Search in ideas for "nq"
NQ - Rejection 15min MicroAs the VXN and VIX pulled back, the NQ had high hopes of
keeping it together but was met with Selling at the Objective
from the Draw on this morning's Chart for NQ.
173... Sold into to.
Dippers, full of hope for New ATHs are simply too new to
trading to appreciate the enormity of the Market Structure
or Garden Variety Degenerate Gamblers.
Either way, it's the best way to lose your Capital... shame.
For every inexperienced wizard touting their trade, there are
20x the losses.
Never changes, watched it for decades. Generally best to watch
and learn as opposed to removing any/all doubt as to your prowess.
The close was nasty, this is far from over Dippers.
NQ +1,000 Tick bullish pushThe NQ one hour time frame is in a short term
down trend. The market has hit a future support
area were the buyers could take control. It will
be a good idea to wait for the market to break
and close above the short term down trend line
before looking for buying ideas.
Entry: counter trend line break bullish
in the buy zone.
STOP: 15220.75
LIMIT: 16072.25
Once or if the market breaks the counter trend
line bullish. As long as the market stays in the
buy zone. It will be a good idea to turn to the
five minute time frame and to look for tunnel
trader long / destination trader long opportunities.
NQ - 15480 TargetThe unwind in Tech - slower than the ES/YM.
Typical, as the NQ volatility increases and we move
into EPS lower guidance and warnings (growing increasingly
abundant) the Big Tuna aka AAPL remains the guarded
Instrument.
157.50 Calls continue to print, in excess 1 Million, so they
will game it for all its worth as the ABCs of the widely held
continue to SELL.
Chopping along for now, the break of 15500 will set this in
motion quickly.
NQ - Holiday Volume TradingMoving price higher during Light Volumes, leaving another Gao to fill below.
Opportunity in the Micro Timeframes for ranging after new ATHs for NQ
will be interesting this Evening as Globex re-opens.
The Monthly Target extension remains 16018.
Price, although moving higher is losing momentum on every side-step of
the former channels.
These lower trend lines then become the Price Objectives.
NQ goes to 15800 then I may go shortI expect that Nq may reach around 15800 the end of 1st week of September or 2nd week. I think it follows path of red wedge . I think volatility stays tight which should bring RSI well into overbought territory. Then I would not be surprised to find a big correction. I am waiting for my long signal which will likely trigger with a small pullback from here.
NQ - Wedge ContinuesAlthough we saw heavy Distribution in the NQ, it has abated for now.
Price continued to move Lower on reduced Selling...
The range is easily tradeable within the wedge.
Unfortunately, we will not know until tomorrow which
direction it will break.
There remains a far higher measured move to 16,018 above
and a far lower measured move below to 15526, a near 500
point range that BR/VG would enjoy trading.
It will depend as it always does on the FEDs Friday UST Prop
which often comes in Large @ $12.1 Billion.
For tomorrow it is $0.
It will be on the backs of Blackrock and Vanguard to keep
things together.
Going to be an interesting close to the this week.
NQ: Looking for EntryThe NQ one hour time frame is in an up channel.
The market is at the top of the channel. It will
be a good idea to wait for the market to form
a counter trend line break bullish either at the
bottom of the channel or above the channel.
Entry: Counter trend line break bullish near a
known level of U-turn either above the channel
or near the bottom of the channel.
STOP: In the sell zone
LIMIT: If entry is near the bottom of the channel.
The limit will be just before the top of the channel.
If the entry is above the channel. The limit
will be 16072.25
Once the entry is given. It will be a good idea
to turn to the five minute time frame and to
look for tunnel trader long / destination trader
long opportunities towards the expected price
limits.
NQ - Sell Entries for Larger Decline (DX shows the way)Levels are for THIS Weekly Closing. .382 is the likely Level... unless
BR goes full tilt Friday... tough move for them as it puts them out of balance.
VG & BR played cat and mouse until 3:45PM EST this go around
and then unleashed the afterburners expected early at 2:45PM EST.
We'll take it as it shows the longer pattern of Distribution has come
to a decided end.
AS Liquidity dries up into Friday, they'll need to buy it... or it plunges.
14502 is our next primary Target as 2Day everything broke.
Uncle Buck wants 94.65 - it will get there.
TSLA couldn't save the ES, let alone itself as it tried and tried to
break 696, Sellers said nope, screw you.
4441 ES pivot is now gone, adios... 4003 or so, 200SMA decline
has begun, it's going to be sporty, so we've moved 1/2 positions
out to December on ES and NQ - YM Losing 35K was an important
footnote on the Day as it can RT.
RUT = DOA, never able to recapture 2335.
The initial leg has another 8% with ease prior to a whipsaw.
CONfidence in Dipping is ending. Fear and cautionary tones setting
in today. Ever gullible... changed their tunes as well @ 4:02PM EST.
Only the Kinky Meme's are hanging in there, the usual suspects
AMC< GME< TSLA (yes Tesla is a Meme imho)
As Opex unfolds on an ill-liquid Friday, any large Volume profit
taking will see a 3% down day without breaking a sweat.
We repeatedly warned of this decline setup, although our higher
Fills were not tagged, we're good with that, there is plenty more,
a great deal more where today came from.
Larger downside targets were all confirmed today, there isn't much
out of DC or NYC that can reverse what is now in motion.
Trust and Confidence were broken this week.
Buckle up, it's going to be a nasty ride South for another 400 ES
handles.
NQ one hour up channelThe NQ one hour time frame is in an up channel.
the market is making higher highs and higher lows.
There are two areas where a good buying trade
could be found. A counter trendline break bullish
near the bottom of the channel or a counter
trend line break bullish above the channel.
Entry: Counter trend line break bullish near the
bottom of the channel or above the channel.
STOP: In the sell zone.
LIMIT: If entry is the bottom of the channel. The
limit should be right before the top of the
channel.
If entry is above the channel. The limit can
be the next one hour Fibonacci extension or
monthly up Fibonacci price point 16072.25
As long as the market stays above the bottom
of the channel. It will be a good idea to turn
to the five minute time frame and to look for
tunnel trader long opportunities.
NQ continues to be lucrative for me. Hope for you too.If you were to look at my recent ideas you might be thinking to your self that all I trade is NQ. But I can tell you I also trade ES, RTY, CL, GC and sometimes VIX. Howevers, right now NQ has been making me profit after profit so why stop on a good thing I say!
You can see my long trigger. this is if price breaks above black trendline. This had a false breakout last week but then price dip below again. This trendline has been since February with a couple of times it being test. So it is pretty strong in my opinion. If it breaks it should be good profits with my target at 14573. You can enter aggressive with entry on breakout, or wait for confirmation of breakout with retest of this black trendline. This is more conservative.
You can see my short trigger too. This trigger is if price breakdown below top dotted yellow line. Then 2 profit targets- 1st at 14025 and second at 13907.
Both my triggers are in a very little range. this tells me we are getting a bit of a squeeze though it would be hard to tell by just looking at price action. My RSI and MFI are both hanging around 50 which is a nother signing of squeezing. Which ever direction it breaks I am looking at big profits in part due the squeeze.
Let Me know if you have questions, comments, concerns or input. I love that you all read my ideas closely and appreciate feedback and different ideas. Thumbs up me and this makes me happy too!
I hope to be posting more, but I am finding it really hard to find time lately. Hopefully real life will settle down and I will be posting a lot more.
With Love
Miss Bunny
NQ: +805 Ticks bullishThe NQ one hour time frame is in an up trend.
The market is making higher highs and higher
lows. The market is in the buy zone and has an
up Fibonacci with an extension price point
14924.25 about +805 ticks above the market.
The market just hit the old Fibonacci extension
and I am expecting the market to pull back bearish
to a low price near a known level of U-turn.
Entry: Counter trend line break bullish in the
buy zone near a known level of U-turn.
STOP: 13687.50
LIMIT: 14294.25
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities. If a person
wants to lower their draw down, it is a good idea
to wait for the one hour time frame to give a
low price in the buy zone before looking to
buy off the five minute time frame.
NQ one hour up channelThe NQ one hour time frame is in an up channel.
The market hit the top of the channel is is
starting to push bearish towards the bottom of
the channel.
Entry: Counter trend line break bullish near a
known level of U-turn either at the bottom of
the channel or above the channel.
LIMIT: If entry is near the bottom of the
channel. The limit will be just under the top
of the channel.
If entry is above the channel. The limit will
be 14895.50
STOP: In the sell zone.
As long as the market stays above the bottom of
the channel. It will be a good idea to turn to
the five minute time frame and to look for
tunnel trader long / destination trader long
opportunities.
NQ One hour, looking for bullish trendThe NQ one hour time frame is showing signs of
ending the short term down trend and starting
the longer term up trend. The market has created
an Up Fibonacci movement.
Entry: Counter trend line break bullish above
12962.50
Longer term LIMIT: 14895.50
Short term limit: 13691.25
STOP: 12962.50
Once or if the market enters into the buy zone.
It will be a good idea to turn to the five minute
time frame and look for tunnel trader long /
destination trader long opportunities.
NQ UpdateNo longer oversold, I expect it to backtest the orange line tonight.
It could tank again premarket based on CPI numbers, though chart patterns suggest a gap up and doji. I think Thu will be a down day, will buy puts tomorrow if things play out like I think they will. NQ MFI would have to go overbought for that scenario to look right.
No long positions overnight, CPI numbers won;t be good.
NQ MFI still oversoldI assume we get another pump and dump since NQ MFI is oversold. One or two day bounce?
I'm not going to get bullish until the daily gets oversold. I don't really expect another big rally at this point, but who knows? They always seem to find an excuse to pump the market somehow.