NQ - The two most important levelsWe have two significant levels on the NQ. Both are based on volume analysis.
Resistance with Weekly Point of control is 22272.
Support is 21105.
Happy trading
MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 12/23/2024 SessionCME_MINI:NQH2025
- PR High: 21683.00
- PR Low: 21566.00
- NZ Spread: 262.25
Key scheduled economic events:
10:00 | CB Consumer Confidence
Weekend gap up back to Friday's highs
- North of daily Keltner average cloud
- Friday session set pivot low, front running 21000
- QQQ gap below Dec 2 session filled
- Market sentiment, expecting low participation for Christmas week
Session Open Stats (As of 12:40 AM 12/23)
- Weekend Gap: +0.07% (open < 21552)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 370.87
- Volume: 31K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -3.2% (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
Daily Nasdaq Insights – December 22, 2024Hello, this is Greedy All-Day.
Before the Nasdaq's movements beginning on December 23rd, let’s dive into a weekend analysis to prepare for the upcoming market conditions.
Weekly Chart Analysis
The weekly Nasdaq chart presents a rare occurrence—a bearish candlestick after a significant upward trend. Interestingly, the length of both the upper and lower wicks is quite balanced, resulting in a large Doji-like candlestick. However, a Doji candlestick doesn’t necessarily signal a trend reversal to the downside.
Why?
The Ichimoku Cloud's Lagging Span remains above the candlesticks. Unless we see significant bearish momentum, the Lagging Span is likely to find support from the candlesticks below.
The price is still holding above the 20-week moving average, which currently sits at 20,503.
A bearish move into the Ichimoku Cloud would require the price to drop further to 19,383 to fully enter the cloud zone.
In conclusion, the weekly chart suggests that the uptrend is still intact. Despite closing the week with a bearish candle, it followed a recent all-time high. This could indicate a temporary pause rather than a definitive reversal, keeping the potential for further upward movement on the table.
Daily Chart Analysis
Examining the daily chart, the Lagging Span still remains above the candlesticks, reinforcing that a trend reversal is not yet confirmed.
Additionally, the long-term upward trendline remains intact. For a decisive breakdown to occur:
The price would need to break below the thick Ichimoku Cloud (zone between 20,775 and 19,880).
A definitive trendline breach would likely occur if the price falls below 19,560, which would signal a clear shift in momentum.
At this stage, the daily chart reflects resilience within the broader uptrend despite recent pullbacks.
1-Hour Chart Analysis
The 1-hour chart reveals why Nasdaq's current direction is ambiguous.
Resistance Zone (Orange Box): This is the final key resistance trendline. A breakout above this level would provide a clear buy signal, as the price would enter the red box supply zone.
If this resistance is overcome, Nasdaq has a high probability of testing the red box’s upper boundary near 22,432, potentially forming a double top or even reaching a new all-time high.
Friday's session did see a rebound, but:
While the yellow box resistance was broken, the price failed to hold support near the session close, which casts doubt on the strength of the rebound.
To confirm further upside momentum, the price needs to break above the blue box resistance near 21,935.
Without reclaiming this level, the strong bearish candlestick from Friday’s session raises skepticism about whether this was a genuine reversal or merely a temporary relief rally.
Final Thoughts
Historically, markets have often rallied during the holiday season, but this year appears to present more complex conditions. Instead of trying to predict the market, focus on reacting to key levels and signals.
I will continue to provide detailed and actionable analysis to assist you in navigating these challenging markets. Stay prepared and trade wisely!
NQ Weekly and Longer term Bias (We were fire last week, check)hey guys just my weekly chart and levels going into the week. everyone expecting a santa rally, not so positive... i could see it mooning from here, don't get me wrong. im much more bullish this week than last now that we got some sort of correction (check last weeks analysis for real, read the chart and play the thing for the week, we cooked, hope you all did too, all 3).
anyway a lot on there, i think it's downward, people buying the wrong dip in my opinion, much more liquidation to come.
good luck
The Ultimate Day Trading Framework: Rules for Consistent SuccessThese are general trading rules that serve as a foundation for your strategy. You must work on them further to develop a precise plan tailored to your preferences, the markets you trade, your time zone, and other related variables. The goal is to create a clear, actionable framework that you can follow consistently every single trading day. 🔍📈📊
General Trading Rules
Categorize Observations into Binary Decisions
Simplify decisions into two options (e.g., Risk On vs. Risk Off).
Decision determines the trade approach. ⚖️
Follow a Rule-Based System
Rules are essential for processing setups quickly and accurately. 🛠️
Focus on keeping the process simple and systematic.
Market Conditions
Trend vs. Trading Range
Trend:
Look to swing more of your position.
Uptrend: Prioritize buying. 📈
Downtrend: Prioritize selling. 📉
Trading Range:
Buy low and sell high (scalping focus). 💱
Risk Management
Evaluate Risk On vs. Risk Off for each setup. 🚦
Probability Assessment
Categorize setups as High Probability vs. Low Probability. ✅❌
Execution
Stay Agile
Constantly assess market conditions and adapt strategies accordingly. 🔄
Focus on Key Setups
On average, expect about 40 setups per day.
Be selective and only act on setups that meet your criteria. 🎯
By personalizing these rules and following them diligently, you can bring clarity and consistency to your trading process.
NQ1!/NDX technical analysisTechnical analysis of the Nasdaq, comparing futures and NDX.
Charts show essentially the same thing. Completed impulse waves, red median lines being tapped signaling tops.
NQ intraday: nailed the top and the bottomNQ 15 min: The Impulse Master Indicator has nailed the bottom and the top of the day
Nasdaq bullish rally isn’t overNasdaq is still bullish till my stoploss mentioned is sustained, we have got NWOG and Equilibrium of weekly order block as our buy entry and the stoploss is below the daily Order block and daily Fair value gap. Cheers
NQ1 - Rate Cut Dip Buy Part 2I clicked "trading closed" or whatever on the previous thread so its easier to start another one, but look back for previous detail if you like...
...
NQ1
Quite a wild little period here as you're busy preparing for Christmas 😅.
But this is now a juncture where the wild downside may be coming to an end.
...
Nice little bounce so here and its a weak 1:0.618 extension.
So this tells us that there could be a significant bounce coming.
Didn't quite hit support but front running is common with bullish indexes.
...
Remember that although this is a long term 1.618 reaction that has historically led to major collapses, this area may also be post rate cut volatility.
And so there is the possibility that the first wave of whipsaw is completing.
If that is the case then we may see some strong bullish action.
I think there is a reasonable chance that we may see a V shaped recovery.
Though there can be minor pull backs along the way
Up and up from here 👍.
Not advice
600 Point LONG +4R Today on MNQ for da HOUSE!!!CME_MINI:MNQ1!
"We do what we do best, & That's BE THE BEST" -500KTrey
Family I'm in gr8 Spirits this Morning as we exercised our patience, and we came out on top of today's BATTLE with MNQ... This trade was executed just shortly after CPI news came out @5:30am PST and we heavily studied the Order Flow Footprint to Manage the trade correctly.... (We caught LONG 600 points +4R) #APBTG Let's continue to work...
Remember; Our Profession is Managing the downside costs of printing HIGHSIDE returns of $$$$ CONSISTENTLY. Done correctly, well Abundance awaits us! +Shalom.
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NQ Range (12/16/24)Changed the call to Range from Short (looking Short, still). I would buy into the long side if the gains did not primarily happen outside of the Reg Session. Seems light, rigged and soft. FOMO and chase during the no - low volume final weeks, probably my last weekly post of the year. This week: Long above 21,885 and Short below. Friday-Monday Rig Long has stalled and will resume on Monday with O/N Pump/Dump into the Open, that reaction is key for price action this week.
AI, B Coin, Go Fed, Mag 7 are all leveraged and extended. Let us/me see some power in the Reg Session and I will get on board to the LONG side. Will not based off up moves in the Overnight that fizzle out in the Reg Session.
Buy for NQLooking at a structure break towards a key level at the 1h. all buys WITH STRONG BULLISH CANDLE.
Intraday Levels for Nasdaq 100 Futures - 12/20/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
Key Nasdaq Levels After a Volatile Week: Long or Short?Join us for a detailed analysis of Nasdaq futures on Friday, December 20, 2024, as the market reacts to a week of high volatility. With deep corrections and strong movements, here’s what you’ll gain from today’s video:
📈 Long Opportunities: Zones like 21,100–21,200 and key mitigation levels for potential rebounds toward 21,400.
📉 Short Setups: Critical areas like 21,380–21,400 and strategies for taking advantage of bearish momentum below 21,000.
📊 Market Insights: Context on the week's volatility, including the impact of interest rate announcements and possible market trends going into the weekend.
This video is ideal for traders looking for actionable insights to navigate a volatile market and position themselves effectively.
🔗 Subscribe now for daily market updates, expert strategies, and exclusive content. Elevate your trading performance today!
12.20.24 NQ 4Hr chart observations12.20.24
Market has swept both side of the wolfe wave. now to see if it retests the 21257 area and then continues down, or if it moves back up inside the range
NQ - printed a bottom signalMt Impulse master indicator caught the Dec top and now fires a Bottom signal
20241220 NQI anticipate one more shallow new LOD and reversal to the upside for the TGIF scenario with 25% of the weekly range as my +DOL. Sideways till the end of the day.
NQ - Nasdaq? Read Tomorrows Wallstreet JournalIt hasn’t made any sense for a long time now how the markets keep climbing.
Manipulation? Self-perpetuation?
Honestly, who cares why. As the saying goes:
“The dwarves dug too deep. And what they unearthed was their doom.”
Or, in another version:
“The greedy vultures flew too high, and all they found was gravity.”
In the chart, we see two pitchforks:
The orange one highlights the actual overextension.
The white one represents the moderated version.
Interpreting this image is simple if you have a rulebook you can trust—and a few decades of market experience under your belt. §8-)
1. **The price turns at the orange centerline.**
This means the market is in "balance"—in the context of the overextension.
Or…
2. **Put differently:** In the context of the white pitchfork, the market overshot the upper median line parallel. This was an overextension by a factor of 2.
**What do we do with this?**
We stick to the rulebook for median lines.
The rulebook says that when the price trades above the U-MLH (upper median line parallel), fails to hold, and drops back into the fork, the market will fall to the next line.
- **Orange fork:** Down to the L-MLH (lower median line parallel).
- **White fork:** Down to the centerline.
Beyond that, I **think/guess/predict/read-tea-leaves** that the market will fall much deeper in 2025.
Please note the distinction here:
- The first statement is the projection—the interpretation of the chart.
- The latter is a speculation (no crystal ball involved).
For me, it’s clear: medium-term **short** with multiple price targets.
NQ Power Range Report with FIB Ext - 12/20/2024 SessionCME_MINI:NQH2025
- PR High: 21429.25
- PR Low: 21363.00
- NZ Spread: 148.25
Key scheduled economic events:
08:30 | Core PCE Price Index (YoY|MoM)
Value decline continues below daily Keltner avg cloud
- QQQ gap filled
- Maintaining vols since FOMC triggered selling
- Next key pivot, 20920 zone from Nov 27
Session Open Stats (As of 12:40 AM 12/20)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 345.51
- Volume: 51K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.2% (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
What I think NQ is going to be doing soonSo based on the current head and shoulders we are in on NQ. This video shows exactly what I think NQ will be doing unless we are in a crashing market. I doubt it. But who knows. I think we are simply correcting, going to grab liquidity and go on to make new highs. When? Who knows with the holidays. I will be right there to trade it. Seek Breakout Hunter on the socials to join us.
Intraday Levels for Nasdaq 100 Futures - 12/19/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
How to identify a reversal or a continuation.This video explains how you can prepare yourself for the market to change direction ; and to also prepare yourself for any continuations.
