NQ: 120th trading session - recapAs always, everything is on the chart
Still working on my ranging strat...
MNQ1! trade ideas
50:50 ON NQ When CE IS hit at 2104.5 *SMC*Smart Money Concepts are the opposite of retail trading. Theres not short term resistance or Support. Why? Market makers will smash through those arease causeing the retail traders to lose on boths sides. So you have to think lie a market maker. So my Synopsis
1. It reaches the 1 hour FVG Above between 1:-1:30.(20,900?) Then its gonna start to It starts run down, and fall below the the short term liquidity level at 20,6950.25. (Target 1 I'm Taking 40%) The make its way down into the fairly big 1HR FVG. Those of us holding the NAS ETF's want to see it hit that consequential encroachment and leave room so it will star moving up faster. If it hits CE, I'm taking 30%, maybe 35%. Thats A smart Money Concept Possibility.
2. However th eway the daily bias has been going south and theres equal lows just below 20, 315. And hopefuly if it does get that low, thats the end of the day. ANd the we have the rest o the week to come back.
SMC Inversion FVG AT 20945
SMC Drop below and takes out retail liquidity
CE is where we start to pay attention on the next dirction, If it hits CE. MY BREAK EVEN IS 20, 600
WAIT O EE WHAT 2-3 PM BRINGS US
CME_MINI:NQ1!
PEPPERSTONE:NAS100
FX:NAS100
IG:NASDAQ
Possible?
Good luck
MNQ!/NQ1! Day Trade Plan for 01/13/25MNQ!/NQ1! Day Trade Plan for 01/13/25
📈 21074
📉 20660
1/2 way mark 📈 20970.50 & 📉 20763.5
Like and share for more daily NQ levels 🤓
*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.*
Nasdaq future forecastHere's a (NQ1!) Nasdaq 100 quarterly candlestick logarithmic chart. With a trajectory trend channel based off 20 years of price discovery history. And 4 year vertical lines based off US president terms. Plus, 1 year vertical lines to forecast the possible ROI range in the future. This 20 year trend is invalidated with a break of the support or resistance lines.
2025 close
high = 30,900
avg = 23,740
low = 18,000
2026 close
high = 35,600
avg = 27,600
low = 21,300
2027 close
high = 41,150
avg = 32,500
low = 25,250
2028 close
high = 47,900
avg = 37,800
low = 30,200
NASDAQ - Resistance with Fair Volume GapOn NASDAQ , it's nice to see a strong sell-off from the price of 21275.00. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Fair Volume GAP (FVG) and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
Short NQNQ closed last week in the bearish mode. Today it broke below previous week low. I'm looking for retrace to 1H up closed candles zone which should provide resistance. There are nice daily targets below in the form of relative equal lows = liquidity
Nasdaq under pressure and aims for 18'400NQ is being pushed down, and a rebound doesn’t seem possible at the moment.
There are some fundamental factors supporting this weakness. However, as a chart analyst, I focus on the signals within the chart itself.
What I see is a possible target around 18,400, which aligns with the L-MLH.
With the weakness of the MAG7, the Nasdaq is unlikely to make further gains. The options are sideways or down. The latter is what I trade according to the rulebook.
NQ Power Range Report with FIB Ext - 1/13/2025 SessionCME_MINI:NQH2025
- PR High: 21027.75
- PR Low: 20942.50
- NZ Spread: 191.0
No key scheduled economic events
Breaking below 21000 inventory pivots from Nov 27, Dec 20 and Jan 2
- Should peak the interest of both buyers and sellers (liquidity boost)
- Buyers expecting repeat rotation
- Sellers expecting bullish breakdown
- First full trading week since the week before Christmas
Session Open Stats (As of 12:25 AM 1/13)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 387.17
- Volume: 39K
- Open Int: 242K
- Trend Grade: Bull
- From BA ATH: -7.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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
The Market Matrix - Gold, Crude, Nasdaq & DXY for January12 2025This weeks edition of The Market Matrix.
Actionable insights for Gold, Crude Oil, Nasdaq & DXY.
#NQ #shortterm Bearish #Buy the dip #NQ! heading to short term bearish sign, if the price sink below 20800 that will push to retest 200ma & trendline support to attract more buyers to gain momentum.
#Buy the dip opportunity for Longterm. 19700-20000 levels
Weekly and Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower following the non-farm payroll data release. As noted in yesterday’s analysis, the possibility of a sharp drop in the third wave of selling on the 240-minute chart was highlighted and has largely materialized. The monthly 5-day moving average (20,880) emphasized this month acted as support, forming a lower wick.
On the weekly chart, the MACD has crossed below the Signal line, generating a sell signal. The index is positioned between the 3-day, 5-day, and 10-day moving averages above and the 20-day moving average below, suggesting the possibility of a range-bound market this week. If the market moves upward at the beginning of the week, it may decline later, and conversely, if it drops initially, a rebound may occur later in the week. The upper range is projected at 21,360–21,400, while the lower range is expected to be below 20,880. Flexible responses to early-week movements are crucial, especially with Wednesday’s CPI release likely to serve as a key turning point.
On the daily chart, the MACD and Signal lines remain below the zero line, making sell-side strategies near the 3-day or 5-day moving averages preferable during rebounds. Downward movement toward the 120-day moving average is possible, but there’s a strong likelihood of a rebound after forming a lower wick, so avoid chasing the sell-off. On the 240-minute chart, while selling pressure remains strong in the third wave of the downtrend, support and a potential trend reversal could occur below 20,700. Overall, a sell-on-rebound strategy is advantageous today.
Oil
Crude oil surged on the possibility of U.S. sanctions on Russian crude exports. As previously noted, oil continues to display a pattern of reversing trends and sharply rising from the bottom. In pre-market trading, prices have already surpassed $78, but with the significant divergence from the 5-day moving average, caution is warranted today.
On the weekly chart, the divergence from the 5-week moving average and the presence of previous highs around the $78 range suggest that even if prices rise further, chasing the rally should be avoided. The most favorable scenario this week involves buying on dips near the 5-week moving average, with corrections potentially reaching $73.4–$74.
On the daily chart, more time is needed for shorter-term moving averages, such as the 20-day and 60-day, to align with current prices. On the 240-minute chart, the MACD has formed a golden cross, generating a buy signal. However, if prices fail to surge further, divergence in the MACD could occur. Pay attention to potential sell signals and additional declines. As the rapid rise calls for a correction, prices are likely to consolidate around $78 during pre-market trading, making range-bound strategies favorable.
Gold
Gold surged on Friday due to reduced expectations of a Fed rate cut following employment surprises. On the weekly chart, gold has formed a bullish candle, breaking above key short-term moving averages. However, the significant divergence between the MACD and Signal lines suggests that surpassing the previous high near 2,760 will be challenging.
On the daily chart, the MACD is above the zero line, and the Signal line is trending upward, showing a buying trend. Buying on dips near the strong support zone at the 5-day and 60-day moving averages around 2,690 is a favorable short-term strategy. With additional upward movement possible, a buy-on-dips approach is recommended. However, volatility is expected to increase with Tuesday’s PPI and Wednesday’s CPI data, so plan accordingly.
On the 240-minute chart, strong buying momentum continues, with the RSI entering the overbought zone, making premature selling risky.
Weekly Overview
This week, early movements are likely to continue last week’s trends, with a potential inflection point around Wednesday’s CPI data. Manage risks carefully, and have a successful trading week!
■Trading Strategies for Today
Nasdaq - Bearish Market
-Buy Levels: 20,945 / 20,900 / 20,780 / 20,740 / 20,680
-Sell Levels: 21,110 / 21,210 / 21,310
Oil - Bullish Market
-Buy Levels: 76.55 / 76.00 / 75.60 / 74.60
-Sell Levels: 78.35 / 78.85 / 79.45 / 80.00
Gold - Range-bound Market
-Buy Levels: 2,713 / 2,703 / 2,695 / 2,685 / 2,677
-Sell Levels: 2,726 / 2,735 / 2,742 / 2,753 / 2,759
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are set as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
Wishing you a successful trading day!
If you liked this analysis, please follow me and give it a boost!
NQ Technical chartNQ Analysis
Examining the overall 4-hour trend, we observe a pattern in the downward and upward price movements:
Downward Move (AB): From 22,428.75 to 21,016.75.
Retracement (BC): The upward retracement of BC was exactly 78.6% of the total downward move (AB). Price action moved up to this level before rejecting.
Similarly:
After rejecting at 22,118.75, the price dropped to retest at 20,983.75.
This resulted in another upward retracement (DE) to 21,872.75, which again represented 78.6% of the previous downward move (CD).
On Friday, the lowest tick on NQ was recorded at 20,874.75.
If we apply Fibonacci to the most recent downward move:
The 78.6% retracement level is at 21,674.00, marking a potential area of interest above.
Below, the open areas of interest are:
78.6% retracement at 20,803.50
88.6% retracement at 20,605.75
This highlights key zones for potential price action and reaction points moving forward.
Monday NQ Price Action Prediction Key Levels to Watch:
Support:
20,803.50 (78.6% retracement): Critical support zone.
20,605.75 (88.6% retracement): Deeper support if the lower level is breached.
Resistance:
21,674.00 (78.6% upward retracement): Key resistance zone.
21,872.75: Previous swing high and secondary resistance.
Predicted Scenarios:
Bullish:
A bounce from 20,803.50 could lead to a rally toward 21,674.00.
Breaking above 21,674.00 may push prices to 21,872.75.
Bearish:
Breaking below 20,803.50 could trigger a drop to 20,605.75.
Rejection at 21,674.00 may signal continued downside toward support levels.
Possible 10% downside that would put it close to the correctionAs previously suggested, the charted course changed significantly with central geopolitical and selling pressure based on catalysts surrounding inflation fears; I feel that this discourse is similar, maybe with a hint of differentiation 21500
MNQ1! Sell SetupAn MNQ1! set up i found while going through this weeks data. Classic ICT 2022 model.
Nasdaq ranges to start the yearArea's of interest in the Nasdaq going to be the start of a volatile period for equity markets.
Nasdaq 2025 outlookAs we complete 2024 and the significant move we have experienced in the NQ this year, its time to have a look at the possible outcome for 2025. the ascending triangle suggests a topping pattern and as the Santa Claus rally completes and portfolio adjustments for year-end, I have to conclude that we will see a reasonable correction in January/February next year. I have drawn boxes to indicate my support and resistance areas. As we all have found out this year sentiment is a primary driver of markets but we are so extended and selling rallies is challenging. I don't believe in fighting the trend but look for a set-up that limits your risk, happy holidays and take care
MNQ Week Review 01/06/25 - 01/10/25 Price delivered precisely to the Daily Discount Draw on Liquidity which was the D BISI 50% quadrant at 20,875.75 underneath that nice triple bottom PDLs.
Now the question to ask is does price justify staying inside that BISI or will price cut through the BISI and continue to reach for the SSL at 20,640.00?
Lets continue to watch and see if price reverses or continues lower from here.
This week I got to experience first hand why its good to have a Directional Bias and why its a good idea to stick with it regardless of being right or wrong.
- First always remember as a traders we do not control outcome only our performance and if we get one day wrong then thats okay because its only one day in my trading career not my whole trading career. Also its very important to have methodology or an edge that can produce consistency as that will help aid the mental battle of missing trades or getting the bias wrong and not getting the framework to take a trade. In the beginning it might feel bad but keep in mind the game is not capital gain but capital preservation. If your methodology is consistent in terms of producing setups then missed setups or hitting SL should not worry you as there will always be another day to trade and get a setup.
-Another key thing I want to touch on is the peace of mind you get when sticking to your Directional Bias. When your looking for example only Bullish scenarios and ignore all Bearish ones then your not over here investing mental capital on a trade that you know is counter to the HTF Bias and could easily hit your SL. Watching price action also becomes enjoyable as well because you don't care to be right or wrong so if your right and your setup forms then take the trade and if your wrong then just turn the charts off and trade another day as there is plenty of trading opportunities through out the year.
MNQ! Prediction - Week of Jan 13th (Possible 4H Swing) Scoping out this possibitly of a swing for the week if Price action permits
Looking for Profile to develop where Mon/Tues will probably be the highs of the week with CPI data coming on Wednesday.
Documenting here but will be looking for daytrades following this behavior, have to see how Mon/Tue start out.
Nasdaq buys coming in uptoo 21400This week promises to be intriguing with the Non-Farm Payroll (NFP) release scheduled for Wednesday. My focus will be on Monday’s London session to potentially set up a buy scenario for Nasdaq, aiming for the 21450 level. I plan to approach Monday with reduced risk and lighter trading volume.
Tuesday looks more dynamic, as I’ll be targeting a short setup if the market reaches my key point of interest. The conviction to target 20680 remains strong, aligning with my overall bias. Lets wait and see how manual intervention takes action Happy Trading and trust your process.
Proverbs 16:3 (NKJV)
Commit your works to the Lord, and your thoughts will be established.
Weekly Profile: Classic Monday High of the WeekDocumenting my identifications of Weekly Profiles
This here is a Classic Mon/Tue high of the week - Price being in a Bearish trend on HTF makes early week push on Monday touching into the Premium FVG (BSL) above before continuing HTF trend and trading through the 1H PD Arrays plotted
DXY,SPX;NDX,GOLD WIf you look at my old DXY analysis, it can give you a hint. I mentioned that I'm still biased towards the downside for SPX and NDX. The AI hype is good, but in my opinion, it's causing more harm than good. Meanwhile, wars are ongoing, unstable democracies and many narcissistic people are causing trouble. In addition to all of this, racist parties and mindsets were hyped before WW2 as well.I just want to share:)In my opinion, there will be lightning-fast chaos, I just don't know when.
Prepare Nasdaq for Monday on weekend 25.01.11Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Briefing Results
Chart:
Buy Perspective:
No buy entry signals were triggered during session.
Sell Perspective:
While the initial blue ascending trendline break could have been a sell entry, the timing occurred outside of market hours (during the Asian, European, and U.S. sessions), rendering the move insignificant.
Thus, the sell entry was based on the extended yellow ascending trendline. Upon its breakdown, the target was exceeded, resulting in a total drop of 325 points and approximately $6,500 in profit per contract.
Daily Chart Analysis (Perpetual Contract)
Chart:
On the daily chart:
Lagging Span (Chikou Span):
The Lagging Span has definitively entered below the candles, suggesting a high probability of a trend reversal.
For a full reversal, the price must break above 21555.
Current Position:
The price is currently at 21016.
The Lagging Span suggests the potential for upward movement toward 21437 on Monday, barring further breakdowns.
Green Box:
Previously acted as a support zone, but the red box candlesticks broke below, creating new lows.
Ichimoku Cloud:
While the price has entered the cloud, it continues to close above the upper boundary, maintaining support for now.
Key Moving Averages:
Without a gap-up on Monday, the daily candle is likely to open below the 20 EMA and 60 EMA.
Major resistance levels are at 21090 and 21440, respectively.
March Futures Contract Analysis
Chart:
While largely similar to the perpetual contract:
The price closed within the Ichimoku Cloud.
Intraday trading on Friday even saw the price break below the cloud’s lower boundary.
Key Levels:
Resistance: 21213 (cloud upper boundary).
Support: 20930 (already broken once, so its strength as support is questionable).
Key Daily Chart Patterns
Chart:
Two notable patterns emerge on the daily chart:
Descending Triangle (Red Lines):
Height: ~6.8%.
The pattern broke downward on Friday, suggesting a potential target at 19594 (6.8% below the breakdown point).
Falling Wedge (Blue Lines):
While this indicates a corrective downtrend, a breakout above the blue box could signal a return to the highs or even new all-time highs.
Both patterns offer insight into market sentiment but require confirmation to act upon.
Monday Trading Strategy
Chart:
Buy Perspective:
Entry Trigger: A breakout above the green box + 21206.
Context: The price has shown resistance at 21206 following a rebound and subsequent decline.
Targets: Resistance levels are marked on the chart; verify specific price points on the chart’s left side.
Key Consideration:
Without a breakout above 21562 (light blue box), the overall trend remains bearish.
Any potential buy would likely be a temporary retracement within a broader downtrend.
Sell Perspective:
Recommendation: Monday may be best suited for observation rather than aggressive sell entries.
Risks: There are no clear support trendlines, and selling on a break of the previous low carries considerable risk.
Conclusion
The NASDAQ is a dynamic and unpredictable market where what appears to be a correction may not actually be one.
Recent declines can trigger panic among traders, but it’s critical to approach the situation with patience and a calm, strategic mindset. Avoid emotional decisions and focus on the bigger picture.
Trade smart and stay prepared for any market movements. 🚀
