NQ! Long from 15m iFVGNQ! dropping, looking for a retest of the 15m inversion to allow us to push higher
MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 10/16/2024 SessionCME_MINI:NQZ2024
- PR High: 20352.00
- PR Low: 20306.00
- NZ Spread: 102.75
No key scheduled economic events
Swing back below Monday's low
- Inventory front run Keltner avg cloud
Session Open Stats (As of 12:35 AM 10/16)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 306.42
- Volume: 19K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -4.0% (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
Repeating market structure on $NQIdentical inducement candles beneath arrows trigger a failed breakout long, before returning to harvest liquidity for the next move higher. Patterns are nearly identical with the exception that the new return lower took out the lower end of the initial box signaling a potential for further expansion price action (chop). Just a study idea. Be careful. This is not advice.
Nasdaq Futures (NQ) Favoring Upside Due to 5 Swing Elliott Wave Short Term Elliott Wave View in Nasdaq (NQ) suggests that the Index formed a 5 swing sequence since 8.5.2024 low. Since 5 swing Elliott Wave sequence is a motive sequence, it favors further upside. Up from 8.5.2024 low, wave 1 ended at 20025.25 and pullback in wave 2 ended at 18339.75. Wave 3 higher ended at 20538 and dips in wave 4 ended at 19818 as 1 hour chart below shows. Internal subdivision of wave 4 unfolded as a zigzag Elliott Wave structure. Down from wave 3, wave ((a)) ended at 20056 and wave ((b)) ended at 20331.75. Wave ((c)) lower ended at 19891.58 which completed wave 4 in higher degree.
The Index has turned higher in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 20267.25 and pullback in wave (ii) ended at 19902.50. Wave (iii) higher ended at 20482.75 and dips in wave (iv) ended at 20314.75. Final leg wave (v) ended at 20680 which completed wave ((i)) in higher degree. Wave ((ii)) pullback is proposed complete at 20254 with internal subdivision as an expanded flat. Near term, as far as pivot at 19819.58 low stays intact, the Index has scope to extend higher within wave 5.
NASDAQ: Push to 22K or Drop to 19K? Key Levels and Profit Zones Evening Traders
NASDAQ is hanging on to the 20,256 level, but if we break lower, we could be looking at a slide down to the 20,000-19,200 range. On the bright side, there’s a ton of support that could push us up to 21-22K. If that happens, it’s a great spot to take some profit before we hit major resistance—or worse, a deep correction.
Let’s dive into the key levels to watch and where to take action before things get bumpy. Will NASDAQ keep climbing, or are we in for a pullback?
If this gave you some insights (or at least made you think twice about your next move), give it a like, drop your thoughts in the comments, and hit follow for more updates. Your support keeps me going
Happy trading
Mindbloome Trader
Long NQ - 20192 to 20508Stoploss : $20,164.75
Entry: $20,192
Target: $20428.50 Turn on trail on 50% lot
Target: $20,508.25 Take profit 40% and let rest ride to target 3
Target: $20720.50
amazing scalp trade done in 10 secondsToday i literally made 145$ in 10 seconds, waited for the system to signal me a sell " Alert ". once to sell alert triggered i got in and got right out ; i finished the day positive 250$. The key to trading is to feed your ego and in order to feed your ego you have to receive gains. The gains can be big or small just don't get greedy , greed is the number one killer in trading stocks and in life in general.
STRATEGY ONE NQ!please refer to the photo for the strategy. That is the easiest way to trade NQ on price action SMC
NQ 4hr chart observations 10.15.2410.15.24 4hr chart observations.
Price consolidating after big move up. Range inside 4hr candle from yesterday 20484-20677.
NQ Power Range Report with FIB Ext - 10/15/2024 SessionCME_MINI:NQZ2024
- PR High: 20640.75
- PR Low: 20614.25
- NZ Spread: 59.5
No key scheduled economic events
New month highs, holding in previous session highs
Session Open Stats (As of 12:35 AM 10/15)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 297.77
- Volume: 16K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -2.7% (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
Nasdaq looks to close the gap with its Wall Street peersThe Dow and S&P 500 extended their record highs on Monday, and the Nasdaq futures looks eager to jump out the gate during Asian trade and close the gap. And with asset managers increasing bullish bets on the tech-focused market, perhaps it can make a record high of its own.
MS
How Smart Money Traps Retail TradersExplaining How Smart Money Traps Retail Traders. Explaining Consolidation and the engineered liquidity by institutions to create orders to buy and push price around.
It's a TARP!!!!
Top 5 Weekly Trade Ideas #1 - NQ Ascending WedgeNQ is trying to break above a previous high, the last swing high before ATH. Nice pump early in the session after breaking above and it's holding on a retest so far. We also have an ascending wedge here that it rejected off of earlier this morning.
20,560 is the level I'm watching with ATH/supply above and demand below. If the demand below doesn't hold and NQ falls below 20k, next downside target would be the trendline below and demand near 19,700.
As long as it holds above 20,560 I will have long bias, it wouldn't be until 20k gets broken where I'd start to be more bearish in the bigger picture.
using AI to get im using a robot to find the perfect entry for the " Sell " play. The robot made me 500$ in less then 1 min.
NQ 4 hour chart observations10.14.24 4hr chart observations.
Finally closed orderblock from July. This move happened with a fairly low volume. Next level up all time high. If remains bullish- unlimited upside. If bearish, no orderblocks or fvg left above. If it starts building bearish gaps we could see a violent downside move within the next few days or weeks.
NASDAQ
**NASDAQ:**
TThis week's forecast is for the price to rise but before that, it needs to fall slightly.
NQ Power Range Report with FIB Ext - 10/14/2024 SessionCME_MINI:NQZ2024
- PR High: 20443.75
- PR Low: 20407.50
- NZ Spread: 81.25
No key scheduled economic events
- Technically a US holiday
Maintaining Thu-Fri range
Session Open Stats (As of 12:45 AM 10/14)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 300.40
- Volume: 19K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -3.7% (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
NASDAQ SHORT TRADE IDEAMarket Makers' Bias:
-Fund Managers are currently holding net selling positions and signaling a bearish divergence on the Weekly price chart.
The last time Fund Managers showed net buying positions with a bullish divergence, the market rallied for an entire week afterward; Now a bearish divergence
Additional Fundamental Bias:
-The Nasdaq appears overvalued relative to U.S. Treasury bonds, suggesting that tech stocks within the Nasdaq Index, such as #AAPL, #META, and #GOOG, may be similarly overvalued and likely to experience a downturn.
-We also have Price gaps, they normally act as a magnet to be filled.
Technical Analysis portion:
-We are just hit the weekly covered daily Supply zone, price could be ready for a bearish move now.
-Opposing gap zones and Demand zone can be your potential profit target.
OTHERS:
>Scalpers can ride the bullish trending week
>Long term traders can position for a Sell for next week or position a Long trade at Supply for a retest.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Let’s see how this plays out... 👀👀
NQ1 10.13-10.18.24Bearish Pattern,
Invalidate Bearish pattern : $20,508.25
Stop-loss: $20,494.25
Entry: 20,473.50
(TP 50% lot and start $22.50 Trail)1st Target: $20,056.00
2nd Target: $19,758.00
WEEKLY FOREX FORECAST OCT. 14-18th: BUY THE NASDAQ 100? YES!The NASDAQ looks to have supporting structure for higher prices. The bullish momentum is there, but it lacks the +FVGs that are present in the S&P500. Bullish, yes, but a bit weaker
There is some potential for a limited pullback, though. But I would view it as a better price for a possible long entry.
What are your thoughts....?
Check the comments section below for updates regarding this analysis throughout the week.
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May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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Fridays Big Trade! (NQZ2024)Here is something new. I am looking at a small window of time for entries. Everything is marked out on the One minute time frame. Do you see what I see?
Not trade advice just a new area of Study.
Thursday was kinda a Drag.. (NQZ2024)Here is something new. I am looking at a small window of time for entries. Everything is marked out on the One minute time frame. Do you see what I see?
Not trade advice just a new area of Study.
