20240815 NQI anticipate SandD for the Thursday => so Friday will have possibility to make the final HOW and that be a nice environment for the TGIF downside. The time aspect is very important because if there is no downside displacement up to 9.30 then this day can be just another Shortby Yoo_Cool1
Week of August 11 - NQ/VIX/CL/10yrWowza, what a week we just had! Sunday night the Yen carry trade started to unwind in a magnificent fashion. We came in on Monday morning with the NDX down 1k handles, and the VIX at 60. Most of this has corrected itself as NQ actually closed the week +60 handles - but there is something more sinister at play I fear. This week is going to be a HUGE DEAL for the weekly charts - as I think we are setting up into the final parabolic move into the election. The Nasdaq opened the week down 1k handles on Monday morning, and the dip was properly bought. The 17,340 area is a BIG deal as it marks a quarterly and weekly low. Where we closed on Friday 8/2 had me REALLY bullish coming into last week - but the damage that was created on the charts from Sunday nights sell-off cant be ignored. The REALLY SNEAKY part here- it that we now have bear flags on the daily and h4 charts for NQ - and they closed us up here just to fill the opening weekly gap and volume imbalance. We could see them spike this another 400 handles from here - and it wouldn't invalidate the sell case. Bottom line - I can't buy until I see them run those HUGE equal lows on the quarterly/weekly charts down at 17,340. Once we do that, I will be looking to get VERY LARGE in longs to ~24k area for the final blow off move on NQ. The VIX had quite the week - it was up ~ 60 when we came into the cash open on Monday morning - the highest weekly level since the pandemic panic spike. That said, the weekly chart has completely broken out - and I want to view this as a backtest. There is a small weekly FVG that will form on Monday for the VIX to drop and fill - but I am viewing this as an area I want to see the VIX hold - as I believe they will drop the indexes from here for one more flush - just before the final long. Crude Oil actually had a REALLY nice week last week. The lows were set Monday morning, and oil never looked back. I am looking for oil to continue it march up to the 79 area for the backtest. We need to reject 79 with vigor and star the march lower for oil as the global economy slips into recession - as oil and the bond market are already aware. The 10yr bounced at a very predictable place and has now begun its backtest. I am looking for the 10yr to sweep last weeks highs, before resuming its march lower as we head towards autumn and into a global recession. So here is the setup I am watching for this week; I want to see NQ sweep the lows of last week - this is a MASSIVE level on the quarterly and weekly charts - there is TONS of liquidity down there that Market Makers can use to sweep and order pair long for the final parabolic leg higher. I want to see the 10yr bounce to sweep last weeks highs - and then continue to make fresh lows. We took out December lows last week. I want to see oil continue it march higher to the 79 level to complete the weekly structure backtest - then drop due to weakening global macro. Until next week - We'll be watching. Shortby Baero-TradingUpdated 9
NQ / NASDAQ📉 NQ1! Analysis: Potential Short-Term Correction 🚨 The NQ1! chart indicates a potential pullback as we approach the key date of August 22, 2024. The current trend suggests that the market might experience a decline, with a local bottom expected around this date. Traders should prepare for a possible correction, which could provide an optimal entry point for those looking to position themselves ahead of the next potential rebound. #NQ #Nasdaq #StockMarket #Trading #MarketAnalysisShortby trushkovskiy0
NQ Power Range Report with FIB Ext - 8/15/2024 SessionCME_MINI:NQU2024 - PR High: 19150.00 - PR Low: 19121.25 - NZ Spread: 64.25 Key scheduled economic events 08:30 | Initial Jobless Claims - Retail Sales (2x) - Philadelphia Fed Manufacturing Index Previous session closed maintaining Tuesday's highs - Inching value higher into daily Keltner average cloud (20 & 32) Session Open Stats (As of 11:45 AM 8/14) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 455.33 - Volume: 19K - Open Int: 239K - Trend Grade: Bull - From BA ATH: -8.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 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 Longby mv3trader50
Why I Consider This Short Setup to be One of the Best EverI've been watching this NQ setup for a couple of weeks now ever since it broke below its major uptrend from 2023. That was a big move down, but after only a couple of weeks, NQ is back for the retest just like I was hoping for. There are many things that make this a fantastic setup in my eyes, but the risk/reward is also great because you are entering right on the level if it breaks against you, you can exit quickly with minimal damage. On the other hand, if this works and it ends up being a major top on NQ, you could hold comfortably for months and watch the cash flow in assuming the trend continues, which is what stocks usually do. TLDW: Multi-year pattern breaks and retests on the major averages and many stocks including the mag 7 and semis. Everything is seemingly at major multi-year trend tests at the same time, so I expect fireworks here. My bias for now is short, but we'll find out soon enough if I'm going to need to take a loss and flip long or not. Remember, a multi-year pattern can take weeks or possibly months of consolidation before a breakout, it doesn't always happen in a day or a week. We may have some big red days, but this trade is more about the belief that regardless of short term fluctuations in price, we will trend lower for the foreseeable future. We'll see how this one turns out.Short19:59by AdvancedPlays4
NQ/ZN pairDecided to do a fib retracement of nq/zn on the daily just for giggles. Interesting "pivot" close by. by Horace_Kent25110
2024-08-14 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well tl;dr Bitcoin - Market is currently in balance 57500 - 62000. No more magic to it. We are in the 7th consecutive day where Bitcoin could not close above the daily 20ema. One side will give up tomorrow. comment: Last bull trend line is broken and market is moving sideways since last Thursday. Bears keeping it below 62000 which is very important but bulls still buying the dips. Market is currently in balance 57500 - 62000. No more magic to it. We are in the 7th consecutive day where Bitcoin could not close above the daily 20ema. One side will give up tomorrow. Promise. current market cycle: bear trend until bulls can break above 63000. Below 57500 we will retest 50000. key levels: 57000 - 62000 bull case: Bulls buying the dips but are failing too much at the daily ema. Tomorrow one side will give up. Bulls need a strong move above 63000 to close the bear gap. Invalidation is below 57500. bear case: Can’t make stuff up when market is moving sideways. Clear key levels given. Bears need a strong move below 57500 to make the bulls give up and retest 50000. Invalidation is above 62000. short term: full bear mode until we reach 40000 or break above 63000 medium-long term: down to 40000 (could take 1-3 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged since March, obviously updated the time range which was 6-9 months before. — current swing trade: None trade of the day: Selling 61400 has worked since Sunday.by priceactiontds1
I wish tradingview make papertrade daily progress easy visible I wish that tradingview make papertrade daily progress easy visible acces in 1 spot somewhere.by andrii_bil110
1/3 ADR- targeting OHLC STATISTICAL MAPPING -MANIPULATIONanother day another setup basicaly I described the setup in my title lol 1/3 ADR- targeting OHLC STATISTICAL MAPPING -MANIPULATION Rinse & Repeatby Keclikk223
20240813 MNQU24Did I follow my plan? - Entry - Exit What mistakes did I make? What could I have done better? What rules will help me with the above?Longby connormccarlUpdated 220
20240814 NQMNO is very close to 8.30 level. That is a consolidation before the final spike to the upside. The 8.30 spike to the downside was perfect ss raid before the anticipated move to new high of the day (HOD). I would like to see the end of the high forming at 9.30 and the first displacement with MSS to the downside will be the sign in IOF that the Wednesday High of the Week profile is the one for this week. Today is very nice day with CPI to create such a reversal move. Majority has no doubts that price will continue to go higher. One more spike to the upside will be the perfect trap for the late longs. My downside DOL is discount of the current dealing range and 15m +Mitigation Block. Shortby Yoo_Cool0
Nasdaq Easy ObjectivesJust as annotated by the notes. Drop into sell stops + 15M BISI + 1H BISI. It can and probably will go lower, however with the release of high impact news (CPI) price action may become choppy especially after that Low hanging fruit objective is met. Shortby Big_E_Trades_2
NQ Wednesday 14th August Alot of updays for Nasdaq, Wednesday could suit a reversal or continue pushing higher. Longby joeljohnrussell0
NQ Power Range Report with FIB Ext - 8/14/2024 SessionCME_MINI:NQU2024 - PR High: 19128.00 - PR Low: 19087.00 - NZ Spread: 91.5 Return back to daily Keltner average cloud (20-32) - QQQ gap fill above 455 Key scheduled economic events 08:30 | CPI (3x) 10:30 | Crude Oil Inventories Evening Stats (As of 11:25 AM 8/13) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 465.90 - Volume: 20K - Open Int: 239K - Trend Grade: Bull - From BA ATH: -9.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 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 by mv3trader50
NQ Major Trend RetestWhen I saw NQ break its major uptrend from 2023, my immediate thought was that it would lead to an extended sell off, which it did, but it was short lived. NQ has returned to the trendline in a matter of weeks and closed nearly right on it heading into CPI. I expect fireworks based on where ES, NQ, and VX are all at along with many mega caps and semiconductors as well. I think this is a perfect setup, it may not work and it sucks it triggered in the final hours of the day before CPI. I didn't feel comfortable taking a max size position, which is usually what I do when I see something I think is this good, but I didn't want to risk too much heading into major data releases and other chaos. No need, we should have plenty of opportunity to short in the future if I am in fact right about the market crash. Remember you don't have to trade every day, most profitable traders don't. You'll end up netting a lot more cash if you spend more time planning and journaling trades while focusing on improving your most detrimental flaws, rather than trading only to make a profit.Shortby AdvancedPlays2
2024-08-13 MNQU2024 Test TradeRisk $50 on trade. Entry is proximal line of demand zone. Stop is 2% below the distal line. Profit target is 2% below proximal line of selected supply zone.by i2chiang111
Either way, it’s gonna sellWanna see it sell hard when the news comes around. So let’s see some stops get ran out baby!Shortby TaughtByICTUpdated 0
NASDAQ - BUY BUY BUYThis is the News they will use to push higher also within a Return to Previuos Level Pattern Time to make money Target 19499 SL 18,287 Need to know market risk Stocks rose and bond yields fell after the latest US inflation reading fuelled speculation that the Federal Reserve will be able to implement its much-anticipated interest rate cut in September. US PPI came in lower than expected. Dollar and US Bond Yields (The interest paid on USD Bonds) weakened. S&P 500 strengthened Longby NZ_Shareman1
20240813 NQI anticipate one more subdivision to the upside on the HI news at 8.30am. The PA can make higher move and create a bigger top spike. I anticipate -Po3 today with reversal to the downside after the initial upside reaction to the HI news. My downside DOL is equilibrium of the last dealing range and 15m+OBShortby Yoo_Cool2
NQ Power Range Report with FIB Ext - 8/13/2024 SessionCME_MINI:NQU2024 - PR High: 18652.25 - PR Low: 18628.50 - NZ Spread: 53.25 Volatility declining, inching above previous week high - AMP raises margin requirements for expected PPI volatility Evening Stats (As of 11:15 AM 8/12) - Weekend Gap: N/A - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 465.32 - Volume: 10K - Open Int: 235K - Trend Grade: Bull - From BA ATH: -11.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 17533 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 Longby mv3trader50
NDX NQ Futures - Election Woes?Taking a quick look at NASDAQ - it's a bit premature but very possible we are in the beginning phase of the creation of a right shoulder in a head and shoulders formation. Again, premature and totally unconfirmed at this point, but I wanted to point it out at a minimum and get your eyes on it. I discuss in the video how to measure this kind of formation, but if (big if) we break down in this election cycle, we should see a capitulation-style move going into EOY that could take us back to November 2023 lows. Down in the low 14000's which would be something nobody is keeping an eye on. Getting above 19000 on NQ futures would be a big deal and would help build confidence that this is not a head and shoulders formation and we are in a decent recovery phase. Don't overtrade - today in particular was pretty choppy with only a few good names out there from a day-trading perspective. 06:32by bitdoctor1
Stop runWe want to see the market follow the red arrow, all the way to the bold lineShortby TaughtByICTUpdated 0
20240812 NQI anticipate little bit more to the upside into the w sibi CE level and reversal to the downside. The downside DOL is an equilibrium of the last dealing range and 15m +OB as dynamic support.Shortby Yoo_Cool0