MNQ1! trade ideas
2025-07-02 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Big down, big up. Clear trading range. Play it until broken.
current market cycle: bull trend on higher tf but trading range on the 1h tf
key levels: 22500 - 23000
bull case: Bulls want 23000. Nothing changed. Bulls buy every dip below 22670 and until that stops, we stay at the highs and chances of higher prices are greater than a deeper pullback. I have no targets above 23000 though.
Invalidation is below 22500.
bear case: Bears not doing enough and have to scalp out or their profits disappear. They need a strong 1h close below 22500 for more downside but for now markets are continuing to ignore every bad news and the structure is as bullish as it gets on the daily tf. Bears are barely making money, so try to look for easy longs.
Invalidation is above 23200.
short term: Neutral but I still expect 23000 to get hit and maybe some more squeeze above. Zero interest in shorts and longs only for scalps and small. It’s still overbought and a deeper pullback is expected over the next days.
medium-long term - Update from 2024-06-29: No change in plans. I expect 20000 to get hit over the next 3 months and maybe 19000 again.
trade of the day: Longs below 22670 have been amazing since Friday.
NQ (NASDAQ 100 E-Mini Futures) Market AnalysisKey Observations
The NQ is currently trading at 22,706.50, with a high of 22,847.50 and a low of 22,702.75, based on the 4-hour chart provided, timestamped at 11:22:26 UTC (7:22:26 AM EDT).
The price has pulled back from a recent high of 22,829.00 (recorded at 02:37:34) and is testing support near 22,700–22,720.
The market shows a short-term consolidation after a strong upward move, with potential for further direction depending on upcoming economic data.
Technical Analysis
Price Action: The chart displays a series of higher highs and higher lows since late June, indicating an overall uptrend. However, the recent red candles and rejection at 22,829.00 suggest a possible short-term reversal or pause. The current level of 22,706.50 is near a support zone marked by previous consolidation.
Volume Profile: The right-hand volume profile highlights high volume nodes (HVNs) between 22,700 and 22,829, with the point of control (POC) around 22,829.00. The pink bars (selling volume) dominate above 22,829, indicating strong resistance, while teal bars (buying volume) are concentrated around 22,700–22,720, suggesting a support area.
Support and Resistance:
Support: 22,700–22,720 (current level and volume-based support), with deeper support at 22,600–22,650 if the price breaks lower.
Resistance: 22,829.00 (recent high and POC), with a psychological barrier at 23,000 if bullish momentum resumes.
Indicators: The Market Profile (e.g., HH, HL, LH, LL) shows a value area narrowing near 22,700–22,829, indicating indecision. The presence of multiple timeframes (4-hour) suggests this is a key level for swing traders.
Market Context
The pullback aligns with recent economic data, including the June 2025 ADP employment report (released July 02), which reported a loss of 33,000 jobs, below the expected 100,000. This could signal economic slowdown, impacting tech-heavy indices like the NASDAQ 100.
Negative sentiment around Tesla, a significant NQ component, due to an Elon Musk-Donald Trump incident, may be contributing to the pressure.
The Nonfarm Payrolls report on July 03, 2025, is a critical upcoming event. A weaker result (forecasted at 110,000 jobs) could exacerbate selling, while a strong report might support a recovery.
Scenarios
Bullish Case: If the price holds above 22,700 and breaks 22,829 with increased buying volume, it could target 23,000. Look for a strong bullish candle to confirm.
Bearish Case: A break below 22,700 could see the price drop to 22,600–22,650, with further downside possible if selling intensifies.
Volatility: Expect increased volatility ahead of the Nonfarm Payrolls data, given its potential to sway market direction.
This is a Wyckoff VSA Shakeout and Test with Alert In this short video Author and Fund Manager, Gavin Holmes, reveals two key set ups based on the Richard D Wyckoff and Volume Spread Analysis trading strategy based on supply and demand, cause and effect and effort versus result. We have posted detailed TradingView charts at www.tradetowin.com and you can get your questions answered from there.
NQ Power Range Report with FIB Ext - 7/2/2025 SessionCME_MINI:NQU2025
- PR High: 22723.00
- PR Low: 22683.00
- NZ Spread: 89.5
Key scheduled economic events:
08:15 | ADP Nonfarm Employment Change
10:30 | Crude Oil Inventories
Session Open Stats (As of 12:25 AM 7/2)
- Session Open ATR: 328.85
- Volume: 20K
- Open Int: 265K
- Trend Grade: Neutral
- From BA ATH: -0.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
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
June trading results - three automated trading systemsHi,
In month of June 2025, my three automated trading systems made 32 trades on ME.S and MN.Q.
The pnl pie charts are on the screen. I lost about $1,000 in total. I trade on Micro. Well, I was up for the past 5 month but this kinda hurts, but its ok, I should not give up. I have back tested my strategies using python backtrader in 5 years (rolling walk forward), I know that lost is also expected.
My system trades on 15 min candle, and I use tradingView + tradovate automation system which I built myself.
NQ: 214th trading session - recapI traded today and I also will tomorrow, today was unexpectitly: I just had time and tomorrow we won't have school past 1:00pm due to the heatwave arriving in germany.
Pretty lucky.
I'm not too harsh on myself not not being focused, I arrived at my setup 5-min before the session started, had no coffee, ran off of way too little sleep + I was sweating from the heat.
NQ Power Range Report with FIB Ext - 7/1/2025 SessionCME_MINI:NQU2025
- PR High: 22886.75
- PR Low: 22852.50
- NZ Spread: 76.75
Key scheduled economic events:
09:30 | Fed Chair Powell Speaks
09:45 | S&P Global Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Services
- JOLTs Job Openings
Holding in ATH range
Session Open Stats (As of 12:45 AM 7/1)
- Session Open ATR: 329.32
- Volume: 21K
- Open Int: 269K
- Trend Grade: Neutral
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
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
Monday hitter NQ1!Hey took a little break but I’m back with the end of the month Monday Mark up. Playing a little safe and marking in up both a buy a sell. As of now there is a head and shoulder developing and I’m looking for it to be a sell. SL is at $250 and I’ve set 4 TP. Good luck and always remember to follow your trading plan and take proper risk management.
NQ1! H1: Sustaining the Uptrend - Support Areas in FocusOverall Trend: The price of NQ1! is clearly in an ascending channel (or parallel channel), signifying a robust uptrend over the observed period. This suggests sustained buying pressure and higher highs and higher lows.
Ascending Channel (Dynamic Support & Resistance):
The lower trendline of the blue channel has consistently acted as dynamic support. Price has repeatedly bounced off this line upon testing it (highlighted by the light blue oval markers), demonstrating strong buying interest at these levels.
The upper trendline of the channel serves as dynamic resistance, defining the upper boundary of the current bullish movement. Price has approached this line but has not yet shown a clear breakout above it.
Support Levels:
22850 to 22860 (1st Supporting Area): This is identified as the most immediate support zone. The current price (22,862.75) is hovering just above or within this area, indicating it's presently being tested as a potential floor.
22800 to 22820 (Intraday Key Level): Located below the first support, this range represents a significant intraday support level. Should the immediate support fail, this zone would likely be the next area where buyers might step in.
22725 to 22750 (1Hr Support): This is a deeper support level on the 1-hour timeframe, strategically placed near the lower bound of the ascending channel after the June 28th pullback. It suggests a strong historical area of demand or price reversal.
Large Green Shaded Area (Lower Left): This extensive green area at the bottom of the chart represents a broader, long-term support or accumulation zone from which the current uptrend appears to have initiated.
Price Action (Candlesticks):
The prevalence of green candlesticks indicates dominant buying momentum.
The significant red candlestick on June 28th shows a sharp intraday pullback, but the long lower wick suggests that buyers rapidly re-entered the market, pushing the price back up from the lower channel boundary. This rebound reinforces the strength of the dynamic support.
In summary, NQ1! in a clear uptrend, guided by an ascending channel, with distinct horizontal support levels identified that align with historical price action and the channel's dynamic support. The current price is testing an immediate support area.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Prepare for Record-Breaking Momentum- Current Price: $22534.20
- Key Insights: The NASDAQ has been surging to new highs, fueled by strong
contributions from tech leaders such as Nvidia and Meta. While the index
exhibits bullish sentiment, it's hitting overbought conditions, signaling
potential volatility and positioning opportunities for strategic entries on
pullbacks. Seasonal strength could sustain upward movement in the near term.
Long-term investors may consider accumulation near support levels, while
short-term traders should carefully manage risk as the index approaches
resistance.
- Price Targets:
- Next week target 1 (T1): $22,820
- Next week target 2 (T2): $23,100
- Stop level 1 (S1): $22,433
- Stop level 2 (S2): $22,325
- Recent Performance: Over the past week, the NASDAQ gained 4.15%, outperforming
other major indices like the S&P 500 and Dow Jones. It continues to benefit
from strong momentum in mega-cap technology stocks and semiconductors. The
NASDAQ’s leadership has been supported by impressive gains in Nvidia and AI-
driven sectors, reinforcing its tech-heavy advantage. Smaller-cap indices
lagged behind, showing a divergence that could hint at broader market
hesitation or a rotation in leadership.
- Expert Analysis: Analysts highlight the index's technical patterns, including
overbought RSI levels (above 70) and golden crosses in moving averages,
aligning with historical seasonal trends. While bullish sentiment persists,
overbought conditions may lead to short-term pullbacks. Divergences in major
indices suggest caution, especially with weaker momentum among
semiconductors. Long-term optimism remains, provided demand zones hold firm.
- News Impact: Nvidia continues to drive NASDAQ gains, spurred by its leadership
within the AI and semiconductor sectors. Expansion of 0DTE options for
individual mega-cap stocks could increase trading activity, adding both
opportunities and risks. July’s seasonal tailwinds lend support to the
index’s momentum, but traders should remain vigilant for external events or
corrections.
NQ Power Range Report with FIB Ext - 6/30/2025 SessionCME_MINI:NQU2025
- PR High: 22842.50
- PR Low: 22751.50
- NZ Spread: 202.75
Key scheduled economic events:
09:45 | Chicago PMI
Weekend volatility taking auction into new ATHs
Session Open Stats (As of 12:45 AM 6/30)
- Session Open ATR: 345.85
- Volume: 33K
- Open Int: 261K
- Trend Grade: Neutral
- From BA ATH: +0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
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
#202526 - priceactiontds - weekly update - nasdaqGood Evening and I hope you are well.
comment: Similar to dax and for most other markets. Cash index made a new ath and broke strongly above the trading range. This is W5 which I thought was cut short but I guess not. It’s most likely the end of the trend since the trading range went on for about 6 weeks, which in this case was likely the final flag. Futures could now aim to print 23000 and touch the bull trend line which began in 2021 and went though the ath from 2024-12.
current market cycle: resumption of the bull trend but likely the final flag and we most likely will top out here around/under 23000
key levels for next week: 22000 - 23000
bull case: Bulls printed 5 consecutive bull bars. They are in full control and could pump it to 23000. Purely based on momentum and squeezing shorts. Got nothing else for the bulls.
Invalidation is below 21500
bear case: Bears gave up on Monday and I doubt they want to fight this until we hit the bull trend line or 23000. Most bears will wait for a clear topping sign that bulls are beginning to take bigger profits before they think about shorts. As of now, bears have zero arguments on their side. Only a daily close below 22300 would confirm this bull trap and fake breakout above the bull channel and then we could test down to 21900ish but for now I think it’s most likely we go higher.
Invalidation is above 23100
short term: Neutral. Will only scalp longs on huge momentum and I will only start thinking about shorts once we break below 22300 again.
medium-long term - Update from 2024-06-29: No change in plans. I expect 20000 to get hit over the next 3 months and maybe 19000 again.
NQ Holding Above Daily Highs – Trend Structure Intact📈 NASDAQ 100 (NQ) – Riding the Trend, Holding Above Key Daily Highs | 4H Chart
NQ remains in a strong uptrend, respecting structure and reclaiming key daily highs going into the final trading days of June.
🔍 Key Observations:
🔼 Price is currently holding above Thursday’s high: 22,740
✅ Strong support formed at Wednesday high: 22,693.25
🔁 Clean reclaim of Tuesday and Wednesday lows — confirming bullish pressure
🔸 Trendline from June 23 low continues to guide the rally
🗓️ Previous Day Levels Providing Structure:
SUN LO / MON LO (~21,550–21,650) → Base of the rally
JUNE 17–21: Price consolidated just below 22,400, forming resistance
JUNE 25: Breakout above Sun/Mon Highs confirmed expansion phase
🧠 Bias & Plan:
Bias: Bullish, as long as price remains above 22,693
🕵️♂️ Watch for reaction around 22,800–22,900 zone (potential exhaustion or continuation)
If we sweep Thursday’s high and shift structure → possible short-term pullback
📌 Summary:
NQ continues to honor the prior week’s highs as new support. The market is trending cleanly with structure, and as long as daily highs hold, the bullish case remains intact.
#NQ100 #NASDAQ #FuturesTrading #SmartMoney #MarketStructure #DailyLevels #PlaymakerTrades
NQ Power Range Report with FIB Ext - 6/26/2025 SessionCME_MINI:NQU2025
- PR High: 22488.25
- PR Low: 22450.25
- NZ Spread: 85.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
GDP
Durable Goods Orders
Session Open Stats (As of 12:25 AM 6/26)
- Session Open ATR: 358.17
- Volume: 20K
- Open Int: 252K
- Trend Grade: Neutral
- From BA ATH: -1.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 20383
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