Scenarios Intraday for Nasdaq (NQ) - 7th October 2021
Analysis of Options flow with our tools alongside with combining modified Pivots strategy (based on Volume and Options flow), would trigger to automatic set up Intraday Levels posted on chart. When combining it with VSA Sequences Scanner and Volume Zones (blue rectangles), it leads to have present x-ray picture (or simply a map) of instrument for Intraday Trading. Please find trading ideas marked on chart - beginning of arrow is trigger point and end of arrow points Take Profit level. When combining places marked on chart with dynamic results coming as signals from VSA Scanner, you would have complete Trading Suite at your hands :)
Coming back to situation on NQ - we're after nice Bullish Run. First possibilities to Shorting NQ are after passing Gamma 0.25 level at earliest. It's hard to predict when next Bullish moves can happen, but Gamma 0.5 is very strong Resistance Level so after passing it we can try to place Long Positions with Target on Extreme High of Day. NQ opened Overnight session relatively close to yesterday High, therefore I don't expect going as low to bottom Demand Zone (green box), but we need to be prepared for different scenarios.
Good luck!
Coming back to situation on NQ - we're after nice Bullish Run. First possibilities to Shorting NQ are after passing Gamma 0.25 level at earliest. It's hard to predict when next Bullish moves can happen, but Gamma 0.5 is very strong Resistance Level so after passing it we can try to place Long Positions with Target on Extreme High of Day. NQ opened Overnight session relatively close to yesterday High, therefore I don't expect going as low to bottom Demand Zone (green box), but we need to be prepared for different scenarios.
Good luck!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.