trend is bearish... if the price can't make a new high from here we will see a new low. the first post was been flaged by Tradingview CME_MINI:NQ1!
SEED_ALEXDRAYM_SHORTINTEREST2:NQ is currently at 16496(on 01/07/24) is expected to retrace towards 16760 before continuing downward bearish expansion. T1 target - 15920. If the bearish momentum is aggressive, T2 - 15415.
Would like to see Daily 2022 Model playout & target 20 Day Look Back Lows. Anticipation consolidation Thursday Reversal Weekly Profile.
NQ is a little bit late compared to ES. So I believe the break of structure on the Daily chart (as ES) is confirmed. So we're going lower, but first he possibly will comeback to the Daily Breaker Block and then going lower to close the volume imbalance around 16100.
Daily bias is bullish for the week with a rejection at the unicorn.
08/01-2024 Watch out for E-MINI NASDAQ-100 FUTURES (MAR 2024) My view on mondays areas
SKILLING:US100 next week's HVT setup for OSOK. #NQ #NASDAQ #ICT #FundedTrader #KilaWhale
NASDAQ waiting for Monday bears. Monday will be time to go down
The Greatest Depression has Begun. This post will look at the Nasdaq through the lens of ICT concepts. So what happened this week of 10/22/23. NDX broke the equal lows from May/June @ 14220 - and balanced a weekly Fair Value Gap by attacking the midpoint/CE of this weekly FVG. More importantly - by taking out the June lows, we now have a WEEKLY Market...
One of my favourite indicators 3 day pivot zone Gives you a great idea of the trend and when the market becomes incisive and the pivot zone Observe the strong trend that keeps you buying dips the topping pattern and reversal it is a great indicator for day trading and pivot zones for support, resistance or changes in direction, trend
First objective that area area of confluence suggested in chart one of the series (now in orange box). A break should see a test of the pink box and the 38.2% and 50% retracement area of the move from 10484. Sentiment is bullish analysts suggested higher (mostly) but I am not sure I don't think we have a run away train its going to be volatile for sure and I...
As price took higher liquidity, my focus would be to retrace lower before making a move higher, highlighted red as premium and green as discount, looking to see if nasdaq retrace back into the FVG highlighted in yellow, to officially see if it plays as an inversion FVG during the upcoming week.
Just a quick post with my levels for next week. I will be away on vacay so no updates. Sitting on support right now. If we see further downside look to the 55 ema for next support and downside target. Not out of the realm of possible to see a deep draw down into the 200 sma.
The 9 week rally continued into the holiday week. NQ and ES both finished the week green despite a mild sell off on Thur & Fri back to their respective 9 EMAs. NQ started the new year above the Jan 12th high 4% off the ATH. ES started the new year at the 1.13 Fib X & above the July 27th high just 4.2% off the ATH. Market is overbought but the ATH remains a strong...
NAZ is just struggling to get lower over past few days, will pop up to retest near 16700-800. Support at 16292 on Hold or hit for strong Long. I will update on Teams.
Currently the NQ is splurging out of the resistance level I drew but its set to settle down and reside
KLOD is 17111, ML O/N 17099, under is Short and above will float higher. H/S forming but probably nothing. Air Pocket below on MACD, but probably nothing as volume is too low unless some want to exit early. I will update on Teams.
CME_MINI:NQH2024 - PR High: 16469.00 - PR Low: 16450.25 - NZ Spread: 41.75 Key economic calendar events 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices Continuing to decline into prev ~16400 supply Evening Stats (As of 12:05 AM) - Weekend Gap: +0.09% (filled) - Gap...