Search in ideas for "nq"
NQ Gap AlertNQ gapped down after the 1 hr break probably because of the FDX earnings warning.
I expect this gap to fill, if it doesn't tomorrow then probably a Fed pump next week, lol. Anyways, just posting because I always post futures gaps, they fill 99% of the time.
If it fills overnight then all bets are off. FDX earnings extremely bearish, especially for online retailers.
NQ MFI oversoldNQ MFI oversold right now though RSI is hung up in the middle.
Probably a whipsaw day to start a whipsaw week, so watch out.
NQ UpdateNQ MFI now touching overbought, RTY went overbought yesterday, ES is not quite there yet.
Could be dangerous if we go into Powell's speech tomorrow in an overbought condition, speech at 10am EDT, so during market hours right after open
NQ RSI OversoldNQ RSI now touching oversold, but I'm not going long until next week, bind yields exploding.
Good chance it gaps down Monday and goes further into oversold, I might play the bounce then. I think there's a high probability of a weekend crypto tank again.
NQ Range (08-11-22)NQ range day, tight and tired. Long above yellow line and look short below. White Diagonal TL may provide some direction. Looking for NAZ to actually move higher in Open Session and not all O/N. Should this not happen today, I will be Shorting the NAZ.
NQ UpdateNQ MFI almost oversold, but CPI coming up tomorrow
We could get a "not as bad as expected" rally since oil is down and rent prices have stabilized.
Made back the money I lost trying to short shitcoin by buying PTON puts yesterday (I know i said i wasn't gonna trade but that was too easy, so I bought some while in the doctor's office, lol). Already flipped them for easy money, obvious reversal pattern yesterday.
Generally speaking you're supposed to go long when MFI gets oversold, but I think I'm gonna skip this one, I'm not that bullish. If you think inflation numbers are gonna be bad, you're probably better off shorting TLT or SHY (bond ETFs).
At this point I'm taking pot shots at shorting the market when it's overbought, but I would caution against indiscriminately shorting stuff (or indices). Watch for the premarket whipsaw tomorrow morning eitehr way....
NQ Rejected at Supply Zone - Possible Short OpportunityNQ dropped in after hours trading at a major supply zone. If the market continues to hold below 12,640 overnight, this could present a excellent short opportunity tomorrow. Bulls have been aggressively buying over the past several days, so wait for confirmation before entering a short position.
NQ prints a bullish renko block; potential regime changeNQ prints a bullish renko block which could signal a potential regime change
NQ Holiday UpdateNQ MFI appears to be headed to overbought in which case it will probably be rejected by the green channel line.
Will try to update this before market open tomorrow, but right now it appears to be setting up more for a short trade than a break out.
Regardless of gap direction in the morning, look at indicators before trading tomorrow. The gap above hasn't filled, but it may not fill until the next inflation reading. Oil is down, so that's good news, but inflation numbers may lag by a month since gasoline prices tend to go up faster than down.
''NQ'' time to sell now''NQ'' after the breakout of the range with a large candle we can take a sell position
''NQ'' start of downtrend
''NQ'' after the breakout of the range with a large candle we can take a sell position
NQ UpdateNQ broke the channel line and it appears to be headed for the gap fill
It can go up much further based on the last rally. I overlayed it.
The only thing I guarantee at this point is a gap fill. This is way too bullish, it has to do it by next week. The rest of the rally depends on the Fed meeting. Long trades only for now regardless.
NQ Weekly OversoldNQ Weekly oversold on RSI with positive MFI divergence.
Note that it is now more oversold than the COVID tank.
Sorry about the messy chart, it compressed my 3 hr arrows and stuff
NQ BUYNQ, price is at known level of uturn on the daily, if price breaks into the buy zone, it might be a good idea to turn to the 1h and look for low prices to buy.
NQ ProjectionNQ projection, immediate resistance at 12700, will break above trend line if ES is rebound can sustain until end of month.
Lower Target in June is break below 12000 as shown.
NQ last leg down before upnq has one more leg down before up
early longers will suffer
Everything is planned
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information that you are not going to get anywhere else
NQ new uptrend confirmed; recovers 14k with bullish divergenceNQ Nasdaq 100 just recovered 14k support.\ with a bullish RSI divergence. It also bounced from the
Lower upchannel confirming a new SHORTTERM uptrend with higher high & now a higher low.
However, it will be volatile going forward due to lots of resistances ahead. Also headwinds still remain
like rising yields, FED hikes, inflation, oil, metal & food supply crisis & Russian invasion.
Trade with caution
NQ Daily OversoldNQ Daily MFI oversold, as is QQQ daily MFI. $NDX is not oversold but not sure it matters. Also, none of the other indices are oversold.
I guess there's gonna be a tech bounce for earnings, but right now the 3 hr chart shows overbought, so I'll wait for the next dip.
I was wondering why things got so bullish this morning after a weak open, wish I had seen this earlier, I would have been more bullish. No short position for a while I guess, BTFD, lol. I'm just taking pot shots at the market anyways.
nq E MINI FuturesNQ E mini Futures, as you can see target has been reached perfectly with this impulsive candle
