, and that no one cares about, other than those who are mostly insecure people trying to get attention. Attention.....annnnnnnd...your money. That is the unfortunate truth of not only trading, but I would say life in general. I recently went on a trip to Jamaica and the whole time everyone was trying to sell me stuff. Vegas is the same thing just with a whole lot more glitz and glamour.
One should ask ones' self why are we doing this trading thing? What do we truly want out of life? What does one want out a life based around trading? Money? Yes, of course. Financial freedom? Bingo, bullseye, and royal flush.
Think about trading like this: McDonald's exists and Ruth Chris (famous steakhouse) exists. Both make a lot of $$$$$$$$. It's okay to be a McDonald's trader or a Ruth Chris trader, because always remember we all are different people and the most important human you need to tap into is yourself. Want to serve and get paid for the Big Mac and fries method? Develop it. Want to have a fine dining way extracting money from the market? Develop it.
The "trading gurus" can only act as a guide. You are your own Luke Skywalker and not every Yoda has genuine intentions. Develop your own inner Neo as you are the one that can make this trading thing happen for your life. Everyone has a different vision, we are different programs, and we all need to identify what makes us tick and how to extrapolate our ideas onto the charts and into our bank accounts.
I just want to reiterate don't believe everything you see on the internet. Find yourself in the market and you will find freedom. Watch where price reacts and find out how you can get in on the action. Whatever the timeframe, one must go through a journey of discovery and that journey is the one that goes on in your head.
Also, the chart I shared is just so I could share my thoughts as I've been tricked by many people who either weren't honest or who were honestly delusional. Take control of your mind, use the power of your mind to free yourself as no one is going to be there pushing the button for you.
Internet Morpheus out...become the one that you need in your life.
NQ1!: Intraday levels for June 30 - July 1stThese are more for me, testing out a new model.
Apparently, the most likely target is 20,132.
Will it hi? Maybe....
Anyway, teal boxes are the rejection zones (99% of true values will fall below or above). Followed by the most likely lows and highs.
Not advice!
Safe trades everyone.
NQ - They Are Like Brothers And SistersNQ can sometimes be very aggressive in comparison to ES and YM so when it moves, IT MOVES!
NQ DROPPING ????? I THINK SO!!!!NQ failed to reach the C.E of the daily wick which is 50% and DXY is pushing higher to a liquidity void. NQ and ES should drop. I want to see NQ reach down and take that low at19728.00 and fill the rest of that BISI/FVG on daily chart. Going in to next week this is what i'm expecting and will be trading accordingly.
Nasdaq Market Outlook as of June 30, 2024- Still looking Bullish Overall
- Bullish SMTs formed below b/w NQ & ES
- Will wait for price to print first to get confirmation on Bullish Bias
Nasdaq Perspective on M15Expecting support at 19900 - 19875 zone to hold price for a bounce up to 20075 -20125 Resistance zone.
BEARS ARE INTERESTED - Nasdaq Drop Off/Fall.19775 is a support to Ride towards. We are likely to battle the ….75.00 levels on the chart. We had a strong end of month Bearish close with a 370 points drop. Red news folders will be a great catalyst to reach this level.
20240628I anticipate more downside through this day PA. The bump on the road is anticipated at d bisi CE level and I would like to see some corrective upside setback closer to the 9.45 HI news release. After that HI news even I anticipate more downside. I have modest DOL to the downside at d bisi CE level.
NQ Range (06-03-24)Looking for the typical and predictable Friday-Monday Close rally play. Friday had the usual and typical late day redirect, only to start another low volume U Turn. They do it when most have gone for the day or we are near a Holiday. Now the O/N (low volume) lift is just creating the Long Chase. Need to see some big selling or this is just going back to 19,000. May 20 (yellow arrow) call did Play out, back in the range now. Solid arrows are previous calls and dash is current range.
NQ Breakout NQ didn't have much of a reaction to PCE, but has rocketed after consumer sentiment came in better than expected. Seems like the market is going to be full risk on mode for the summer at this point. We made it through PCE and more jobs data, no fear whatsoever. Next stop is ATH, we'll see if this holds up, seems like I lt will for now.
6/28 New Day New Idea..... Will the bulls save it GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
😏 😏 😏
06/28/2024
**News** ON THE BLOCK TODAY!!!!
***Personal Income and Outlays*** ⚠️ **RED FOLDER** ⚠️
8:30 AM ET
***Chicago PMI***
9:45 AM ET
***Consumer Sentiment***
10:00 AM ET
@everyone
***Midnight*** **CONSENTRATED CONSOLIDATION **
*#ES 5560.50*
*#NQ 20131.50*
💰 **BUYSIDE**💰
***#ES 5588.25***.--->Above this level we look for --->....
🟢 5604
🟢 5616.75
🟢 5639.50
🟢 5653.25
🟢 5676.85
***#NQ 20141.50***...---> Above this level we look for-->
🟢 20151.50
🟢 20201.50
🟢 20246.00
🟢 20292.25
🟢 20332.50
💰 **SELLSIDE**💰
***#ES 5552.50***--- Below this level and we look for
🔴 5537.50
🔴 5509
🔴 5489.25
🔴 5468.75
🔴 5436.50
🔴 5406
***#NQ 20092***---> Below this level and we look for
🔴 20052.25
🔴 20012.50
🔴 19956.5
🔴 19904.00
🔴 19880.25
🔴 19812.50
🔴 19775.25
🔴 19749.50
🔴 19693.25
🔴 19647.75
NQ1!: Levels leading into PCE Its been a minute since I have posted on futures and an intra-day idea.
Here are the levels to watch for NQ.
Looks like its heading to a rejecton zone (Green box). From there, the anticipation is to retrace the neutral range.
Wouldn't be shook to see it go to the red box.
Major rejection/support zones outlined with the teal lines.
Overall bias intra-day is immediately bullish but rejection at the rejection zone.
