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.
Price has reached upper resistance with MACD divergence.
If price breaks the fast MA and most recent pivot low -- taking a short to at least the median line.
Using the attack plan of ICT mentorship 2022, after today's analysis the market would be bearish due to the gap on the daily. after we took the buyside liquidity area, we waited for a break in the market structure and after that we should look for a gap where we will execute the trade.
Little trade idea. Seems like with the messy price action we have seen over the past couple of days, Equities might be reprimanded with one more trip down below to clarify for participants, does the market want a real rally, or just pump and chop dump fest. Irregularities dominated the price action in many assets I track this past week, but really, NQ has...
Looking for rebalance of price if price respects weekly resistance.
Broke trend on the weekly chart and now currently filling daily imbalances to the upside.
I am looking for lower prices by the end of may and mid june. for Q3 to be bearish.
Macros news:
Inflation Concerns: Inflation rates have been a major focus globally. Central banks in various countries...
Trade Plan NQ Futures: week starting May 5th, 2024
Based on the provided levels for the NQH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside or downside targets:
Weekly Pivot: 17847 Current Price: 18000
Upside Targets:
First Target: 18090
Second Target: 18348
Third Target: 18605
Downside Targets:
First...
Hello,Friends!
NQ1! is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of...
not true unless it is false, price prediction is all bade on the change of character followed by liquidity sweeps and buy side orderblocks, main expectancy is to sweep previous highs. sell side order blocks reversing to buy side smc/ict mix
NQ, along with other indices have been in a recent bullish run because of recent economic data and earning reports from the FOMC and the most impactful companies in the United States right now.
In the beginning of this past week, NQ has had a strong dump with price levels falling nearly 500 points (17900 to 17400) after a brief moment of consolidation. After...
13 October 2023 this move started at 10484.75 and peaked on 8 March 2024 at 18709.
The AI mania and perceived Fed 7/8 cuts took hold of the market. But even now that the potential for the 7/8 cuts have evaporated into maybe 0/2 the market continues to press higher. No meaningful correction has been seen, and after this week it's possible that we extend to the...
Hello ! Here is my setup for the next week on Nasdaq. Main trend is very bullish, but as you can see, there is a bearish short trend. Also, this flag is a continuous trend pattern, that's mean I'm more waiting for a bearish move. So first signal we have is this RSI print, next signal for enter in a short is a rejection of the price on this level (2 TP). If he...
I think MNQ will have a retracement at the beginning of the week to the zone I marked up between monday and tuesday and after that it could be mainly bullish for the rest of the week until hits the upper zone around 18100
