Market Forecasting of NasdaqThis is not a financial advice or a suggestion to take a trade. But rather a personnal opinion about the Nasdaq Index. In fact the previous week was a bullish one , thus we expect that the next week will also be a bullish one.by yvanolinga0
A PLAYBOOK SETUP FOR NASDAQ We can expect a Head and Shoulder pattern formation at 19,100 and a Sell off to 18700. Shortby titovic0
20240607 NQI anticipate more downside. Opening range is to show if there will be any retracement to the upside before the main move to the downside. AMS SB is the time range to look for the framing short setup. DOL is D VI to the downside. Shortby Yoo_CoolUpdated 0
NQ expectation for the month of June.We already finish the first week of June where distribution took place and a retracement or consolidation old come in and take price to the 2.0 and 2.5 STDV level where reversal cold be expect it.Longby thekevin2460
NQ - trading session no.204:00pm - 5:00pm veri gud trading session today - dont take dumb trades (crazy advice) - focus on pullback entries when its not choppy! - work on your SL placement PnL: +1 RR (possible +2 RR?)by GRBmlr1
NQ Power Range Report with FIB Ext - 6/7/2024 SessionCME_MINI:NQM2024 - PR High: 19081.25 - PR Low: 19058.25 - NZ Spread: 51.5 Key economic calendar events 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate AMP temp margins increase for jobs numbers vol expectations - Holding value near ATH inside prev session range - Holding just above Wed high Evening Stats (As of 2:15 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 238.15 - Volume: 17K - Open Int: 244K - Trend Grade: Bull - From BA ATH: -0.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 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
NQ - trading session no.194:00pm - 5:00pm some good, some bad and one missed trade gotta lock in and conccentrate PnL: -1 RRby GRBmlr1
NQ Power Range Report with FIB Ext - 6/6/2024 SessionCME_MINI:NQM2024 - PR High: 19097.50 - PR Low: 19071.75 - NZ Spread: 57.75 Key economic calendar event 08:30 | Initial Jobless Claims Strong trend to a new round of ATHs - Pausing above prev session high Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 248.72 - Volume: 23K - Open Int: 249K - Trend Grade: Bull - From BA ATH: -0.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 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 mv3trader51
Nasdaq $NQ EoM ReviewSimilar to ES, NQ has printed highs @ $19,023 before a minor retracement occurred. Buystops in question: $19,023.25 Sellstops in question: $18,241.25 by LegendSinceUpdated 2
2024-06-05 - a daily price action after hour update - nasdaqGood Evening and I hope you are well. overall market comment Bulls owned the markets today but when you zoom out, almost all are still inside their given ranges, new ath or not. Sp500 and NQ are pumping while dax and dji are still looking more bearish than bullish on higher tf. The only interesting question now is, if bulls can get follow through tomorrow of if this was a buy vacuum to the obvious magnets and we will now see a nasty reversal. Since this rally is done by basically one stock, I do think the chances of a reversal are not as low as most think. For NQ my assumption is that this was a higher high major trend reversal and 19060/19100 could be the high. I see those chances much higher than a breakout above the bull wedge. But I’m very open to the possibility that the melt-up continues and NQ will go to 20000. Commodities are still inside their trading ranges and nothing changed for them. Gold is inside the given range and Oil had the first green day after 5 down days. nasdaq e-mini futures comment: Let’s use the daily chart here for my points. Very big bull bar today which confirmed the bull flag breakout from yesterday and we printed a new ath. Now what? We have the very big bull trend line which could lead to 19500 and the bull wedge which could make us reverse here. It was the fifth push up and a climactic one at that. I would only consider more longs here, if bears capitulate and we do not print red bars at all. If bears show up and enough bulls take profits, will see 18600 again soon. current market cycle: trading range (yes, even with the new ath. if bulls get follow through, I’m obviously wrong about that) key levels: 18200 - 19084 bull case: Bulls want follow through tomorrow to completely erase all bears and print 19400/19600. My line in the sand for them is 18950. If we drop below that price, I do think chances are better for a reversal than another break above. Invalidation is below 18950. bear case: Bears did not keep it below 18750 and we got higher prices as I expected, if bulls break above. Now bears capitulated today and we saw a buy vacuum to the old ath and printed a new one. I am not sure if bears will step aside for more upside or if they try to get this down again and trap late bulls. We will probably have an answer tomorrow or Friday, since we also get many bigger news releases which can turn this to either direction with another big move. What I don’t expect is that we spend much time at this price. We either melt-up more or reverse strong. Invalidation is above 19110. short term: Neutral. I want to see if bears jump in here or we move much higher. Above 19110 the odds for 19400 are great. Below 18950 I think bears could get it lower again. medium-long term: Bearish - 16500 over the next months and probably 15000 in 2024. —unchanged current swing trade: Started building small short position 19039. If we strongly break above 19110, will cover and wait. trade of the day: On the 15m tf: Two legged pull-back at the open which were all bullish bars to go long if you weren’t already. Market stayed above the 15m 20ema since 1h after the EU opening.by priceactiontds1
NQ - That's about it?When NVDA surpass AAPL in market cap, the clown fiesta is ready to conclude itself. The ration of $CME_MINI:NQ1!/CBOT_MINI:YM1! has far surpassed its high back in the dot com crisis, and the collapse is a matter of time. When we have both S&P and Dow Jones underperform Nasdaq that much, and we have a crazy high concentration on mega market cap companies, it's obvious a huge pullback, or recession, is on its way. Not only the "Mag 7", Nasdaq is solely a casino for "semiconductors". Everything else is seriously irrelevant to the index movement at all. Thus, I believe this shall be the ultimate chapter for a crazy long bull run, and bears will be back. Shortby Kujo_Qtaro0
NQ - trading session no.184:00pm - 5:00pm session today was alrighty; some mistakes but whatever - PLEASE BE CAREFUL!!! - listen to your gut PnL: +1 RRby GRBmlr1
NQ longNQ is ready to continue it's trend to the upside! Let's hold the moving averages and see what's nextLongby RonRon76430
NQ is BACK lolAfter falling from the channel NQ is finally behaving normally. What's next?Longby RonRon76430
NASDAQ MMBMWeekly SMT, Support from weekly FVG, possible targets PWH and BSL. Longby federalSuccess35a830
E Mini FuturesHello folks. I want to let you know that today we are bullish but I would like you to pay attention because today we have 3 or 4 news items that have a big impact on the market. I'll keep you posted in case anything changes.Longby TheNightB3
NQ Power Range Report with FIB Ext - 6/5/2024 SessionCME_MINI:NQM2024 - PR High: 18720.25 - PR Low: 18695.50 - NZ Spread: 55.25 Key economic calendar events 08:15 | ADP Nonfarm Employment Change 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices 10:30 | Crude Oil Inventories Volatile volleyball PA prev session - Edging current week's high, above Friday's high - Returning to prev week's range - Prev session closed as inside bar Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 241.33 - Volume: 21K - Open Int: 240K - Trend Grade: Bull - From BA ATH: -1.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 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
NQ correction?It looks to me like we are at the top of wave 5 and about to do an ABC down. RSI overbought stochs MACD weighted also overbought by dryanhawley0
Asia Session Idea 06-04From the 15m TF, we see NQ rejecting the bearish FVG. If you drop down to the 5m TF you can see it doing the same with a 5m bearish fvg, while using a 5m bullish FVG as support. If NQ trades above the CE of the bearish FVG (around 18,736), I will consider taking longs to Asia highs (18,746) and New York Session highs (18,753). If it trades into the bullish fvg CE (18,723) & closes below it, I will consider taking shorts to Asia lows (18,696). Confirmation for me to take a trade is a strong candle close above or below the zones i've mentioned. by blueskripsUpdated 111
Hello, traders!Today, I took on a trade with the MNQ (Micro E-mini Nasdaq 100), and let me tell you, it was quite the rollercoaster. As always, I'm here to share my journey, insights, and lessons learned from the trenches of the trading world. So buckle up, and let's dive in! The Setup The day started with a promising setup on the MNQ. The charts were looking good and my strategy was giving me all the right signals. It was one of those moments where you feel the thrill and excitement of the market pulsing through your veins. I entered the trade with confidence, ready to ride the wave to a solid profit. The Rollercoaster Initially, everything was going according to plan. The price was moving in my favor, and I was watching my position grow with satisfaction. It felt like I was in perfect harmony with the market, and the rewards were just around the corner. But, as every seasoned trader knows, the market has a way of humbling even the most confident among us. Just when I thought I had it all figured out, the price retraced. It was like watching a tide that had been steadily rising suddenly pull back, leaving me high and dry. The Pivot Despite the setback, I didn't panic. There's a method to the madness of trading, and part of that method is staying calm and sticking to your strategy. I reassessed the situation, adjusted my positions, and tightened my stops. The market can be unpredictable, but preparation and adaptability are key. The Outcome In the end, I managed to take home a small profit. It wasn't the massive win I had initially envisioned, but it was a win nonetheless. More importantly, it was a testament to the importance of staying disciplined and not letting emotions drive your decisions. The Lessons Every trade, whether it ends in profit or loss, is a learning experience. Here are a few takeaways from today’s adventure: Stay Flexible: The market is constantly changing. What looks like a perfect setup can quickly turn. Be ready to adapt. Keep Emotions in Check: It's easy to get swept up in the highs and lows. Maintain a level head and stick to your strategy. Small Wins Add Up: Not every trade will be a home run. Consistent small profits can accumulate to significant gains over time. Conclusion Trading is a journey filled with ups and downs. Today’s trade on the MNQ was a reminder that even when things don’t go exactly as planned, there is still a method in the madness. Every experience, good or bad, is a step forward in the grand scheme of trading. Keep pushing, keep learning, and most importantly, keep trading smart. Until next time, may your charts be green and your trades be profitable. Lord MEDZ 18:19by Skinwah0
NasdaQ Day 04/06/24 The therapist says i need to express more. Anyways,(my) daytrading levels on the Nasdaq for today. Absolutely loving 18483.25. Loving 18686 even more; Planning to trade both/either side with these levels today; Also incorporating QQQ options, if price allows us. If you see These levels and understand: Holla If you have a different idea/opinion, let us hear it Some wise ass told me," trading should be viewed like getting on a bus and get off at your stop. No need to reach the terminus.... Happy trading! by lucrativebrosUpdated 2
NQ 2hr breakout NQ created a base since Friday's bullish divergence played out. Now we have a breakout but let's see what happens at this major pivot!Longby RonRon76430