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NASDAQ 100 E-MINI FUTURES

NQM2023 Chart for 4/20-4/21 S/D LevelsWe had lots of movement for bulls/bears today. For upside, still looking for a strong break up and close over 13227 (5M supply) into 13278 zone. For downside, I am looking for a pull through 13023 LOD and close under it. We have large demand area starting at 12998 to 12957. There is an overlap in this demand zone with multiple time frames so it would be interesting to see buyers step in there. Right below this area you can find a 3 hr demand waiting as well. Staying neutral tomorrow entering the market.
CME_MINI:NQM2023
by tradeswithjess
NASDAQ TRADE IDEA - A BREAK?Crown Club managed to maximise the sell off yesterday on the Head of the head and shoulders pattern. The market has been crazy moving sideways - the volatility is mainly caused from earnings and the wait of what the FED will do at the next FOMC meeting in May - remember that all the evidence we can gather now on where interest will be in the next FOMC meeting will influence the markets. 'Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time' - As a member of the FED, this statement from CNBC could potentially lead markets further down and with earnings out now we could see a potentially good window for investors and firms to grab profits while stocks are "doing good" - majority of retail traders would follow direction of the market and news, what do I mean by this? If APPL does good with earnings you would expect price to go through a bull run, all though this is still a possibility I see this as an opportunity for BIG investors to cash in profits - hence the recent volatility and consolidation. Be prepared for a lot of fake out and sl sweeps this week.
OANDA:NAS100USDShort
by crownclubfx
NQ UpdateMFI is still overbought and it has the same chart formation as the previous top. We might see more than just a dip Monday. I also posted FDAX chart, high probability of a gap down Monday anyways. We'll see. I don't expect the market to come crashing down like the bears, just playing the indicators. I think the market just whipsaws sideways all year, lol. Repeated pump and dumps. Just watch the indicators and trade when they tell you something. As for the trade, I might add some more puts EOD, just expecting it to whipsaw this afternoon.
CME_MINI:NQ1!
by hungry_hippo
10
NQ1! NAS100 NASDAQ 2023 APR 17 WEEK CME_MINI:NQ1! NQ1! NAS100 NASDAQ 2023 APR 17 WEEK 12950 was supporting the market well despite increase in distribution effort. Market participation was low though, and shortening of thrust from high to high observed = waning upward momentum. Possible scenarios: 1) Market stuck in a 250pt range, wait till supply/demand is resolved Then: 2) Breakout of upper boundary to test 13740 = long at support of upper boundary of range 3) Breakdown of lower boundary of range = Short on rejection of 12950 Volume Analysis: Weekly = Ave vol narrow spread up bar close off high = Minor weakness Daily: Higher vol narrow spread down bar close away from low = minor demand Price reaction levels: Short on Test and Reject | Long on Test and Accept 14361 13740 13550 - 137440 12950 10710 - 11068 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677