MNQZ2024 trade ideas
NQ1! BEARS ARE STRONG HERE|SHORT
Hello,Friends!
We are going short on the NQ1! with the target of 18019.25 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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NQ short levelWatch this level and watch how we can potentionally react on it! SIBI (Sellside Imbalance Buyside Inefficiency) + 1/3 ADR 🔥
NQM2024 clean setupstoday price action offered beautiful setups from manipulation deviations and ADR study that 🔥
NQM2024 - Short beautiful prediction of High of the day using ICT and the tools! target was 1/3 ADR, on highs we also have a beautiful SMT with closely correlated assets!
Elliott Wave Analysis Expects Nasdaq Futures (NQ) Continue HigheShort Term Elliott Wave in Nasdaq Futures (NQ) suggests the rally from 4.19.2024 low is in progress as an impulse. Up from 4.19.2024 low, wave ((i)) ended at 17949 and dips in wave ((ii)) ended at 17386. The NQ extended higher in wave ((iii)) with internal subdivision as another impulse in lesser degree. Up from wave ((ii)), wave (i) ended at 18348 and dips in wave (ii) ended at 18165. Wave (iii) ended at 18760, wave (iv) ended at 18545, and wave (v) ended at 19023 which completed wave ((iii)).
Wave ((iv)) pullback did a zig zag Elliott Wave structure. Down from wave ((iii)), wave (a) ended at 18802 and pullback in wave (b) ended at 18933. Final leg wave (c) completed wave ((iv)) at 18621 low. The future rallied again in wave ((v)) ending an impulse as wave (i) of ((v)) at 18956 high. Near term, as far as pivot at 18621 low stays intact, expect a correction in 3 or 7 swings in wave (ii) before resuming to the upside in wave (iii) of ((v)). It expects short term upside in ((v)) towards 19117 – 19270 area as minimum extension, while dips remain above 18623.85 low. Alternatively, it can do double, if break below 18623.85 low as ((iv)) before turning higher.
UpdatedToday I think I'll look for a seal. Given how the market is reacting, I don't know if it makes sense to look for a buy.
NQ Scalping Zones 5/28NQ Weekly Outlook
Upside Targets:
* 18,929--19,000--19,100
Downside Targets:
*18,826--18,758--18,693
Daily Trend Tracker -
*NQ? *DXY- *VIX- *US10Y-
NQM2024 clean setupstoday price action offered beautiful setups from manipulation deviations and ADR study that 🔥
NQ Update April 1st Post (4-18-24)The White arrows to the right side are KL's. 18700 YTD High, 17027 YTD Open and 16300 YTD Low. The white dash is Mid Level of YTD Range. 4/1 Post, we have hit lower target and my see some retracement back up, not looking for a KL 18590 retest. Use Yellow dots as targets for next move. Yellow diagonal TL is next retest and TLX 17867, may see sideways with slight lift prior to another drop.
Interesting chart on S/P, we may be heading back into a Dead Zone.
Last analysis on this accountFor those interested in posts, check out my profile. I will create a new tradingview account. Today we are bullish. We don't have high impact news
NASDAQ (US100): Possible scenarios NASDAQ is the strongest index in comparison to S&P500 and Dow Jones.
If the price wants to move lower, it should stay below the inversion, if it happens then we can target the previous week's low and sell-side liquidity, but if the price breaks the inversion we will see the new all-time high again.
💡Wait for the update!
🗓️27/05/2024
🔎 DYOR
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Market AnalysisThis is the 3rd time I am updating the analysis due to high impact news. Today we are bullish after all. It looks like the market will create a new all time high
E Mini AnalysisFrom this gap the market will be bullish. I want to let you know that we are off session but you can look for a market structure shift and you can enter buy. We are bullish
Gap in chartWait for this gap to close and see if it will make mss (market structure shift). After that we can look for buy position.
Today's analysisGiven that we have formed all time high, I still think the market will be bullish. We have 2 high impact news which means I expect it to take buyside liquidity and go up further. Take care and be careful
Stock market analysisNo news today. The market should respect and not have any problems. That's the analysis for today.
Predicted Reversal at -5 Deviation!Time & Price 👁
NY PM Session offered beautiful reversal at -5 deviation which beautifuly overlapped with Discount of Dealing Range and H1 BISI (Buyside Imbalance Sellside Inefficiency)
Also notice how bodies stayed ABOVE -4 Deviation! It's not random.
NASDAQ (NQM2024)... BULLISHBias is Bullish.
Price ran the External LQ, then went
for the Internal LQ.
Price swept the old high, but didn't
displace through it. With the formation
of a +FVG, and price pulling back to tag
it Friday, we may see price trade
through the new high early next week.
Ideally, price will form FVGs to give us
clear indications as to its intentions.
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