Nasdaq Done.Touched 4.23 extension and 2 long term trend line touches. This looks ugly. Black Swan where are you??Shortby UnknownUnicorn1679430
NQ UpdateMFI hit oversold on ES, NQ, and RTY yesterday. MFI on NQ is going up fast, I'm guessing we see some whipsaw on Fed meeting release tomorrow. Dumped the puts I bought Friday, gonna sleep in tomorrow and wait for the minutes release.by hungry_hippo9
How to Analyse Tech Market? - Index + Big Cap + Mid Cap Today, we will discuss how to apply inter-market analysis effectively. While there are numerous analysis methods available, I find comparing the index, an influential stock, and a smaller yet actively traded stock to be effective in projecting what is coming ahead. Let's make some interesting observations in the tech market, focusing on the Nasdaq Index, the world's largest market-cap stock – Microsoft, and Super Micro Computer Inc., one of the most actively traded stocks recently. Micro E-mini Nasdaq Futures & Options Ticker: MNQ Minimum fluctuation: 0.25 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time 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 Short08:23by konhow5512
NQ Power Range Report with FIB Ext - 2/20/2024 SessionCME_MINI:NQH2024 - PR High: 17790.00 - PR Low: 17738.75 - NZ Spread: 114.75 No signficant calendar events High vol open creating super wide NZ spread - Anticipated high volume following virtually a long weekend - Maintaining prev week's range - Daily print showing pivot to downside - Breaking lows of engulfing bar Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 235.22 - Volume: 133K - Open Int: 285K - Trend Grade: Bull - From BA ATH: -2.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18106 - Mid: 16963 - Short: 16391 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 mv3trader51
NQ: OverdueSee the chart, which is tandem with ES on this count. Looking at a Minor 2. Could push one higher, but doubt it gets far past the .618 extension, especially with that 18416 sitting right there. Some say 20, but the pattern says omh. Maybe. It is a beautiful pattern, with a leading diagonal, but last I checked, NQ did not overlap the wave ((iii)) impulse. Although, it is overshadowed by the previous high, the impulse is impressive, unlike ES, which appears to have comeback and overlapped with its wave ((iv)). A decline to 12922.25 would be expected, but if not, a health dip into the 14000 range followed by a reversal is what I am looking for, first things first. Could be a while, so we shall see on this daily chart. Best, CuzShortby CuzDelux0
Nasdaq (NQ) Looking to Find Buyers at Support AreaShort Term Elliott Wave View in Nasdaq (NQ) suggests that rally from 1.5.2024 low ended at 18121.5 as wave ((i)). Internal subdivision of the rally unfolded as a 5 waves impulse. Up from 1.5.2024 low, wave (i) ended at 17057 and pullback in wave (ii) ended at 16689.25. The Index then extended rally in wave (iii) towards 17793.50 and dips in wave (iv) ended at 17221.50. Final leg wave (v) ended at 18121.50 which completed wave ((i)). Pullback in wave ((ii)) is currently in progress with internal structure as a zigzag. Down from wave ((i)), wave i ended at 17911.25 and wave ii ended at 17963.25. Wave iii lower ended at 17586.75 and wave iv ended at 17791.75. Final leg wave v ended at 17542 which completed wave (a). Index then rallied higher in wave (b) with internal subdivision as a zigzag in lesser degree. Up from wave (a), wave a ended at 17933.5 and wave b ended at 17780.5. Wave c higher ended at 18026 which completed wave (b). The Index has turned lower in wave (c). Down from wave (b), wave i ended at 17717 and wave ii ended at 17903.50. Near term, expect the Index to continue lower and it can reach the blue box area of 17099 – 17454 before finding buyers. From this area, the Index can then resume higher or at least rally in 3 waves.by Elliottwave-Forecast5
NQ Range (02-16-24)Lift from drop 2 days ago has been sketchy or weak. The O/N continues to provide the lift while Reg Session sells off 1st. Not buying it, the Friday run up may happen (usually does on Holiday Weekends). White TL is Danger Zone and look for a drop or U Turn. Arrows will provide targets for pop or drop, no idea what is in store but looking at inside this range. I will update on Teams.by MAZingUpdated 8
NQ Weekly Levels (Feb12-16)Another strong week for the market as both NQ and ES hit new all-time highs, with ES closing above the psychological 5000 level. Mega-cap tech, along with small caps (Russell 2000 gained 2.6%), led the way. BTC also rallied, affirming the market's risk-on bias. The market, now highly extended, awaits this week's CPI report, small cap earnings & PPI data for continued bullish momentum. SUMMARY NQ made a new ATH with a gain of 1.99% after trading in a range of 517 pts. NQ broke above the 2021 high Look for bullish momentum to continue if price stays above the 2021 high (17706) Next upside target is the LTF 1.618 Fib X(18116) with room to the 1.13 Fib X at 18768. If price fails to hold the 2021 high (17706) a move down to the 21 ema (17455) is likely. A move below the 21 ema would make a trip back to 17000 likely. Earnings cont' with reports from growth names ABNB, DDOG, HOOD, LYFT, SHOP, AMAT, COIN, DKNG, ROKU, TTD as well as KO, DE, KHC & HAS Econ data this week includes CPI on Tues, Retail Sales on Thurs & PPI on Fri Potential for outsized move in either directio is very high Elevated terrorist/war risk with escalaton of conflicts in the Middle East. RSI 70 | VIX at 13 | 10 year 4.18% by WadeYendallUpdated 2
Another opportunity on NQAfter reanalysis in the previous idea that i published , I found another point of interest in the Nasdaq market My advice on the Nasdaq market is to buy ! CME_MINI:NQ1! Longby Omar0khascnadar00
Nasdaq 4 hour = mini crashI predict Nasdaq will go to Fino 64% , strongly advice put SELLSTOP in last low 17544 ( break it mean down trend will start) save in mind.long term = Nasdaq weekly chart target is 21000 so be carefull from sell(use 50% low size) only for Nasdaq and gold =keep monitor AC indicator on daily chart can Nasdaq go upper? yes if last high 1873 break ,up trend can continue, so 100% put sl on last high wish you big,stable profitShortby ramin_trader2006115
NQ - Weekly Sellside WarIn comparison to CME_MINI:ES1! , CME_MINI:NQ1! was much more uniform with the delivery, especially when the gap formed on Monday going into Tuesday was filled on Friday whilst CME_MINI:ES1! Thursdays candle exceeded the gap. I believe there is more pain to come from liquidating sell stops compared to buy stops as the overall sentiment is bullish with the technical proving it. From when the lows was formed on Tue 15th Feb 23 @ 15:00 US PM session, the retracement made was deep into a premium @ 17999.75 before brief rejection, with current price being below premium and now at a discount at 17721.50. Ruling out the possibility of running intra-day buy stops to accumulate more shorts is logical and is in the cards but 18121.50 is my last line of defence and I do not want to see a daily candle body close above it. 17415 is of caution 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 Short07:05by LegendSince0
NQ - Neutral - 3rd Week of FebruaryIf price breaks the weekly swing low, like it's going lower. Bias remains bullish until that low is broken. by imjesstwoone0
17400 very important for NQhello eveyone here we have opportunity to buy NQ CME_MINI:NQ1! Longby Omar0khascnadar02
NQ what is the outlook for 2024Looking at the January 2022 (Yellow Bars) and 2023 (Red Bars) moves and overlaying them onto 2024 chart we can clearly January corrects the seasonal or Santa rally the question then what happens after that, the convergence is at 15278/15560, that will be decision time. I will post a daily and weekly chart to see if i can answer the conundrum. by MarkLangleyUpdated 1
NQ daily outlook with nq posting all time high last week and we have friday closing in strong red showing bearish volume we can expect some down side movement so our point of interest if we break our poi we will see further down movement if we reject and have a daily closing above our poi we can target the previous high on the daily . thank you much trade responsibly trade at your own risk.Shortby mohamedhasen20051
NQ1! BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! NQ1! is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 17861.25 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
most simple strategy: timingbuying the NQ every day at 10 am expect wednesday and hold till close gained on backtest 90K for the last 6 month shorting the NQ from monday or tuesday close on a market above 200 ema and not rising and holding the position till next day 10 - 11 am showed some nice profits. Simply look at prior week during which days the biggest gaps happend then use this knowledge to plan the week ahead.Shortby responsibletrad8rUpdated 0
NQ forecast for week commences 19/02/24Inside to outside liquidity. Balancing the price and competing MMSM Shortby Piece220
I'm looking for lower prices going into MON and TUEWant to see price draw down into sell side liquidity on Monday or Tuesday we have been making all time highs I'm not bearish just expecting a retracement. If we start taking out lows on higher daily time frame then I will be bearish, until then indices to the moon!!!!! by Courtlandxx1
NQ september 23 clonelet say we clone september 15 option expiration move to the downside.....to me it fis very well the tipe of correction expected, the reason is that in anycase inflation is coming back for several reason. on jennuary 17 the price had an huge run to the upside leaving wednesday 16 closure open, at the same time market after FED decision was supposed to fall wich did not happen due to mega cap earningsby pas29110
$NQ - shows more weakness vs $SPX or $DIA 👇▹Today's candle is bearish engulfing w/ increased selling pressure. ▹Bearish RSI divergence + MACD + Stoch intact. ▹Rising wedge + vol shelf. ➢ I believe, next week it'll fail to hold 20ema & 🪂📉 by harrisonfromnyc1
QQQ to 20,000Tech is just super strong and though in the overvalued range, I think it is likely going to run up to at least 20,000 before summer based on the 1.6 fib extension. Now, I still think we need a confirmation of continued bullishness next week. If we continue above the trend line, then I see no reason that it does not stop until 20k. Longby Dr_RobotoUpdated 112
Using UT Bots sell/buy with the anchored vwap and 200 ema.Here I explain how to use ut bots buy and sells with anchored vwaps and the 200 ema.06:17by breakouthunter820