MNQ1! Possible play's today This thing has been shooting up for a while & personally looking to see if we will continue or have a major dip before continuing. This pair is ruthless when it comes to dropping. Here is my outlook as of today
NQ1! trade ideas
NQ Power Range Report with FIB Ext - 12/11/2024 SessionCME_MINI:NQZ2024
- PR High: 21442.00
- PR Low: 21417.25
- NZ Spread: 55.25
Key scheduled economic events:
08:30 | CPI (Core|MoM|YoY)
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Break below 21430 support into inventory response off previous ATH breakout
- Daily print advertising rollover back to Keltner avg cloud
- Failed QQQ ATH breakout gap fill below 520
Session Open Stats (As of 12:45 AM 12/11)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 260.71
- Volume: 16K
- Open Int: 279K
- Trend Grade: Bull
- From BA ATH: -1.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20954
- 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
NQ H&S w/bearish divergence on 4 hr Chart - Sell on retracement4 Hour Chart Bearish Divergence
Head & Shoulder Pattern and Break Below Neckline
Sell Limit at 0.382 fib retracement (21490)
This 21450-21490 area has also served as previous support.
Break below neckline assuming support turned resistance
Stop Loss set above the right shoulder
TP 1 calculated based on risk taken at 1:1
TP2 calculated based measured move of H&S
from neckline set at 1:2 RR
Total 1:1.5 RR Trade
NQ levels for tomorrow Nq levels for tomorrow/tonight. Blue boxes are retracements/pivots and grey boxes are targets
2024-12-10 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
nasdaq e-mini futures
comment: Beautiful bear channel and you should trade it until it’s clearly broken. We are going down but it’s weak selling. Bears barely get lower prices, even on increased volume. Means that there is also much scaling into longs for probably another big leg up.
current market cycle: Bull trend - very late and we are in the very last stage of it
key levels : 21000 - 21700
bull case: Bulls are keeping the market two sided, since the channel is shallow. Market closed only 80 points lower than yesterday. As long as bulls have strong pull backs in between, they are fine and they can scale into longs and make money. Bears have to take profits at new lows in fear of another big pull back higher. That is why we are mostly moving sideways, despite making lower lows and highs.
Invalidation is a daily close below 21000.
bear case: Bears are trying on increased volume but they are not doing enough damage to the bulls, to make more cover or prevent them from buying new lows. Bears can’t sell 21400 because we can easily test back up to the top of the channel. If bears are strong, they will keep it below 20500 tomorrow but I highly doubt that. I do think the high 21606 will hold. Trade the channel.
Invalidation is above 22000.
short term: Bullish for 21500ish. Maybe 21530. I favor one or two more legs down before Friday’s close. As of now with the structure we have, I can only imagine that we will see another full melt up from next week into year end. Maybe 22000. If this closes 2024 below 21000, consider me surprised big time.
medium-long term: Will update this over the weekend. 22000 is a possibility but a bit far for now. Daily close above 20500 would bring it in play. First target for Q1 2025 is 19000.
current swing trade: Nope
trade of the day: Selling near 21600 was perfect. Bears showed strength in that area and once we broke below 21540, market never looked back.
$NQ bounce opportunity Although what I consider a perfect setup has already happened; between 21,436-21,430 is going to give us an opportunity for a 15 point+ bounce.
I'll hold unless we close below 21425
How I identified the uptrendthis video breaks down my technical analysis on how i identified a uptrend. a falling wedge pattern is what gave me the initial jump but watch full video for better Inner standing.
12/09/24 NQ DAY TRADEIf you enjoyed this, please give a like so I know to keep them coming. I’m interested in posting also about NG, CL, BTC and certain Stocks/ETFs as well.
I’m looking to be a well-known day trader/swing trader/investor in multiple assets. This is a true passion of mind and you’ll see the precision in my plays as I’ve already had multiple years of research and backtesting.
journal 20December 10 monthly bullish , weekly bullish , daily bullish we did the initial move yesterday jumping up from the daily fvg during New York session back up to the London high , then during lunch swiped the buys and we close below the daily fvg , asian yesterday just had price dropping lower not a lot of movement then London we did spike up activating buys the dropping taking out sellstops , i want to catch the buy at 10-11 zone we have 4hr liquidity above and we have double top don't want the double tops to be taken before it makes a breaker
MNQ AnalysisFollowing a selloff breaking below demand, high volume supply is still overhead to be mitigated. Sellers could step in within this current base supply, or price could slowly rally to the extreme supply overhead. We will wait for volume at these areas to trade alongside sellers. Or, we trade with a rally targeting extreme supply. Any trade will be taken on lower time frames and posted in detail on my X account.
Key Opportunities in Nasdaq Futures! Daily Strategic AnalysisDiscover the most critical zones for trading Nasdaq futures this December 10, 2024. In this detailed analysis, we cover:
✅ The bullish trend on the daily chart and key correction zones.
✅ Potential setups for long and short entries based on intraday moves.
✅ Strategies to capitalize on moves of up to 200 points.
Don’t miss out on today’s market opportunities. Subscribe to the channel for more exclusive trading insights and strategies!
🔗 Check out the YouTube channel and boost your trades with expert insights.
Nasdaq Futures- Scalping Opportunity: Short Setup in FocusThe Nasdaq Futures (NQ) presents a potential short-term scalping opportunity. If the price tests the sell zone, look for confirmation before executing. The overall market remains in range, the immediate look leans bearish.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Scalping and futures trading carry significant risks and may result in substantial losses. Always trade responsibly.
Intraday Levels for Nasdaq 100 Futures - 12/10/2024This 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.
12/10 NQ & YM Market Analysis: Bears in Control, Awaiting RebouAs expected, U.S. markets continued their decline yesterday, with both the Nasdaq (NQ) and Dow Jones (YM) indices retreating further. The bears have firmly taken the lead, pushing the market downward and releasing selling pressure.
📌 Key Price Levels (Chip Life Line):
Dow Jones (YM) Life Line: 44,511
Nasdaq (NQ) Life Line: 21,468
🔴 Market Outlook: Bears Lead, Watch for Rebound Signals
📉 Early Session: Bears Maintain Pressure
The bearish momentum from yesterday is expected to persist through the early session. Selling pressure may continue dominating, making early entries risky. It’s wise to stay patient and avoid premature buying.
📈 Late Session: Rebound Potential
If selling pressure eases, the market could stabilize and attempt a rebound later in the session. Watch for key price levels being tested or reclaimed near the life lines for signs of recovery.
⏳ Strategy Insight: Stay Patient, Wait for Signals
With bears holding the upper hand, let the market fully digest selling pressure. Focus on observing how the market interacts with critical levels, especially near the life lines, before considering entry opportunities.
📢 Action Plan:
Monitor closely for signs of market stabilization or reversal.
Stay cautious and avoid hasty entries until support levels are confirmed.
Watch for potential breakouts or retests of key life lines for better trading signals.
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Bullish momentum ahead!!
🚀 Bullish Outlook on NQ100 Futures
1. 📈 Bias:
The market is trending upward, with bullish momentum building as price breaks resistance levels.
2. 🎯 Targets:
First Target: 50% of the Fair Value Gap (FVG) 📊.
Second Target: New Week Opening Gap (NWOG) 🕳️ as the final target.
3. 📋 Plan:
Entry: Wait for bullish confirmation ✅ (e.g., breakout or retest of support).
Profit-Taking:
💰 Take partial profits at the FVG midpoint.
💵 Final profits at the NWOG.
Stop-Loss: Place below the recent swing low to minimize risk ⛔.
4. 🔍 Why Bullish?
📊 Strong buying pressure is evident.
⚖️ Price is filling imbalances and gravitating toward key targets.
⚠️ Stay disciplined with risk management and watch for confirmation signals!
NQ Power Range Report with FIB Ext - 12/10/2024 SessionCME_MINI:NQZ2024
- PR High: 21482.00
- PR Low: 21458.75
- NZ Spread: 51.75
No key scheduled economic events
+240 point fade from ATH back near Friday's low
- Nearing QQQ 520 daily gap
- Holding auction at previous session lows
Session Open Stats (As of 1:15 AM 12/10)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 262.31
- Volume: 18K
- Open Int: 282K
- Trend Grade: Bull
- From BA ATH: -0.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20954
- 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
Market is Bullish and More VolatileThe market is bullish and becoming more volatile after each crisis.
We can clearly observe that after each crisis—trade war, COVID-19, and inflation reaching a high of 9%—the range of its bullish trend widens.
In this discussion, we will explore strategies to navigate this volatility effectively.
Micro E-mini Nasdaq Futures & Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
MNQ working through Daytrader/Navigator levelsJust a quick shot of how MNQ worked its way down to Navigators and Daytraders targets today with an updated Daytrader levels for tomorrow
NQ daily 12/9Well NQ is still hitting all high highs. I’m still waiting for it to drop and when it drops it will faaaaaalllllll! Still placed a buy and sell. There will be some residual from NFP but NQ did open a little above today so let’s take the pips wherever we can! Please follow your trading plan and good luck! Adjust your SL if needed
NQ daily 12/9Well NQ is still hitting all high highs. I’m still waiting for it to drop and when it drops it will faaaaaalllllll! Still placed a buy and sell. There will be some residual from NFP but NQ did open a little above today so let’s take the pips wherever we can! Please follow your trading plan and good luck! Adjust your SL if needed
NQ 4-H chart observations12.9.24 NQ 4-Hour Chart Observations- Price has been in another range/ upward channel since 11/15. Series of rounded top retests that stay well above the 20 show how strong this trend has been. This trend could continue, next bull target 21800. If bearish, first see how price reacts to 20 ema. wolfe wave target at 21204 area. Baby bearish fvg forming at 21630.
