NQ Range (05-14-25)The Range of Games below will run until Tuesday 5/27. Looking for a drop between now and mid next week that will set up the Long to ATH or near 23,000. Look for the Memorial Day holiday low volume week (prior to holiday or after) to set up the lift higher in O/N or during the Dead Zone's of Reg Sessions. Should the NAZ lift prior to mid mid/late next week, look Short for a pull back. Blue lines are 2025 & 2024 Open Price levels, NAZ is flat YTD. Stall lift above should retest Mid Level of the 2 blue lines.
NOTE: Since 1/22 the NAZ is up 26% (today) and ATH 32%. Current to ATH is range of tricks, the upcoming low volume holiday trading days may be the Pop set up for the breakout. Long moves in the Overnight and extended weekends have been consistent.
UNF1! trade ideas
NQ Power Range Report with FIB Ext - 5/16/2025 SessionCME_MINI:NQM2025
- PR High: 21379.50
- PR Low: 21403.25
- NZ Spread: 53.25
No key scheduled economic events
Holding Wednesday range, holding short bias participants hostage
- Still advertising rotation below 21200
Session Open Stats (As of 12:55 AM 5/16)
- Session Open ATR: 503.83
- Volume: 26K
- Open Int: 286K
- Trend Grade: Neutral
- From BA ATH: -5.6% (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
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.
KISS Trading SystemOverview :
Trading process should be as simple as possible. One of the simple method to trade is primarily identify direction, find a good location to entry, wait for confirmation in the location, and finally execute the trade when the risk reward ratio is good.
1. Direction
To identify direction, follow the market structure. Higher high and higher low indicates price is in a bullish trend (uptrend), while lower high and lower low indicates the price is in a bearish trend (downtrend). If there is no clear structure higher high and higher low or lower and high lower low, price is in sideways mode. Best is to avoid trade under this condition until clear trend is formed.
2. Location
Every time price create a new breakout structure, mark the the structure as our potential location for entry. There are some occasion where price does not pullback to the location and continuing the trend by creating a new breakout structure. Do not FOMO, just wait for the next location and confirmation within the location to entry and minimize your risk.
3. Confirmation
Patience is the key. Wait for price to pullback at higher time frame location, and focus for confirmation in lower time frame to entry and reduce risk. Time is fractal, the structure pattern is same on all timeframes. Choosing the right timeframe pair is crucial. Refer to table in the notes below for timeframe pairing.
4. Risk Reward
This is the main essence in trading, controlling risk and preserving capital. Entry without doubt when the risk reward are good. Execute, and trust your setup.
NQ Power Range Report with FIB Ext - 5/15/2025 SessionCME_MINI:NQM2025
- PR High: 21386.50
- PR Low: 21361.50
- NZ Spread: 56.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
- Retail Sales (Core|MoM)
- PPI
- Philadelphia Fed Manufacturing Index
08:40 | Fed Chair Powell Speaks
Temp 25% AMP margins increase for Powell expected pre-RTH volatility spike
- Extending week highs, holding previous session high
- Advertising potential rotation with weekend gap motivation
Session Open Stats (As of 12:15 AM 5/15)
- Session Open ATR: 515.63
- Volume: 25K
- Open Int: 290K
- Trend Grade: Bear
- From BA ATH: -5.6% (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
2025.05.15 Nasdaq analysisHello, this is Greedyallday.
It’s been a while since the last update.
Today’s analysis is on the NASDAQ.
📈 Daily Chart View:
Looking at the NASDAQ on the daily chart:
The current price action has entered back into the range that existed from November 2024 to February 2025.
This range is approximately 20,790 to 22,430.
Although the range is wide, it reflects the strong volatility we’ve recently experienced — making this level of fluctuation reasonable.
One key area to observe is the blue box.
There were two significant gap-ups, and recent NASDAQ movement consists only of strong bullish candles.
So, where could the correction go if it occurs from here?
The maximum potential drop appears to be either:
20,763, or
Near the May 13, 2025 low of 20,818.
Since price has entered a larger daily frame, a correction could potentially push it down toward the lower end of the frame.
But considering that 20,818 acted as a recent support level, that area can be used to anticipate the bottom of the correction.
🕒 15-Minute Chart View:
On the 15-minute chart:
After the weekly close on May 9, 2025, the NASDAQ saw a gap-up, and an upward trend formed — but that trend was broken earlier today.
In the short term, we can say a correction trend has begun.
However, looking at the yellow box, the price is still making higher lows and higher highs, meaning the market structure remains bullish for now.
So, even within this correction, we may continue to see long lower wicks followed by rebounds.
If the price breaks below 21,187, that would signal a clear shift into a deeper correction phase.
At that point, the previous strong rally from the blue box may be reversed by selling pressure.
In that case, the short-term downside targets would be:
20,996,
and at most 20,763.
🔍 Summary
To summarize:
The NASDAQ is currently in an uptrend — making higher lows and higher highs — but we’ve entered a potential correction zone.
However, this is not yet a confirmed full correction.
We need to wait for a clear break below 21,187 before entering any trades based on that view.
💰 Buy Setup
None for now.
Despite the ongoing bullish trend, the market keeps setting new highs, making it difficult to find a good entry point.
It would be wiser to wait for a clearer correction before considering a long position.
📉 Sell Setup
Trigger: Break below 21,187
🎯 Targets:
TP1: 21,070
TP2: 21,000
TP3: 20,780
❌ Stop Loss:
Set at around 21,282,
which is the level where, if price re-enters the mid-range of the previous bullish frame, the short thesis becomes invalid.
$1000 on this one NQ tradeBeautiful trade caught here on NQ. Happy we were able to capitalize on this and make the right decisions when it came to risk and our profits.
We'll see where NQ takes us next, our MNQ trade could get stopped out and if it does I am content either way. GETTEX:52K threshold reached for our prop trading challenge account.
May this month be the month we are able to pass this account and start capitalizing from our trading.
MNQ Trade Idea Continuation (3)Continuation into the trade idea we were sharing, we traded through the Daily high level we were targetting of 21,404.75 then rushed lower under the Trendline Phantom line and under the IFVG that was used as support for price to reach 21,419.75.
Will this be another manipulation below 21,362.00 lows before continuation higher, or should I have set a TP at the 21,404.75 highs and called it a day?
Final trade entry for the day 5.14.25Will this trade idea hold?
Currently targeting the daily highs, but price has been so bullish due to all the things happening with the economy and trump with tarrifs with china and now the new $600B deal with Saudi Arabia. So I was hoping to see prices continue even higher than the daily high for us to benefit from that trade we are on.
Us holding on past the highs could hurt us by losing the current profits we have secured. But we will let this final trade show us what it decides to do and shift SL accordingly with the hopes that we don't get manipulated out of our trade.
We have london Lows still intact, not sure if the market will want to reach back lower into it and possibly inside of a bullish FVG for a discount area before exploding higher.
To me it seems that we are on a bullish trend creating higher lows and higher highs and targetting the previous sellside of the curve.
Let me know your thoughts below, where do you think price will reach to?