Similar to ES, there's as chance the bullish trend will continue towards the daily bearish order block but price is stuck between two HTF price zones which makes my judgement 50/50. Therefore I will sit on my hands and wait for more data to print.
NQ had a nice rally this morning, but quickly rejected after consumer sentiment and some fed speakers. I thought it would hold above 18240 on a retest, but it hasn't so far. If it can't reclaim, it will most likely head back towards 18k.
Hello guys. Yesterday I was wrong about the market. It was very hard to read. So I think the market will be bearish. After it reaches this point, I expect it to make a break in the market structure and aim for the low of the day. We will see more details at 08:30. Be careful and stay safe.
Here are my levels for the week. I have been really busy outside trading so I have not been able to post many updates. I continue to trade these levels a few hours every morning. Treat the levels as as support, resistance or targets. The market is currently trading in a large consolidation pattern with large daily ranges. The levels noted are the one are I feel...
NQ 4hr chart showing multiple trend lines and supply/demand zones.
Session Breakdown, Asia = Consolidation London = Manipulation and US = Distribution to either continue Londons direction or reversal of direction...
-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower
On the daily chart it can be seen that the market is bullish today. After taking the sellstop and accumulating strength, the market will make a brake in the market structure and we will look for a buy until the tp is close to the high of the day.
Good Evening and I hope you are well. overall market comment Markets went sideways again which means balance. Currently most indexes fight for the 1h 20ema and oscillate around it. Bears got a deep pull-back which probably ran many stops just to quickly trade back up again. We are high enough to qualify for a proper lower high so the minimum bullish targets...
Hello. after a longer analysis done on daily and weekly I came to the conclusion that today the market will be bullish. It's just that it's a more complicated analysis and a difficult market to read. I will go bullish today. If something changes, I will make a new post to let you know.
price has ran up through the bearish FVG and into a bearish OB it failed to reach the 50% mean threshold level since it failed to reach that level I’m anticipating a retracement lower into the red shaded area or even lower i want to the market to crash haha i don't know why tho i just like shorting
Similar to ES, NQ has been relatively choppy throughout the last trading week with liquidity voids popping up in the daily timeframe from Tuesday going into Wednesday, Wednesday going into Thursday and Thursday going into Friday with even a bit of a void in Mondays opening compared to Fridays Close. In relation to running buystops, NQ has not dealt that much...
NQ Futures could be trying to setup an ascending triangle to catch bears short at the bottom with major upside potential with a breakout and confirm. Will almost certainly coincide with data/news that will either play out a bear trap or a bull trap on the same timeframe for the next let the market takes. Often these patterns forming at the bottom of a range end...
CME_MINI:NQ1! "Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal Price has been respecting Demand day after day and now has officially broken the 4Hr Last Swing HIGH and caused a 4Hr CHoCh to the upside... Lets see if the HOUSE can capitalize a LONG this week... We will drop down to the LTF for entry once we have...
1. FSL 2. 1hr BSL 3. 45min bullish ob 4. Bullish Pennant 5. 15min Bullish OB
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.
I see the Nasdaq futures taking a pull back through the month of May down to bounce off the highs from 2022 (~16500). I think this will happen as the dollar increases due to the EU Bank cutting interest rates or at least hinting at cutting rates later this week before the US Fed does. CME_MINI:NQ1! NASDAQ:QQQ
Looking for rebalance of price if price respects weekly resistance. Broke trend on the weekly chart and now currently filling daily imbalances to the upside. I am looking for lower prices by the end of may and mid june. for Q3 to be bearish. Macros news: Inflation Concerns: Inflation rates have been a major focus globally. Central banks in various countries...