NQ! weekly/monthly outlooknow thats the body close candle im anticipating. external liquidity taken. we can still go up but i will be watching for reversal from hereShortby Trade_with_ICEUpdated 1
a daily price action after hour update - nasdaqGood evening and i hope you are well. Bears making lower lows but bulls buy them. That means prominent tails above and below bars and you have to be humble about your scalps. Markets don’t go from big bull to big bear trend and betting on breakouts after mind boggling rallies is low probability and a losing strategy. nasdaq Bears tried all day to get the market down and bulls just bought the last hour to reverse 12h of price action. After hour spike was big enough for many stops and we will probably range between 17400 and 17800 the next days. Nvidia’s earnings were happening while i typed it. Interesting bar from 17409-17618. But also changes nothing. Market is looking for the next trend and we keep ranging until a strong one has formed. It’s up and down and down and up. Confusion is the hallmark of a trading range. I think anything above 17500 is an incredible short opportunity. This spike might just retest the bull channel breakout and will be faded hard. Don't be exit liquidity at these highs. bull case: Bulls bought 17400 and had a very strong close above the 1h 20ema. They now want a higher high above 17620 to stop the bears from making lower lows. Since the selloff was around 700 points, i expect some bulls who scaled in lower, to exit their longs along the way and the best the bulls get is another lower high below 18000 and first they need to close above the daily 20ema too (around 17570). bear case: Bears want a lower high below 18000 and preferably below the open of the week 17722 to keep late bulls trapped. The month is almost over and the close of this months bar with the new ath is very important, if bears manage to close it below the old ath 17716, it’s a sell signal. They want the tail above to be as big a possible. Anything below 17300 would give us a bloodbath March. short term: sideways - probably inside a range 17400 - 17700 (ignoring the after hour spike for now and wait for globex open). open of the week was 17722 and spike high was 17683 medium-long term: down - what would change that? two consecutive daily closes above 18300. trade of the day: just short since EU open - 15m 20ema was resistance until the last hour and you had to get out on bar 58Shortby priceactiontds1
NQ Range (02-20-24)NAZ is near 400 points lower than Friday O/N High, look for retest back up some prior to next drop. KLOD is 17820, O/N Range in Blue and SZ's are channels that may be targets for turns. Need to see if Reg Session starts the day out with selling or buying, selling has been the pattern (look for the opposite, then selling). I will update on Teams. by MAZingUpdated 6
$14 away from 100k Funded accountCME_MINI:MNQ1! Another buy, same criteria as last buy . Long01:16by TheBackpackTrader0
MNQ SELLCME_MINI:MNQ1! 1. Price reached a major Price area. In Fact, there were 3 Logical Profit Objectives that were hit soon after market open which indicated to me that there was strong support at that area. 2. I entered the buy after price reversed off of that support level. 3. Took profits at one of the Logical Profit Objectives (Fibonacci Exapansion) after price made an ABC leg for me. Long07:01by TheBackpackTrader0
Who can stop the rise of the Nasdaq?Who can stop the rise of the Nasdaq? Welcome to my weekly article. As usual, in this article we will do a comprehensive overview of the most relevant stocks and futures of the moment. Today's topic will focus on indices and Bitcoin. Last week, various indexes in Western stock markets set new records, driven by good corporate results and the prospects for artificial intelligence. However, price news in the United States is not so positive: inflation and producer prices in January were too high to support hopes of a quick rate cut. As a result, investors are having to test their optimism as the end of the quarterly earnings season approaches, with Nvidia's results expected on February 21. Currently, there is little concern that interest rates may not be lowered this year. Apart from China, markets are showing no signs of declining, mainly due to the use of artificial intelligence. The Nikkei index has been driven in particular by this sector. The price of Bitcoin (BTC) continues to rise, registering an 8 percent increase since last week and reaching $52,200 at the time of this writing. A major factor contributing to this growth is the increase in investments in Bitcoin Spot ETFs in the United States, with record net inflows of $631.3 million in a single day on Tuesday. Currently, about 90 percent of Bitcoin holders are in an unrealized profit position at this price level. Ether also followed the same trend this week, even surpassing Bitcoin as the most profitable cryptocurrency and rising 12 percent to reach the $2,800 mark. Records of $73,000 are not far away, and we may already reach them this year. Looking at the indices, I notice that investment banks are recording several positive updates. According to Goldman Sachs, the benchmark S&P 500 index could reach a high of 5,200 by the end of the year, representing a 4 percent increase from current levels. This forecast is based on the rising earnings outlook of companies listed in the index. Previously, the broker had estimated that the index would reach 5,100 by the end of 2024, but recently increased this forecast to 4,700 in December, considering slowing inflation and the U.S. central bank's expectations for a rate cut later this year. As I always say, these updates are not very useful, as they always come later and not earlier. Artificial intelligence is currently one of the most promising and growing sectors, but it could also be the cause of a possible market slowdown. The financial results of a major company in the industry, NVIDIA, are expected this week. The earnings report will have a strong impact on the NASDAQ index, as the company's performance greatly affects the index's movements. The market is demanding outstanding results from Nvidia stock this quarter, the pivotal time for the company. Even a good performance in the quarter could disappoint investors and have a negative impact on the market. A technical analysis of the Nasdaq can be useful to guide our trading. If Nvidia stock performs poorly and Nasdaq futures violate the 100-day exponential moving average at 16700 points, we might consider a bearish position. Currently, I am avoiding investing in these indices that are too expensive. Instead, I am focusing on the Chinese index and individual stocks, which, in my opinion, offer an excellent balance between risk and return. I look forward to sharing with you the most interesting stocks of the moment in the next article!by Antonio_Ferlito1
NQ Power Range Report with FIB Ext - 2/21/2024 SessionCME_MINI:NQH2024 - PR High: 17590.75 - PR Low: 17563.25 - NZ Spread: 61.5 FOMC day 14:00 | FOMC Meeting Minutes Sold to 17550 inventory zone - Volume returned to avg Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 236.34 - Volume: 22K - Open Int: 286K - Trend Grade: Bull - From BA ATH: -3.1% (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 by mv3trader51
as expected price delivered like i say it would we took the sellside on the 4hr... Going into tomorrow im watching to see how price reacts to the FOMC 2:00pm EST news its a 2 stage event the Judas swing (which is a fake move) then the real move by Courtlandxx2
HL in for NQ?#NQ_F two-legged pullback (an abc correction leg) has been completed. Bouncing off of the 70% retracement + 4H FVG from the beginning of this month. If a HL were to be formed, I believe 17450 is it. Larger time frame second entry long at play.Longby AmpedTrading0
NQ Weekly Levels (Feb20-23)Here's a late post of my weekly levels for NQ. Price already flushed the Feb 13th low but recovered back above it today. If price cannot hold the Feb 13th low look for a retest of today's low. Market clealy nervous going onto FOMC minutes and NVDA earnings tomorrow.by WadeYendall113
NQ HTC-ISB8 perfect set up this morningThe HTC-ISB8 indicator gave you a signal this morning and was filled shortly after. You may notice a buy signal was printed on the candle that entered the short, I moved my SL for the short to the entry point of the long trade but it was never hit. I went into a little drawdown before hitting my TP for 35 points.Shortby HagenTradingCo110
Capitalizing on a Downward Trend: Using this indicatorDescription: In this comprehensive analysis, I'll walk you through my thought process and strategy for identifying a potentially lucrative short-selling opportunity on the NQ ticker, leveraging the insightful "Custom EMA with Color Fill" indicator by Pablo The Transparent Trader. This indicator has been specifically designed to cater to the needs of swing traders, providing a clear visual representation of market trends and momentum through a color-coded Exponential Moving Average (EMA) and a distinctive color fill between the EMA line and the current price. The Hypothesis: My strategy hinges on a simple yet powerful observation: if the current 2-day candle on the NQ ticker closes below the trendline and beneath the EMA—specifically within the red background of the indicator—it signals a strong bearish momentum. This scenario suggests that it may be an opportune time to consider a short position (you could consider using inverse ETFs instead of shorting). Entry Strategy: Upon the 2-day candle's closure below the critical levels mentioned, I plan to enter a short position. This decision is backed by the indicator's visualization, where a red EMA line and a red fill between the price and EMA indicate a downward trend, suggesting that the market might continue to move lower. Risk Management: To safeguard the trade against unexpected market reversals, I will set my stop loss just above the most recent high. This placement ensures that my trade is protected from significant losses should the market direction change unexpectedly. Profit Taking: In terms of profitability, I aim for a 2 to 1 ratio between my risk and reward. This means that for every unit of risk I take, I expect to gain twice as much in return. This risk-to-reward ratio is not only a testament to the strategy's potential profitability but also underscores the importance of disciplined risk management. Indicator Insights: - Configurable EMA: The ability to adjust the EMA length allows for flexibility in analyzing different time frames, making this indicator suitable for various trading strategies. - Visual Trend Indicators: The color-coded EMA line, alongside the color fill, offers immediate insights into the market's direction. A red EMA and fill signify a downtrend, guiding traders towards short-selling opportunities. - Trend Strength and Entry Points: The distance and the color fill between the price and the EMA provide valuable information on the trend's strength and potential entry points. A wider gap suggests a strong trend, while a narrowing gap could indicate a trend reversal. In conclusion, the "Custom EMA with Color Fill" indicator is not just a tool for visualizing market trends; it's a comprehensive strategy guide for swing traders looking to capitalize on short-term market movements. By following the outlined strategy, traders can make informed decisions, backed by a clear understanding of market dynamics and a disciplined approach to risk management. Whether you're a seasoned trader or new to the scene, this analysis should provide you with a solid foundation for navigating the NQ ticker's volatile waters. Shortby Pablo_The_Transparent_Trader1
MNQ SellCME_MINI:MNQ1! 1. At market open, there was a big drop in price with a small retracement, so I used fibonacci expansion levels to determine where I would take profit at and that is where you see me take profits at when it hits that level. 2. We were in a downtrend on the 30Minute and 1Hour Timeframes.Short09:01by TheBackpackTrader0
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