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Micro E-mini Nasdaq-100 Index FuturesMicro E-mini Nasdaq-100 Index FuturesMicro E-mini Nasdaq-100 Index Futures

Micro E-mini Nasdaq-100 Index Futures

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MNQ1! trade ideas

Futures Week 47 Monday AnalysisAs I see it the close target of both ES and NQ is the True Month Open. On both of the True Month Open there is a gap from previous Monday in 6h chart. The bullish movement that we had this week is supported by SMT between CME_MINI:ES1! , CME_MINI:NQ1! and CBOT_MINI:YM1! and 6h gap from previous Tuesday (Q2). I don't see any relevant higher time frame gaps that the price can encounter until the True Month Open so my current target is that. In my opinion CME_MINI:ES1! will get to the True Month Open first and will liquidate it, at the same time CME_MINI:NQ1! will get to a 90 minutes gap at AM session (Q3) and won't liquidate the True Month Open and we'll get a bearish SMT
CME_MINI:NQ1!Long
by eranelbaz
NQ1! WEEK OF 11/18/24NQ1! WEEK OF 11/18/24 To maintain simplicity, once the price moves beyond the WHITE range, monitor for a potential retest of the breached level. Be prepared to initiate long or short positions targeting the YELLOW ranges.While prices may surpass the YELLOW range targets, these levels provide a robust framework for securing profits. 🎯🫡 *These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
CME_MINI:NQ1!
by J3Trad3s
Nasdaq: Gains Driven by Data, Eyes on Key Events Next WeekNasdaq: Gains Driven by Data, Eyes on Key Events Next Week The Nasdaq ended the week on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year. Mixed Economic Data The past week brought a blend of economic data, with some encouraging signals and a few disappointments: - Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears. - Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector. - Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence. - S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector. Nvidia Shines Bright Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains. Market Sentiment and Seasonality The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability. Challenges Ahead While the current momentum is positive, the market faces significant tests next week with two major events: 1. FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024. 2. PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative. Lingering Risks In addition to the upcoming macroeconomic events, investors remain wary of: - Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth. - Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets. Soft Landing: The Baseline Scenario Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now. Conclusion The Nasdaq has shown strength, but next week’s FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening. What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
CME_MINI:NQ1!Long
by InvestMate
1
Nasdaq100, will it make double top in the new highs?so, nq100 has completed a nice upward trend making new highs and made a small pullback to the .786 just below the previous high. However, the previous high at around 20,900 didn't quite played as support after latest breakup. As i read it, the bulls a bit weakening this time, giving the players conditions (nvidia\ google\ etc) therefore, even if it break the current resistance and make the 21,300 as it next target, i would be cautions about its next moves
CME_MINI:NQ1!
by aloni-ta
journal 12 losing trade took lesson reason being news tricked me making me fear feeling of loss missing out on the big move entered terrible when market retested 20.846 actually had chances to get out taking minimal loss buy ego took over and lost 7% did not trade anymore but stayed to watch market move and if patient would've seen my exact move at 10:30 at 20.800 high above my bullish breaker and rode it to 15min high so lesson learned still ended the week good but today just fought old emotions lets just continue to be better next week you got this never chase again news or not , big moves or not
CME_MINI:NQ1!
by WinWithMello
$NQ Possible PM Session Buy *SMC*Edit: OOPS! I pulled the chart too far back when publishing. I would suggest looking at the chat with the high and the low of the day as well as including the asian session from yesterday. like this *Smart Money Concepts is the technical analysis that takes the opposite appproach of retail ttechnical analysis. Don't think as if you were taught the first time to trade. Think as if you're a market maker and can manipulate the market. In th 5 min chart of Nasdaq Futures. There's a small unbalanced candle that breaks the most recent high (Not a major high just a session mid-high). The bottom of that FVG is also the top of that short high that triggers liquidity at $20780.25 See Chart If price reaches int that FVG, I will jump in with a PM session silver Bulllet opportunity. Keep in mind. that you have two bearish breakers/order blocks on your way up. However, considering we haven't been breaking lows, I have a feeling the afternoon session will be going for breaking Liquidity in a high, above 20,905. and OANDA:NAS100USD possibly to the Top of the 1 HR Breaker. see chart. If it doesn't fall back into this area. I'll just sit n my hands and not risk chasing something I do not see that a institution would would do. Entry is 20791.00, Full Take Profit 20918.00 (Possibly banking two take profits along the way as it hits bearish breakers and moving the stop loss to even.) Srop loss will depend on time. If before 2pm NY Time then 20700.75. Be careful after 2 p.m. as price will have a tendency to move a lot faster and your stop loss could get hit in a matter of minutes. So I would shallow it to 20,780, and look for another entry Good luck and happy trading. CME_MINI:NQ1! OANDA:NAS100USD PEPPERSTONE:NAS100
CME_MINI:NQ1!Long
by BodiesXWix
8
NQ Power Range Report with FIB Ext - 11/22/2024 SessionCME_MINI:NQZ2024 - PR High: 20808.00 - PR Low: 20758.50 - NZ Spread: 110.50 Key scheduled economic events 09:45 | S&P Global US Marketing PMI - S&P Global Services PMI Retaining value inside Friday 11/15 range, below 20880 - Holding auction in week highs Session Open Stats (As of 1:45 AM 11/22) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 308.57 - Volume: 38K - Open Int: 273K - Trend Grade: Bull - From BA ATH: -2.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 21525 - Mid: 20954 - Short: 19815 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
CME_MINI:NQZ2024Long
by mv3trader5
journal 11 November 22 monthly bullish , weekly bullish , daily bullish , there is a easy 15min structure with equal lows im expecting these to get purged during London before we continue higher , following the same scenario , we get in once the buyside is taken out then we catch 2-3 am zone or 10-11 zone only when a breaker is formed , honestly feel good journaling has really kept my emotions in check not being excited when winning and not doubting myself when a loss incurs lets just keep duplicating this to end the year stronger i am grateful for the losses because they've brought me here
CME_MINI:NQ1!
by WinWithMello
journal 10November 21 monthly bullish , weekly bullish , daily bullish we again did again what i predicted during newyork taking out buyside liquidity followed my plan waiting for 10-11 am zone waited for the breaker and got in on the retest , up another 7% honestly this week was great , literally predicted most the moves did not react or chase price lost 1 trade and that was only because i didn't let the liquidity fully be taken and breaker be made feeling way more confident and not caring about missing the move (also the breaker is on the 1min)
CME_MINI:NQ1!
by WinWithMello