I want to inform you that after doing the analysis, today we are bearish. It is important to take care that at 08:30 we have high impact news. The analysis may change depending on what happens after the news. Pay attention and be careful.
CME_MINI:NQM2024 - PR High: 18715.75 - PR Low: 18687.50 - NZ Spread: 63.25 Key economic calendar events 08:30 | Initial Jobless Claims - Philadelphia Fed Manufacturing Index Inching into new ATHs - Prev session momentum with returning participation - Holding above prev session high - Mechanical 18740 supply, inventory off PR high - No major correction since...
As NQ1! price moves towards its ATH at 18709, and assuming that new ATHs are found shortly, I'm looking at this being wave 5 of (3) of ((5)). Wave (1) of ((5)) was an expanding leading diagonal. Major corrections in the primary wave structure coincide with significant world events (i.e. Great Financial Crisis, COVID-19, etc.). S&P, DJI, and Russell 2000 all at...
It is hard to cast a bearish sentiment and never popular in a bull market. While bulls are an excellent thing and easily bring the increase over long spreads of time, bears IF encountered take one swipe causing massive injury just before they stomp and ragdoll its victims in such a way most don't survive. Bear cycles are very fast and hard in comparision to...
4:00pm - 4:46pm - many good trades today - good aggressive stuff! (tight SL and stuff) 4th trade (although I cut my risk in half) was unprofessional ---> only 3 trades per day!!!! PnL: +3.5 RR (shouldve been +3 RR tho)
Here are the levels I'm using this week. Key things to watch are the PPI & CPI data as well as earning from big retailers WMT and HD. Powell also speaks this week on Tuesday. Bullish momentum continues but NQ is coming into a completion zone for a bearish Harmonic at the 886 Fib. Potential bullish momo into that level then heavy resistance. SUMMARY NQ posted...
For the CPI news, I think the price will go up and the buy side will take liquidity. If you look at the dollar index, you will come to the conclusion that the price in the dollar index has liquidity on the selling side and can target it.
Hello guys. Considering that it was high impact news and the market eliminated many buysides, today I will go bearish. This happens when we have high impact news. the market can be unpredictable. Pay attention and stay safe.
CME_MINI:NQM2024 - PR High: 18427.00 - PR Low: 18402.00 - NZ Spread: 56.0 Key economic calendar events 08:30 | CPI (3x) - Retail Sales (2x) 10:30 | Crude Oil Inventories AMP temp margin req increase for expected vol spike, pre-RTH - Prev session ad for rollover short turned into liquidity for new week highs - Holding prev session highs below the close -...
Good Evening and I hope you are well. overall market comment US PPI surprised upwards and markets printed a crash bar, just so the bulls can do the reversal and squeeze all the shorts. Measured move targets from that spike lead to many logical resistance levels and after today there can be little doubt we won’t get there before US CPI is released. Odds that...
4.10pm - ~5.08pm many good trades today! -tighter SL? ---> not asking too much from price ---> tight TP I DIDNT MOVE ANY SLs TODAY!!!!!!!!!! PnL: +1 RR
Hi folks. That's the analysis for today. Today we will be bullish again. Be careful at the market. At 08:30 we have high impact news Core Ppi
CME_MINI:NQM2024 - PR High: 18290.50 - PR Low: 18274.00 - NZ Spread: 37.0 Key economic calendar events 08:30 | PPI 10:00 | Fed Chair Powell Speaks Prev session closed as inside print - Hanging around 50% of prev session range - Daily print advertising potential reversal short below 18227 - AMP margin increase expecting vol spike for economic news Evening...
NQ looks very similar to ES. Ascending channel break + double top at supply. If NQ breaks below 18240, I like shorts, but longs above. Long tsrget is the previous double top. Short target would be the trendline below or potentially 18,000.
on NQ price moved a whopping 105 points today. Tomorrow we have PPI at 8:30am fed chair at 10am the highs WILL be taken you can bet every you have on it.
4.10pm - 5.40pm (1 1/2h session) Ill maybe trade more around the open; Im just experimenting with the times rn but so far it went well DONT MOVE THE SL!!!!!!!!!!!!!!!!!!!!!! PnL: +1 RR
I personal feel as if price shall move higher targeting weekly highs the 1H candle has now closed above an old daily swing high and respecting 1H OB Consequence encroachment since we have no news today I am watching very closely to see how candles react many of these zones especially daily highs or lows
today sometime the equal highs at18350.75 WILL be taken out Im confident in it