NQ Hourly MegaphoneBullish consolidation on hourly timeframe, may coincide with data releases for breakout/breakdownLongby Eclipse_TradingUpdated 1
Back Into Near-Term ResistanceThe key daily support zone in NQ held again this morning and now price trades back into this week's resistance at 18400... Great action today - Patient now!Longby OpinicusTrades0
Growing Divergences in Small vs Large CapsWhat do the labor market and the stock market have in common? They are both showing a huge divergence between the fortune’s big companies and smaller companies. From 2009 to 2021, the large caps in the S&P 500 and the small caps in the Russell 2000 moved more-or-less in lock step. Since the end of 2021, however, investors in the S&P 500 have earned a 9% return. Meanwhile, investors in the Russell 2000 small caps are down nearly 20% from the index’s peak. U.S. Labor Market Survey Data We are seeing a similar divergence in U.S. labor market data as well with a huge gap developing between two different surveys conducted by the Bureau of Labor Statistics. The establishment survey, which is a survey mainly of big businesses, shows over half a million jobs were created over the course of December and January. By contrast, the household survey – which polls 60,000 American families each month and does a better job of capturing job creation among small and mid-sized firms – shows 1.2 million jobs have been lost in December and January, and nearly 700,000 people have left the labor force altogether. The Impact of Interest Rates Why would small businesses suffer while large companies prosper? One reason might be interest rates. Many large companies have significant cash reserves which are now earning 5% returns as a result of Fed rate hikes. Also, many large companies financed themselves by issuing bonds when yields were low during the pandemic. By contrast, many smaller businesses do not have large piles of cash earning interest in T-Bills. They typically borrow from banks and suffer the effects of higher rates more quickly than their larger counterparts. The good news for small firms is that if and when the Fed begins to cut rates, their stocks might outperform the big guys in the S&P. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com By Erik Norland, Executive Director and Senior Economist, CME Group *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. by CME_Group5
NQ Power Range Report with FIB Ext - 4/11/2024 SessionCME_MINI:NQM2024 - PR High: 18190.75 - PR Low: 18160.00 - NZ Spread: 68.75 Key economic calendar events 08:30 | Initial Jobless Claims - PPI 13:00 | 30-Year Bond Auction Another margin increase from AMP for expected vol spike - Potential daily inside print - Holding near prev session close - >100 points from prev session low Evening Stats (As of 12:05 AM) - Weekend Gap: +0.27% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 252.47 - Volume: 22K - Open Int: 256K - Trend Grade: Bull - From BA ATH: -2.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Longby mv3trader50
NQ1 FUTURESfor educational purpose only. expecting lower prices in nasdaq until lower lined marked.Shortby Ashish_Devmurari0
ICT quarters theoryAfter large displacement like news events . Anticipate retracement based on bias. Bearish trend - look for retracement into lower 25% range then displacement lower. bullish - look for retracement into upper 75% of range , then displacement higher.by dclemens5610
NQM2024(Nasdaq)The price can go up to the 50% area of its falling log by taking the Sellside Liquidity equal Lows H4Longby amirelr0
NQ Power Range Report with FIB Ext - 4/10/2024 SessionCME_MINI:NQM2024 - PR High: 18384.25 - PR Low: 18370.75 - NZ Spread: 30.0 Key economic calendar events 08:30 | CPI (3x) 10:30 | Crude Oil Inventories 13:00 | 10-Year Note Auction 14:00 | FOMC Meeting Minutes AMP margin increase for expected vol spike Evening Stats (As of 12:05 AM) - Weekend Gap: +0.27% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 238.30 - Volume: 11K - Open Int: 259K - Trend Grade: Bull - From BA ATH: -1.6% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone by mv3trader50
DEMO: ict run on stops, market structure shift, fvg entryDEMO: ict run on stops, market structure shift, fvg entryby ptwPTW2
Helping you map out your gameplanE-mini S&P (June) / E-mini NQ (June) S&P, yesterday’s close: Settled at 5253.25, up 0.25 NQ, yesterday’s close: Settled at 18,295.00, down 5.75 E-mini S&P and E-mini NQ futures were little changed to start the week as traders and investors await tomorrow’s CPI slate. Given last Thursday's fallout and Friday's stronger-than-expected headline job creation, one could perceive the consolidation as healthy. While there was some construction within the Treasury complex yesterday, we must also keep a close eye on rates as we move through the data-heavy middle of the week. Price action in E-mini S&P futures held an early low yesterday after the opening bell, creating first key support at 5245.25-5246.50, while E-mini NQ futures have a similar mark with major three-star support at 18,228-18,249. The bears must test and violate these levels in order to potentially break the consolidation ahead of CPI. To the upside, a move out above second key resistance aligning with Friday’s high at 5268.75-5272.50 in the E-mini S&P and 18,406-18,446 in the E-mini NQ could begin to spark a pre-CPI melt, back into the thick of the damage, where indices began rolling over Thursday. Bias: Neutral Resistance: 5264.25*, 5268.75-5272.50**, 5279.25-5282**, 5295.25-5300.75***, 5207-5208.50*** Pivot: 5252.50-5253.25 Support: 5245.25-5246.50**, 5231.25-5237***, 5224.50**, 5212.75-5215.50**, 5203.75-5206.75***, 5191.50-5196.75***, 5163.75**, 5145-5147.25***, 5123.75-5124.25***, 5112.25*** Micro Bitcoin (April) Yesterday’s close: Settled at 72,110, up 4,355 Bias: Neutral/Bullish Resistance: 72,110-72,530**, 73,410-73,600***, 74,800-75,300***, 80,503***, 82,110*** Pivot: 71,800 Support: 69,610-69,900**, 68,650-68,900**, 67,755***, 66,330-66,500***, 64,715-65,260***, 62,955-63,435**, 60,830-61,680*** NQ (June) Resistance: 18,370-18,376**, 18,406-18,446**, 18,475-18,498**, 18,568-18,607***, 18,691-18,709*** Pivot: 18,300-18,310 Support: 18,228-18,249***, 18,173-18,191**, 18,102*** 18,051-18,070***, 18,006-18,029***, 17,767-17,881**** CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results. by Blue_Line_Futures0
Looking for buys break consolidation box 1. BSL Daily 2. Imbalance above 3. 4hr bullish 4. 30min ob 5. Overall bullish Longby brittnie440
NQ Power Range Report with FIB Ext - 4/9/2024 SessionCME_MINI:NQM2024 - PR High: 18324.75 - PR Low: 18311.25 - NZ Spread: 30.0 No significant economic calendar events Relatively tight range prev session - Holding Friday's highs, above the close - Relatively low volume Evening Stats (As of 12:05 AM) - Weekend Gap: +0.27% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 240.45 - Volume: 12K - Open Int: 261K - Trend Grade: Bull - From BA ATH: -2.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Shortby mv3trader50
bullish on the day for NQGoing into Mondays trading here is what I expect - I believe shorts are feeling safe so they are going to target buyside around 18600 lvl. Highs are to clean -We could see sometime are manipulation in London creating the low of the day. - I like the 1hr IFVG and the three tap setup - I will be looking to take longs for Mondays trading -Inval would be 18070 lvlLongby diegoulises2812
NQ Power Range Report with FIB Ext - 4/8/2024 SessionCME_MINI:NQM2024 - PR High: 18373.50 - PR Low: 18305.00 - NZ Spread: 153.0 No key economic calendar events - low event week with bonds Retraced roughly 50% of prev week range - Holding Friday's highs - Below Friday close following quick weekend gap fill Evening Stats (As of 12:05 AM) - Weekend Gap: +0.27% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 253.27 - Volume: 28K - Open Int: 261K - Trend Grade: Bull - From BA ATH: -2.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone by mv3trader50
NQ1! - What Similarities Do You See Between Indexes?Similar market structure to ES, with the daily price action closing inside of the daily order block in a discount. I will be awaiting for a clean rejection from this area before I can consider sellside liquidity being up for grabs. My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More! The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated. Credits; - Michael Joe HUDDLESTONE - Shawn Lee POWELL - Toray KORTAN by LegendSince0
I was sure. so! I bet my house 🏠 Every check box was checked Postdata: I lost my house Shortby Yankiel_M553
NQ short, looks to have a small retracement probably a small retracement and then continue up.Shortby VividCloud0
Nasdaq Cyclei predict NASDAQ wil go bullish and will reach his historic high Longby VPC_CONCEPTUpdated 6
Don't Short Support x2NQ held daily support today, even offering a clean retest of the PDL after that NFP print Don't short support after a volatility expansion day Longby OpinicusTrades0
Chart Idea - NQ Short -- 3/27/2024I am short on NQ if it breaks 18457. It touched the support two times already. MACD and RSI are pointing towards the downtrend in short term. I believe it should come down into golden pocket where you can see the FVG as well, fill it first and then decide where to go from there. Short setup on NQ Entry: Take short if 18457 level breaks SL: 18527 TP: 18381 (0.5 fib level)Shortby smwajeehUpdated 111
NQ Holding the 55 emaQuick note after yesterday's big drop. Trendline has broken and price dumped into the 55 ema. 55 ema is a key level to hold. Levels below would be the 2021 high/ Feb 21st low. Potential for retest of the 21 ema area above and trendline breakdown point before rolling over again. No regular charts this week or next do to travel. Good luck trading. by WadeYendall5