UNF1! trade ideas
NQ + MNQ Trade EntriesBack to share some live trading action for you guys. Entered here and missed a profit of $500+ with NQ but we caught a nice trade with MNQ, which with the next episode you guys will see I lost some of those profits. Still in another trade and trying to see if we are right. Will share the next upload once its ready.
NQ Power Range Report with FIB Ext - 5/14/2025 SessionCME_MINI:NQM2025
- PR High: 21273.00
- PR Low: 21249.50
- NZ Spread: 52.5
No key scheduled economic events
Value continues to creep another 2%, increasing distance from weekend gap
- Mechanically, holding previous session highs
Session Open Stats (As of 12:35 AM 5/14)
- Session Open ATR: 543.13
- Volume: 33K
- Open Int: 281K
- Trend Grade: Bear
- From BA ATH: -5.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
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 100 set for 25k?The Nasdaq 100 is in a technical bull market, having rebounded 20% from its cycle low. While the risk remains that this is simply a 'bear market bounce' that could sucker punch bulls, I believe bulls have got this and we could be headed for 25k.
Matt Simpson, Market Analyst at City Index and Forex.com
2025-05-13 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Can’t get more bullish than this but I am not willing to buy the exact high but rather would wait for a pullback. The only thing that we turn me neutral right now, would be a > -2% down day and close below 20800.
current market cycle: trading range
key levels: 19700 - 20600
bull case: My lowest measured move target is 22350. Market should stay above 20000 if bulls want to get there and that’s likely all that’s important about the nasdaq for now. Clear breakout and follow-through. Bears gave up and we are again at peak euphoria.
Invalidation is below 20000.
bear case: Bears need a miracle below 20000. That’s it. Could this become a bull trap and an exhaustion gap? Always possible but I think it’s so unlikely that you can not make money betting on those odds. Path of least resistance is up, Opex or not. What I do think is that we could be close to the top of the channel we are in and we go sideways for the next days. I drew potential upper bull channel line but confirmation would only be if we don’t print anything above 21350 tomorrow.
Invalidation is above 20400.
short term: Neutral. Bulls grinding but for how many more tries? If that is bad English, you can suck my Bratwurst.
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: Shorting new highs continues to print money.
Inflation Data Boosting MarketsInflation has been front and center on traders' minds for the last several years as it can impact not only consumer prices but also futures markets. Today, CPI was released and the number came in slightly lower than expected at 2.3%. Throughout the session, the equity indices, precious metals, crypto markets, and Crude Oil traded higher. The Nasdaq led the way higher for the equities being up over 1.5% and Crude Oil also was up over 2.5% recording the 4th consecutive day with a higher high.
Looking at the recent gains in the S&P and Nasdaq, it can be useful to look at the historic relative strength on a daily basis. Currently for the Nasdaq, the relative strength from a daily basis standpoint is at the highest level since the all time high prices from December 17th, and the market is trading well below that level currently. For the rest of the week, traders will hear remarks from Fed Chair Powell about the current inflation and employment landscape and will see more data on global inflation that could add volatility to the markets.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
*CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc.
**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
NQ Short (05-13-25)The move up from Danger Zone U Turn at KL 16,365 on 4/7 has been sketchy at best. These are better viewed on the NDX Daily chart. Below is YTD NDX, notice the multiple Gap moves up and away from the Danger Zone (16,790 on NDX). Looking back, gaps usually get revisited and when you have 3-4 there is higher probability of a gap fill.
The NAZ 30M chart is showing the channel to play as the NAZ just popped to Top after the Sunday gap open and 2am 350 point 25m move. Sunday had a gap and a massive 2am move. NDX chart looks like Swiss Cheese and NAZ (NQ) chart will break down the gap that created the Cheese. It is all Cheesy Price Action.
CURRENT DAY TRADE SET UP - NDX/SQQQGood Morning,
Hope all is well. Nasdaq well on its way to an epic bull run. However in between I like to identify some day trades using SQQQ & TQQQ.
Here we see our NAS has broken structure slightly and is looking to go lower to re group before moving higher again.
Waiting for rejection on the SMA line prior to making a move.
Enjoy
NQ Power Range Report with FIB Ext - 5/13/2025 SessionCME_MINI:NQM2025
- PR High: 20963.50
- PR Low: 20913.25
- NZ Spread: 112.25
Key scheduled economic events:
08:30 | CPI (Core|MoM|YoY)
Weekend gap strongly remains unfilled
- 25% AMP margins increase for expected CPI volatility spike
Session Open Stats (As of 12:25 AM 5/13)
- Session Open ATR: 551.55
- Volume: 32K
- Open Int: 275K
- Trend Grade: Bear
- From BA ATH: -7.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
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
Two Shots at NQ: Because One's Never EnoughAlright, here’s the game plan – because let’s be honest, the market loves nothing more than pretending to break out, then snapping back just to mess with us.
🔥 The Setup:
I’m eyeing the Micro E-mini Nasdaq-100 Futures (June 2025), and I’m giving myself two shots at this breakout. Yeah, I know – ambitious. But the market’s been playing hard to get lately, so I’m hedging my enthusiasm.
💡 Why Two Long Entries?
Because, let’s face it, the first entry will probably get stopped out. I like to think of it as a “testing the waters” trade. If it works, great – I’m a genius. If not, well, it was just practice.
First Entry (The Optimist):
I’m jumping in if it breaks out, keeping the stop tight – because nothing says confidence like a cautious stop loss.
Second Entry (The Realist):
If the first entry faceplants, I’ll wait for the market to freak out and then calm down. Then, I’ll slide back in when it looks like it’s actually serious this time.
🧠 Managing the Chaos:
Short-Term Target: The last high – because if it doesn’t clear that, what’s the point?
Long-Term Target: The equal move – assuming the market doesn’t chicken out halfway.
Stop-Loss: Snug and sensible, because I’d rather not watch my account do a disappearing act.
Take profit targets are set where the equal move would complete – assuming the market cooperates for once.
💭 The Thought Process:
I’m not here to pretend I can predict the future – if I could, I’d be on a yacht, not posting on TradingView. But this setup gives me two chances to be right, which is at least one more than usual.
🔥 Your Thoughts?
If you’re also giving your trades a second (or third) chance, drop a comment. Or just let me know how your latest breakout fake-out went – because misery loves company. 😅
Equities Start the Week HigherTrade talks were front and center starting off the week, and the equity markets saw sharp increases with the Nasdaq leading the way higher, being up over 4% on the session with the S&P and Russel also up over 3%. The U.S. and China agreed to a 90-day pause on tariffs, and traders had been waiting for news about this since the initial breakdown in early April. While equities saw gains, the Gold market saw selling pressure being down over 3% today, and now over $200 below the recent all time high.
The CME Fed Watch Tool probabilities have also been changing over the past week, where the July meeting now has a higher probability of another rate pause instead of a rate cut. The market is now pricing in the first rate cut to come at the September meeting at a near 50% probability. Tomorrow traders will see CPI numbers come out, offering data on inflation which could also add volatility to the equity and precious metals markets.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
*CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc.
**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.