NQ & ES Are looking Strong, And Respecting Bullish PD Arrays, And April usually having a Rally going into May, Am expecting NQ to hit All time Highs.
Hello,Friends! NQ1! is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17048.25 level. ✅LIKE AND COMMENT MY IDEAS✅
We think that the high of Tuesday, April 16th, is the next draw on liquidity for NQM2024. Hence we hold a bullish weekly bias for now. However we have FOMC and NFP this week. So we expect lots of manipulation and are primarily looking to scalp intraday. This is no financial advise! Do not risk real money on any idea published by us.
Gone private but still here grinding everyday. Im expecting a weak NQ NAS NASDAQ NAS100 whatever you want to call it. Short story is buyside purged and HTF bearish delivery. Long story is yet to be told via lower time frame price discovery expression. My bias is to the downside. Target is a standard deviation of the opening price projected below the open...
Key Developments: The E-Mini Nasdaq 100 futures contract has had a rough month in April. Some of this correction was due to fears surrounding higher interest rates and persistent inflationary pressures. However, we believe most of the weakness had to do with other technology stocks that had reported earnings prior to META, GOOG, and MSFT. ASML, a semiconductor...
The support at 17,372 points seems to be holding: Yesterday, the Nasdaq touched down on the red line once again, but immediately used it as a springboard for a further upward swing. This is good news for our primary scenario, as there is still a long way to go until the top of the magenta wave (i) is reached. If the Nasdaq continues to defend the 17,372-points...
1. Daily BSL 2. Daily bullish ob 3. FSL 4. Imbalance above to fill 5. 1hr ob
The Nasdaq has reached an intriguing point around the 17200 area, where it sits at the 61.8% Fibonacci retracement level from the previous swing low. Price action appears to be responding to this level on lower timeframes, and we've also observed a divergence on the RSI indicator on the H4 timeframe, coinciding with the price attempting to move out of oversold...
Based on this Gann chart which is quite telling of pivots we could see more downside than we have seen so far. Contradicts my MNQ chart and another NQ chart I posted but this is HTF and could signal more capitulation if there is no peace in the middle east.
I'm looking at price action from ATH as having completed an impulse wave down to 17181.75, with an expanded flat corrective wave (area in orange ellipse), likely to complete today. Wave C (bulls, green) or wave 3 (bears, red) should be another impulse wave down below low of 17113.25.
Similar to ES, NQ witnessed a massive sell off; close to 1000 handles meaning that if you had 1 contract running from last Thursday’s high and closed out at the bullish daily order block @ 1789.75, you would have booked close to $20,000. Many professional traders are trading with 5, 10, 15 contracts and yes, although taking profits is very important, I am sharing...
This week, DXY TVC:DXY (US Dollar Index) may see accumulation as investors monitor economic data for signs of inflation and Federal Reserve's stance. NQ CME_MINI:NQ1! (Nasdaq 100 Index) might fluctuate amid tech earnings and global uncertainties like geopolitical tensions and inflation fears. I will closely watch these indices for market cues in coming week.
Idea from FVG on M5 to Relative Equal Highs Price reached order block on weekly. We may see some measure of retracement.
Here are my levels after a few weeks off. Bullish trend was broken with the drop below the upward trendline. Now trading below key emas. Green box represents important support as price pulls back to key fibs and the 200 sma. Watch for outsized move in either direction due to option volatility. Bounce back into the ema cloud or break of support are equally...
-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower
I'm back with another analysis. I'm not sure yet, but I think that after buyside liquidity attacks, we might have a sell today. It seems that the first analysis worked. Congratulations to the traders who went long.
My thoughts on NQ for tuesday trading. -We have closed above the daily fvg so that fvg will act as support. -The sensitive lvls are the high and upper 75% lvl and the MID -iI would anticipate London or new york to create the low of the day -We also have that 1 HR OB that can act as supprt
CME_MINI:NQM2024 - PR High: 18193.25 - PR Low: 18175.25 - NZ Spread: 40.0 No significant economic calendar events Continuing daily value climb - Opening in relative tight range inside NZ - Holding prev session highs below the close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 326.30 - Volume: 14K -...