MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 4/23/2025 SessionCME_MINI:NQM2025
- PR High: 18771.75
- PR Low: 18644.00
- NZ Spread: 285.75
Key scheduled economic events:
09:45 | S&P Global Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales
10:30 | Crude Inventories
Major +1.5% session gap, unfilled to 18400
Session Open Stats (As of 12:15 AM 4/23)
- Session Open ATR: 752.66
- Volume: 58K
- Open Int: 241K
- Trend Grade: Bear
- From BA ATH: -17.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
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: 175th trading session - recapRather good session today, good pre-market prep. However, I was a bit too tired which is obviously not good. But I walso don't want to put too much caffeine into my body that can't be healthy.
Also, take every clue you get as indication on what might happen. I know that you want "the range to break/ the pullback to continue", but if it simply doesn't do those things then take that as negative consolidation.
X3: FUTURES NQ SCALP 1:1 Pending OrderFUTURES NQ SCALP 1:1FUTURES NQ SCALP 1:1 Pending Order
Risking 1% to make 1%
If price comes down and long not triggered: cancel it, I will update in comment.
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
NQ Power Range Report with FIB Ext - 4/22/2025 SessionCME_MINI:NQM2025
- PR High: 17934.25
- PR Low: 17863.75
- NZ Spread: 157.5
No key scheduled economic events
Rollover to 17700 inventory
- Responding above previous session close, beginning inside print
Session Open Stats (As of 12:45 AM 4/22)
- Session Open ATR: 744.58
- Volume: 42K
- Open Int: 242K
- Trend Grade: Bear
- From BA ATH: -20.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
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 (NQ1!) Weekly Chart Analysis – What’s Next? (Week 16)📌 Title:
NASDAQ – 18,000 Holding, But Downside Risk Remains
Review of Last week's outlook:
I said that buying between 18,600 and 18,700 on the 12-hour chart would be reasonable,
but if a 12-hour candle closed below 18,500, it would be a major warning signal.
That strategy was valid at least until Tuesday.
But then three more 12-hour candles formed,
and Tuesday's closing price was 18,938.
The market opened Wednesday with a gap down at 18,790.
Looking at the chart at that time,
price had dropped below the 200-day line on the 2-day chart,
and the 12-hour chart was also not looking good.
So the strategy of buying near 18,600 on the 12-hour chart was no longer valid.
I had mentioned that if a 12-hour candle closed below 18,500,
it could get very dangerous.
And on the 4-hour chart, I had suggested short-term scalping was possible in the low 18,000s.
As expected, there was one bounce from that level,
but the price continued to fall after that.
📋 Description:
Now, NASDAQ is currently hovering near 18,000.
Although volatility remains low, price action continues to drift lower with weak momentum on higher timeframes.
Key Technical Observations:
• 📉 Still inside the 5-day bullish Ichimoku cloud
• 📍 17,000 = Bottom of the Bi-weekly Kumo + 3D 200SMA
• 📍 16,500 = Previous swing low, potential double bottom area
• 📈 18,400 = Needs to be reclaimed by weekly close to consider range recovery
A clean break below 17,700 could open the path toward 17,000, and possibly lower.
For now, this is a watch-and-react zone not yet a clear buy or sell signal, but conditions are forming for the next move.
🔁 Bias: Neutral to Bearish
⏳ Strategy: Wait for confirmation at 17,700 or breakdown
How low will we go :)Market Outlook: How Low Can It Go? 🚨
As the market faces increasing uncertainty, with trade wars, inflation concerns, and even talks of war looming, many are wondering just how low the market can go. Looking at the long-term weekly chart of the NASDAQ 100, we can draw several important insights. 📉
The chart clearly highlights key retracement levels from previous cycles:
2000-2002 saw the market plummet by 83% from its peak 🔴.
2008-2009 experienced a 57% drop 🟠.
In the current cycle, we have already seen a 26% drop from the previous highs, and many are wondering if we will see 37% similar moves as past market corrections.
Looking ahead, key levels to watch include:
60% and 70% retracements from the peak 🟢.
The 83% drop level which historically signals massive corrections 🔵.
The 93% drop from the top, which mirrors the all-time low seen during previous major market crashes 🟣.
The market has already shown signs of consolidation and increased volatility, with investors uncertain about the future direction. A possible recession or worsening economic conditions could push us closer to these historically low levels, especially if inflation continues to rise and trade tensions worsen.
The chart suggests the potential for further downside in the short term, and we could see the market move closer to the COVID lows again if these macroeconomic issues persist. ⏳
But here’s the key question: Are we heading back to these deep levels, or is there a glimmer of hope for a recovery in the near future? Let us know your thoughts in the comments below! 👇
Stay tuned for more updates on how the market is reacting to these pressures. 📊
This chart provides a historical perspective on the NASDAQ’s behavior during past recessions and could help guide your trading strategies moving forward.
Shark News🦈
Let me know your thoughts in the comments below...
2025-04-21 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Very good trend by the bears but the close was bad for them. Giant tail below this daily bar and if they can not keep the market from retracing more than this 50%, we could reverse this to test 18200+ again. If we stay below 18000, I heavily favor the bears but for now I’m rather neutral and assess where we are before EU opens tomorrow.
current market cycle: bear trend continues for now
key levels: 16000 - 18500
bull case: Bulls need to break above the 50% retracement for today and can then continue higher to test the upper bear channel line around 18300. Any tariff news could get us there but todays news were bad at best. Bulls don’t have much until they reverse this day and claim 18170 again.
Invalidation is below 17700.
bear case: Bears got the breakout below and are on their way of retesting the lows but they have the problem, that we have not seen two consecutive decent trend days since 3 weeks ago when we sold from 20000. So what are the odds of another strong bear day tomorrow? Very low. Best for bears would be, if they kept the market below the 50% pb from today below 17940. This would leave a giant open gap and increase the odds of continuation down. Right now the bear channel down is very broad and I don’t think many bears will hold above 18000 and a decent bar above the 1h 20ema. If today was indeed the acceleration of this potential W5, we should see another strong trend day tomorrow and go for 17000.
Invalidation is above 18050ish.
short term: Bearish if we stay below 18000. Right now channel is broad and could go up to 18300. 1h 20ema should be latest resistance by the bears or we will likely test 18200 or 18300. If we continue down, next support is 17400, then my measured move target around 17250 and below is 17000.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We had the clear W1 and W3 but now it’s messy.
trade of the day: Short from Globex open.
NQ Range (04-21-25)Sell in May should NAZ float back up or, Buy in May should it drop from here. The Buy in May would be near lower range or 17,000-500. Yellow Zone to left is the 10-15 minute "insider trading" move that was needed to get the NAZ away from the Danger Zone of death. Not much doing since so expect more of the same with tricks, games and O/N magic rides higher. Reg Session seems to still prefer the sell button. Anyway, until we break out of this range (could be weeks or minutes, as we have seen) we are in a range of insignificant noise. NDX Chart below, Diablo is hanging Tough.
NQ: 174th trading session - recapMy psychology is definitely getting better, I'm excited and ready to face the markets. That's really all I need right now. Waiting for my setups, I'm patient, focused. But there's one really bad thing rn: I'm not obsessed, I need to become obsessed again. Yk, like dreaming about it n sh*t - that is so f*cking important you don't even know.
Excited for the week, it's the last week of the holidays, I can trade everyday. Hell yea.
FUTURES NQ SCALP 1:1 Pending OrderFUTURES NQ SCALP 1:1FUTURES NQ SCALP 1:1 Pending Order
Risking 1% to make 2%
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
MNQ Outlook 4-21-25Toying around with posting publicly welcome back folks.
MNQ still is yet to pick a direction following the big run on wednesday 2 weeks ago. long term I think path of least resistance is for price to continue to chase sellside liquidity. However that high that was put in on that wednesday may be cleared out first.
In any case my trade bias is always day by day and what is offered to me during my trading window.
Please note this is not investment advice.