NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
NASDAQ climbed into the strong supply area and could not overtake it and currently trades between two strong regions
Nq_f
NQ is flaggingWatch for the failure or a breakout, it will be clear soon
Im not adding to my short till tomorrow's EOD.
MOC is on the buy side
Ideally we hold 3630ES and push to 3730 and fail, will check EOD to determine being long into tomorrow or not
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
Gold moves inside a very strong bounce zone that is difficult to penetrate and all we have to do is get it up until it comes out of the designated area to take a healthy position.
NQ target zone for tomorrowI want to see at least 3% rally into Wednesday am max, ideally all tomorrow
NASDAQ 100 E-MINI FUTURESNASDAQ 100 E-MINI FUTURES
He made a very strong landing and broke us the strongest strong demand zones that we have identified and this analysis is very strong and it is likely to continue landing to the lowest points
NQ has support at 11210-40I have my MNQ set to cover at 11240, will start buying in that circle on the chart
NQ is about to break from its triangleWatch this triangle to break one way or the other.
Im still looking for lower into tomorrow
NASDAQ 100 E-MINI FUTURESWe have a very strong resistance that the market is incredibly respected and we also have a showcase area that the market is likely to reach today.
NQ bull flagginNQ same as the ES is bull flagging, ideally we see 11140 or a bit lower and then another push up
Nasdaq: Calling the interim lowI am buying NQ with BOTH HANDS here. 2nd October 2022 is exactly 314 days from the November 2021 high. Im calling the low.
NQ watch for this trend channel to be broken to the upsideIm going to exit remaining of my MNQ short at 11060-70 zone (if it gets there)
Also started ES longs and 366 SPY calls
Have a great weekend
NQ: Buy it here the fear is overdoneNQ has tested its prior bottom and appears to be holding support. The risk/reward is skewed to longs here for a rally to 12400
NQ - still time for the right shoulderIm long here NQ and ES, tight stop though.
Needs above 11275, the target is 11380-90 by 6am or so.
If we see this move before the PCE numbers, I will exit longs and go short.
What if it will be a repeat of what happened last time PCE number was out.
Tomorrow should move the price above the last several days range, its also a directional change day and it could be a move in one direction but outside of the range.
So a low tomorrow or Monday (Im in a low on Fri/Sun for the futs) and rally into at least 5th or even 7th.
The rally will be muted and choppy imo just to reset the indicators.
Tomorrow is a not weekly, but monthly and quarterly closing!
Should be very interesting close and if it looses today's lows we could see another 100 points plus cut
Have a good night!
NASDAQ 100 E-MINI FUTURESIt reached very strong demand areas and it is very strong support points that can bounce back from it and in case we see a strong break to the zone we will get good momentum
NQ H&S can still be in playI have added some MNQ short on this spike, stop at 255 and started Oct 21st puts again
Done for today, watching the close and 3636-39SPX
NASDAQ - Potential REVERSALNASDAQ is currently at a major support. What I'm noticing is that it is almost identical price action as happened in June. Nasdaq had a major bounce on 6/15 which was followed by a heavy sell day on 6/16 (very much like today). However it was immediately reversed the following day on 6/17. The breakdown on 6/16 ended up being a big bear trap which ended up with a bull run into mid August.
As usual - NOT A PREDICTION. Just an observation of price action and trying to keep an un-biased view.
PLAN: Watching today's closing price and where we end up tomorrow. /NQ is at a major turning point.
NQ possible H&S for 500 more points down!Interesting, latest NQ update disappeared from my page, reposting again
This is getting more interesting, watching this possible pathway!
Will short at the resistance line for higher right shoulder
NQ possible H&S for 500 more points down!This is getting more interesting, watching this possible pathway!
Will short at the resistance line for higher right shoulder
NQ is looking much lower!Here are the levels of importance for NQ on the downside:
- 11060
- 10656-500
- 10300
- 9990
The last 2 numbers are the main target zone now
I want one more push tomorrow.
Since it's not only weekly, but monthly and (very important) quarterly closing this Fri.
Last 2 quarter ends both resulted in selling last 2 days, something to pay attention to.
So a flush is very possible to start as early as tomorrow or ideally after Oct 3rd high.
I have closed my ES short at 3715.50, 3710.5 from 3727 and waiting to enter with some longs, but will have stops, dont want to wake up with a huge gap down.
Also Im in with some SPY 351 Oct 21st puts and some Fri SPY calls from the close.
If we break down, I will be entering to my swing MNQ position.
For now I want to see a standard 50-61.8% retracement to get long in am.
ES is at 3665 (main target) and 3682
NQ is at 11377 and 11322 (I like 11355 as a target)
Here is 1h chart with support and resistance white lines
Good night
NQ is at its own resistance levelSo here is NQ at the same stop as the ES, must hold here, then tomorrow's low should be a higher low and then we breakout into Oct 3rd high with the window dressing rally (those become rare this year)
NQ is testing the bottom of the bear flagWatch this bear flag to break and we see 11165-35 very quick.
Main support is at 11234, breaking that will flush quick
I have the price down to even 11050-60 level.
Very important to hold here.
My thinking is we sell off into the open and move up after Powell speech tomorrow am
Today's action off the low could be another trap for the perma bulls to call it the low...
Will be waking up early tomorrow to watch the market and see where I add to my SPXL and some Oct calls long position I started today
P.S. DO NOT GO LONG Heavy! This can crash and the crashes come from the oversold conditions! Size properly and have stops or more powder to add
NQ is at maj support terretoryHere are the support levels to watch:
- 11167-75 (My target for a while)
- 11058.50
- 10656.50
Maj Resistance is at 12260, above and it will squeeze back to 14k imo
But the pressure is still down, Oct should bring 10k zone imo.
My plan for tomorrow is buy am lows
Have a good night
NQ is getting close to its first main target of 11180Its getting close, should hit next week.
Its still not a place to be long imo, we are still in a rabbit hole
SPX can see 3200 level next month!
Powell damage control is here, dont get trapped if we go up into the close
BTW here is a link from days ago, you know where the price is now
