TF: 6 Hr Price has made a nice correction of the recent impulse move down to ~$17,100. Price has recently been rejecting the 0.786 retracement of the move down. The 0.786 retracement also aligns with the POC of the impulse move down. Price could be setting up for a correction or price could also be setting up for another impulse move down, however, I think at...
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.
CME_MINI:NQM2024 With an EOD rally the bulls made some major progress in the NQ today. The late day push brought us back inside this massive 52 day balance we formed, starting in late February and spanning all the way to the second half of April. We not only pushed back into value, but we were also able to work our way above the first critical LVN, as we look to...
NQ is setting up well for a long or a short opportunity. Looking for NQ to fail at supply and retest the trendline it just broke above for a long or for it to fall back below that trendline and fail on a retest for a short.
NQ 4hr chart showing multiple trend lines and supply/demand zones.
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
-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower
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.
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.
My thoughts on NQ for tuesday trading. -We have closed above the daily fvg so that fvg will act as support. -The sensitive lvls are the high and upper 75% lvl and the MID -iI would anticipate London or new york to create the low of the day -We also have that 1 HR OB that can act as supprt
Nasdaq Futures NQ Priority way on 07.05 - Short These posts are recommendations for building trading ideas for the day. All recommendations are based on personal experience and analysis of incoming market data.
CME_MINI:NQM2024 - PR High: 18193.25 - PR Low: 18175.25 - NZ Spread: 40.0 No significant economic calendar events Continuing daily value climb - Opening in relative tight range inside NZ - Holding prev session highs below the close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 326.30 - Volume: 14K -...
Link to chart: www.tradingview.com Incorporating volume profiles from multiple TF (session vol. profile) to find previous day's VAH/VAL/POC and how we can potentially react off of them. With S/D zones, it can show as support/resistance for certain levels and aligning pivot points as 3rd confluence for potential influence of strong priced levels. Still working in...
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
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...
Nasdaq 100 has fallen by 8.53% since its previous high. The market has now created a new higher high and higher low signalling strong bullish momentum. If price can stabilise above 18608, we can see price target all time highs.