Link to chart:https://www.tradingview.com/chart/vYaceW5a/?symbol=CME_MINI%3ANQ1%21
As noted from yesterday's post, 4HR supply above near 4/5POC held strong as resistance..
Looking for a push lower coming into 5/8. Bears target is the 5/7 VAH where the 1HR demand level sits and pivot However, with strong enough momentum a squeeze to 18144-130 looks good where...
TF: 6 Hr
Price has made a nice correction of the recent impulse move down to ~$17,100. Price has recently been rejecting the 0.786 retracement of the move down. The 0.786 retracement also aligns with the POC of the impulse move down. Price could be setting up for a correction or price could also be setting up for another impulse move down, however, I think at...
CME_MINI:NQM2024
With an EOD rally the bulls made some major progress in the NQ today. The late day push brought us back inside this massive 52 day balance we formed, starting in late February and spanning all the way to the second half of April. We not only pushed back into value, but we were also able to work our way above the first critical LVN, as we look to...
NQ is setting up well for a long or a short opportunity. Looking for NQ to fail at supply and retest the trendline it just broke above for a long or for it to fall back below that trendline and fail on a retest for a short.
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
Link to chart: www.tradingview.com
Incorporating volume profiles from multiple TF (session vol. profile) to find previous day's VAH/VAL/POC and how we can potentially react off of them. With S/D zones, it can show as support/resistance for certain levels and aligning pivot points as 3rd confluence for potential influence of strong priced levels. Still working in...
Nasdaq 100 has fallen by 8.53% since its previous high.
The market has now created a new higher high and higher low signalling strong bullish momentum. If price can stabilise above 18608, we can see price target all time highs.
Little trade idea. Seems like with the messy price action we have seen over the past couple of days, Equities might be reprimanded with one more trip down below to clarify for participants, does the market want a real rally, or just pump and chop dump fest. Irregularities dominated the price action in many assets I track this past week, but really, NQ has...
NQ, along with other indices have been in a recent bullish run because of recent economic data and earning reports from the FOMC and the most impactful companies in the United States right now.
In the beginning of this past week, NQ has had a strong dump with price levels falling nearly 500 points (17900 to 17400) after a brief moment of consolidation. After...
13 October 2023 this move started at 10484.75 and peaked on 8 March 2024 at 18709.
The AI mania and perceived Fed 7/8 cuts took hold of the market. But even now that the potential for the 7/8 cuts have evaporated into maybe 0/2 the market continues to press higher. No meaningful correction has been seen, and after this week it's possible that we extend to the...
I think MNQ will have a retracement at the beginning of the week to the zone I marked up between monday and tuesday and after that it could be mainly bullish for the rest of the week until hits the upper zone around 18100
The NASDAQ 100 index is currently indicating a sell zone with its value at 17988.00 Traders may consider taking profit at various levels, such as 17,872.42, 17,700.00, and 17,601.18, as these points represent potential profit-taking opportunities. Additionally, it's prudent to set a stop loss at 18,861.78 to mitigate potential losses in case the market moves...
watching the willingness for NQ to break April 19 low.
Note weekly FVG SIBI (right). Simultaneously, note 1D BA FVG SIBI (left).
Break below April 19 validated shorts
On standby. Just day trades , which i don't post here.
