$NQ seasonal tendency seasonal tendency is kicking in! What are your thoughts??Longby KeclikkUpdated 4
Today's analysisI 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.Shortby TheNightB3
NQ Power Range Report with FIB Ext - 5/16/2024 SessionCME_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 CPI numbers Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 251.45 - Volume: 22K - Open Int: 250K - Trend Grade: Bull - From BA ATH: -0.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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
NQ1!, big pictureAs 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 similar points in their wave structures, although I find the Nasdaq to provide the most clarity at this point. I suspect wave (5) of ((5)) will complete within the next 12 months.by discobiscuit3
NQ Ready For A Major 15-30% Short Campaign?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 long drawn out bull cycles, such a thing does not move without making noise. This is a daily chart of the Nadsaq futures market giving plenty of clear indications a change of trend is likely brewing. Looking at past bull cycles we can see the same thing that presents in any chart in any time frame as a trend chages. Measurable exaustion in momentum... The curve is the clearest form of measurment when looking at time vs and how value is gained vs time. As the trend progresses the advances get smaller and shorter lived as can be seen looking at the small yellow curves on the bottom side of the small runs in both bull cycles. Each push up gets progressively smaller and ends faster. This loss of momentum is visable looking at the overal highs of the trend and represented by the large curve. The scale in the middle of this chart is an octive scale using the initial impulse range off the last bottom. For what ever reason the 5th level is a very common reversal level on large and small trends alike. In laymen terms the rate of returns is diminishing over time until it hits zero and the trend changes.... A decline may or may not come but the chart is clearly indicating you are in serious bear country and need to be on gaurd for hard fast moves to the down side in such a size that once they begin you will wait longer to sell on a recovery that doesn't come until prices are much much lower. Some leading individual tech stocks are also showing top signals forming this year and last year. Tesla's top came early as it was leading and producing the most gains, Apple currently looks like it is forming a massive top and ready for reversal. Nothing wrong with any of these assets and likely nothing wrong with the companies, just something wrong with buyers engaging in a positive feedback loop with a freshly printed supply of cash... Trade Well... Your Friend, Degen Shortby Degen-DynastyUpdated 2212
NQ - trading session no.54:00pm - 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)by GRBmlr1
NQ Weekly Levels (May13-17)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 a 1.19% gain last week after trading in a 365 pt range. NQ pushed up to the 786 Fib retracement then pulled back to the descending trendline. R2 = LTF 886 Fib RT (18519) R1= LTF 786 Fib RT (18355) S1 = LTF 618 Fib RT (18082) S2= 2021 High (17957) Price has completed a measured move into the 786 Fib. Bearish Harmonic pattern now in play with completion zone at 18519. Heavy week of econ data ahead with PPI on Tuesday, CPI on Wednesday and Powell speaking. Notable strength in defensive XLU & XLP sectors Earnings from big retailers WMT & HD due out. Sell in May effect in play. RSI 56.97| VIX at 12.56 | 10 year 4.50% by WadeYendallUpdated 4
Nasdaq100(NQM2024)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.Longby amirelr0
Wednesday Market AnalysisHello 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.Shortby TheNightB1
NQ Power Range Report with FIB Ext - 5/15/2024 SessionCME_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 - Daily print showing momentum on return to March, early April range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 247.17 - Volume: 17K - Open Int: 245K - Trend Grade: Bull - From BA ATH: -1.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 mv3trader50
2024-05-14 - a daily price action after hour update - nasdaq 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 the CPI number can surprise upwards as well, went up significantly today and I think the odds that the markets will shake off the risk again, are low. nasdaq e-mini futures comment: Not as strong as dax since we are still 270 points below the ath but odds are decent that we get there. Measured move target could be 18600 but it’s so close to 18708, that the ath will be the logical magnet. current market cycle: bull trend inside bigger trading range key levels: 18000 - 18708 bull case: Bulls got the obvious magnet above with the ath and since today had an amazing reversal, everyone expects the market to get there. Clear 2 pushes up so far and a third could bring us to 18600ish and then some. A minor pull-back is expect but not lower than 18330. If it would stay above 18360 would be more bullish. bear case: Bears got exactly to the 50% pull-back target from the ath to the last major low. Since the trap was so big, I expect bears to step aside enough for another big push up. Bears hope CPI comes in hot and I expect that even if market does rally, strong bears will probably hold onto shorts and add higher again at around 18700. If bears can push this below 18330 before cpi, this is something else and my thesis is wrong. short term: up - at least 18600 expected but decent chance for new ath above 18708. medium-long term: Bearish - 16500 over the next months and probably 15000 in 2024. trade of the day: The reversal was strong enough for a second leg and the pull-back bar 11+12 was also shallow so bar 13 war a decent signal bar and going long above would have been good for 76 points. Buying the reversal bar 8 was also reasonable because it was so strong but market stalled at the 1h 20ema so not as high probability as it could have been.Longby priceactiontds0
NQ - trading session no.44.10pm - ~5.08pm many good trades today! -tighter SL? ---> not asking too much from price ---> tight TP I DIDNT MOVE ANY SLs TODAY!!!!!!!!!! PnL: +1 RRby GRBmlr1
Market Analysis 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 PpiLongby TheNightB1
NQ Power Range Report with FIB Ext - 5/14/2024 SessionCME_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 Stats (As of 12:25 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 246.07 - Volume: 13K - Open Int: 240K - Trend Grade: Bull - From BA ATH: -2.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 mv3trader50
NQ/QQQ - Trade Setup Ideas for Short TermNQ 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. by AdvancedPlays0
no action today 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.Longby Courtlandxx0
NQ - trading session no.34.10pm - 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 by GRBmlr1
Price is definitely going to take out equal highs today sometime the equal highs at18350.75 WILL be taken out Im confident in it Longby Courtlandxx0
Micro E-mini Nasdaq 100-Index Futures AnalyzeHi folks. That's the analysis for today. We do not have any high impact news that can affect our market. I want to inform you that today we are bullish. After he takes the sellside or enters the FVG, you must look for a break in the market structure and enter the trade. I hope you enjoyed your weekendLongby TheNightB1
NQ - Short And SweetNQ has been relatively rangebound for the past 4 days, with Friday sweeping buystops before closing as a shooting star inside of all the other candles. It’s challenging to agree with one side of the market place but as we have witnessed a rejection from the 50% PD array @ Fridays 10am US session capitulation, a lot of pain from bullish participants who are long with their stops below short term and intermediate term lows. Therefore, $18,245.25 is my first point of call $18,207.50 is my second point of call $18,188.50 is my third point of callShortby LegendSince0
NQ Power Range Report with FIB Ext - 5/13/2024 SessionCME_MINI:NQM2024 - PR High: 18249.50 - PR Low: 18229.00 - NZ Spread: 46.0 No significant economic events Low vols continue to start the week - Holding inside prev session range above the close - QQQ gap below ~437 Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 259.08 - Volume: 16K - Open Int: 238K - Trend Grade: Bull - From BA ATH: -2.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 15m - Potential Paths for This WeekNQ failed on a breakout attempt last Friday morning. It hit the top end of supply and trendline resistance at the same time, right before consumer sentiment data was released. Price precedes news. Here are some bullish and bearish scenarios I'll be watching for this week.by AdvancedPlays2