Nasdaq Perspective on M15Expecting support at 19900 - 19875 zone to hold price for a bounce up to 20075 -20125 Resistance zone.
MNQ1! trade ideas
BEARS ARE INTERESTED - Nasdaq Drop Off/Fall.19775 is a support to Ride towards. We are likely to battle the ….75.00 levels on the chart. We had a strong end of month Bearish close with a 370 points drop. Red news folders will be a great catalyst to reach this level.
20240628I anticipate more downside through this day PA. The bump on the road is anticipated at d bisi CE level and I would like to see some corrective upside setback closer to the 9.45 HI news release. After that HI news even I anticipate more downside. I have modest DOL to the downside at d bisi CE level.
NQ Range (06-03-24)Looking for the typical and predictable Friday-Monday Close rally play. Friday had the usual and typical late day redirect, only to start another low volume U Turn. They do it when most have gone for the day or we are near a Holiday. Now the O/N (low volume) lift is just creating the Long Chase. Need to see some big selling or this is just going back to 19,000. May 20 (yellow arrow) call did Play out, back in the range now. Solid arrows are previous calls and dash is current range.
NQ Breakout NQ didn't have much of a reaction to PCE, but has rocketed after consumer sentiment came in better than expected. Seems like the market is going to be full risk on mode for the summer at this point. We made it through PCE and more jobs data, no fear whatsoever. Next stop is ATH, we'll see if this holds up, seems like I lt will for now.
6/28 New Day New Idea..... Will the bulls save it GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
😏 😏 😏
06/28/2024
**News** ON THE BLOCK TODAY!!!!
***Personal Income and Outlays*** ⚠️ **RED FOLDER** ⚠️
8:30 AM ET
***Chicago PMI***
9:45 AM ET
***Consumer Sentiment***
10:00 AM ET
@everyone
***Midnight*** **CONSENTRATED CONSOLIDATION **
*#ES 5560.50*
*#NQ 20131.50*
💰 **BUYSIDE**💰
***#ES 5588.25***.--->Above this level we look for --->....
🟢 5604
🟢 5616.75
🟢 5639.50
🟢 5653.25
🟢 5676.85
***#NQ 20141.50***...---> Above this level we look for-->
🟢 20151.50
🟢 20201.50
🟢 20246.00
🟢 20292.25
🟢 20332.50
💰 **SELLSIDE**💰
***#ES 5552.50***--- Below this level and we look for
🔴 5537.50
🔴 5509
🔴 5489.25
🔴 5468.75
🔴 5436.50
🔴 5406
***#NQ 20092***---> Below this level and we look for
🔴 20052.25
🔴 20012.50
🔴 19956.5
🔴 19904.00
🔴 19880.25
🔴 19812.50
🔴 19775.25
🔴 19749.50
🔴 19693.25
🔴 19647.75
NQ1!: Levels leading into PCE Its been a minute since I have posted on futures and an intra-day idea.
Here are the levels to watch for NQ.
Looks like its heading to a rejecton zone (Green box). From there, the anticipation is to retrace the neutral range.
Wouldn't be shook to see it go to the red box.
Major rejection/support zones outlined with the teal lines.
Overall bias intra-day is immediately bullish but rejection at the rejection zone.
NQ PCE Rejection PCE came in mostly as expected and some numbers were even cooler than expected. I thought this would likely spark a rally,.but so far NQ is rejecting off the top end of an ascending wedge. We'll see.how.things play out, 20k is still my line in the sand, will be watching the highs from premarket and the lows from earlier in the week.
Today's analysis.That's the analysis for today. We have a high impact news story. Watch it. If anything changes, I'll keep you posted
Nas100 Playbook setupLooking for a Quasimodo play. A head and shoulder formation at 20,115 and a 100 points drop. We might see that end of month drop with High impact news as a catalyst .
Nasdaq dropLiquidity waiting to be grabbed at 20,000 and 19,950. With 20,100 to 20,200 acting as Resistance
NQ Power Range Report with FIB Ext - 6/28/2024 SessionCME_MINI:NQU2024
- PR High: 20089.50
- PR Low: 20061.00
- NZ Spread: 63.5
Key economic calendar events
08:30 | Core PCE Price Index (2x)
09:45 | Chicago PMI
11:00 | Fed Monetary Policy Report
Last trading day of the month before US holiday week
19800 pivot zone follow through.
- Lifting value above 20000
- Upward 20 Keltner avg above 19600
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 245.47
- Volume: 26K
- Open Int: 246K
- Trend Grade: Bull
- From BA ATH: -1.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- 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
NQ1 to the MoonBullish market, waiting on a retracement to our Liquidity zone and then look for an entry
ANALYSIS NASDAQ 28/06/2024NASDAQ 100 futures (NQU2024) on TradingView, showing various technical analysis elements including trend lines, Fibonacci retracement levels, and price channels. Here’s an analysis based on the chart:
Current Price Action:
The current price is around 20,096.75.
There is a visible upward trend from the recent lows around 19,729.75.
Trend Lines:
Several ascending trend lines are drawn, indicating potential support levels.
A significant upward trend line starts from the bottom left, showing the long-term upward momentum.
There is a sharp, nearly vertical line indicating a potential rapid rise scenario.
Fibonacci Retracement Levels:
Key Fibonacci levels are marked, including 0.5 (20,051.00) and 0.618 (20,126.75), suggesting potential resistance or support points.
The 1.618 extension level is at 20,424.75, indicating a possible target if the price breaks above current resistance levels.
Price Channels:
Multiple orange channels are drawn, illustrating different slopes of price movement, with the price oscillating within these channels.
The price is currently near the upper boundary of a mid-term ascending channel, which could act as resistance.
Support and Resistance Levels:
Horizontal lines indicate critical support (19,729.75) and resistance (20,211.50) levels.
The resistance at 20,211.50 coincides with a recent high and a Fibonacci retracement level.
Projected Movements:
If the price maintains its upward momentum, it may test the resistance at 20,211.50 and potentially aim for the 1.618 extension at 20,424.75.
A break below the current support level at 20,051.00 might lead to a decline towards the lower trend line around 19,879.50 or even lower.
Conclusion:
The NASDAQ 100 futures are showing a generally bullish trend with potential resistance at 20,211.50. Traders should watch for breakouts above this level for further upside potential towards 20,424.75. Conversely, a failure to hold above the support level at 20,051.00 could lead to a downside move, with key support around 19,879.50.
NASDAQ 100 futures (NQU2024) chart, we can identify key entry and exit points using support, resistance levels, and trend lines observed.
Buy Strategies:
Buy Entry:
Price Level: Around 20,051.00 (Fibonacci 0.5 level and nearby support).
Condition: Confirmation of a bounce from this level, such as a bullish candlestick or a reversal pattern.
Target 1: 20,211.50 (nearby resistance and Fibonacci 1.0 level).
Target 2: 20,372.00 (next resistance level and potential Fibonacci extension).
Target 3: 20,424.75 (Fibonacci 1.618 extension).
Stop Loss: Below the support level at 19,879.50.
Buy Entry:
Price Level: Around 19,729.75 (recent low and support level).
Condition: Confirmation of a bounce from this level, such as a bullish candlestick or a reversal pattern.
Target 1: 20,051.00 (nearby resistance and Fibonacci 0.5 level).
Target 2: 20,211.50 (next resistance level and Fibonacci 1.0 level).
Stop Loss: Below the support level at 19,562.50.
Sell Strategies:
Sell Entry:
Price Level: Around 20,211.50 (nearby resistance and Fibonacci 1.0 level).
Condition: Confirmation of rejection from this level, such as a bearish candlestick or a reversal pattern.
Target 1: 20,051.00 (nearby support and Fibonacci 0.5 level).
Target 2: 19,879.50 (next support level).
Stop Loss: Above the resistance level at 20,372.00.
Sell Entry:
Price Level: Around 20,126.75 (Fibonacci 0.618 level).
Condition: Confirmation of rejection from this level, such as a bearish candlestick or a reversal pattern.
Target 1: 20,051.00 (nearby support and Fibonacci 0.5 level).
Target 2: 19,879.50 (next support level).
Stop Loss: Above the resistance level at 20,211.50.
Important Notes:
Confirmation: It is crucial to wait for confirmations at the mentioned levels before entering a trade. This can include candlestick patterns, additional technical indicators (like RSI or MACD), or trading volumes.
Risk Management: Always use stop-loss orders to limit potential losses. Risk management is key in trading.
Monitoring: Continuously monitor the market and adjust strategies based on new developments and price movements.
M15 Chart: H4 Time Range + H1 Candles withinThis chart provides a M15 view of price...within H4 Range.
> it ALSO identifies each individual H1 candle (and their ranges)....within the H4.
This allows you to view and find sweeps of liquidity in the underlying instrument - in the M15 timeframe....using MUCH higher timeframe ranges as your guide.
THE HOUSE CAPITALIZED LONG ON NQ NY Session!!CME_MINI:NQ1!
This is just a simple txt-book break and retest play LONG @ Major Key Level $20K and ran all the way to TP!! Sellers were having a hard time defending $20K because there was no real follow through to the downside as buyers kept pushing price back into that level of pricing. So once I noticed how Price broke above MKL $20K on the 30m TF N Below I decided to enter the market. SO I Marketed Executed LONG and targeted the next Minor S&R Level ($20080.00). Price ran all the way to TP for 315 points in my favor LONG and gave me +2.5RR Portfolio Gain. Gr8 way to end the week Profitable!
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Keep Steppn!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
CongratulationsCongratulations to those who caught the buy. You might have a chance to get a sell. Be patient and see what the market is going to do
Bullish todayToday I will wait for the market to take sellside liquidity. In case anything changes, I have a link in my bio that you can access to see the market changes. I will keep you updated there.
NQ IdeaSame Idea as my last post, we had a just retraced, I still hold the same bias however. Weekly, Daily, 4H, 1H, 15M All turned Bullish now I want to see that Low Of Day Stay in place and not be swept.
Target, Daily SIBI/Highs for Buy Side Liquidity.
NQ Power Range Report with FIB Ext - 6/27/2024 SessionCME_MINI:NQU2024
- PR High: 19963.00
- PR Low: 19925.50
- NZ Spread: 84.0
Key economic calendar events
08:30 | Initial Jobless Claims
- Durable Goods Orders
- GDP
Rolling back into Mon-Tue range
- Prev session rangebound near Tue highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 247.28
- Volume: 23K
- Open Int: 247K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- 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
NQ Scalping Ranges 6-26/27SEED_ALEXDRAYM_SHORTINTEREST2:NQ need to hold yesterdays lows at 19.9k for more upside or else 19.8 is in play. POC neutral at 19,968 which would be upside target but volume has to be there to support thesis.
- This is my opinion and not to be taken as financial advice. Always do your own research!!
Beautiful risk to reward with simple and obvious target Please study this possible price delivery.
Warm regards,
Trading as a Business
