Nasdaq Futures Evaluation

TradeCompass: Nasdaq Worth Prediction and Futures Evaluation for At the moment (January 29, 2025)

On the time of this Nasdaq futures evaluation, NQ is buying and selling at 21,559. Beneath is the detailed breakdown of as we speak’s bullish and bearish eventualities for Nasdaq futures, aligned with the TradeCompass methodology.

Bearish State of affairs for Nasdaq Futures At the moment

We flip bearish if the value drops under 21,547, a key stage just below the 2nd higher commonplace deviation of VWAP from January 27, 2025. The next revenue targets are set for this bearish transfer:

1. 21,529.5 – Positioned simply above the worth space excessive (VAH) of January 28, 2025.
2. 21,453 – Above vital ranges that embrace:
   • POC (Level of Management) from January 7, 2025.
   • VAH ranges from January 16 and 17, 2025.
3. 21,427.5 – Near yesterday’s VWAP, providing a superb alternative for partial revenue.
4. 21,354 (Runner) – Above the POC of yesterday, for merchants looking for prolonged bearish targets.

These targets mirror a powerful bearish outlook if Nasdaq futures break under 21,547, providing clear ranges to observe for potential draw back momentum.

Bullish State of affairs for Nasdaq Futures At the moment

We flip bullish if the value climbs above 21,580, signaling energy. The bullish revenue targets are as follows:

1. 21,619 – A strong stage for taking partial revenue. At this level, think about shifting the cease to the entry to handle threat because the lengthy place extends.
2. 21,711 – Just under the POC of January 21, 2025, appearing as the subsequent bullish goal.
3. 21,759 – Positioned below the worth space low (VAL) from January 21, 2025.
4. 21,890 (Last goal) – Just under the VAL of January 24, 2025, marking a possible robust rally completion.

These bullish targets present actionable insights into potential value motion above key resistance ranges for Nasdaq futures.

Nasdaq Worth Prediction: Key Takeaways

• Bearish Bias: Beneath 21,547, aiming for multi-level targets, together with 21,529.5 and 21,427.5 as key milestones.
• Bullish Bias: Above 21,565, with 21,619 and 21,711 providing significant revenue zones.
• Make use of partial profit-taking methods to lock in beneficial properties and handle threat successfully.

Why These Ranges Matter for At the moment’s Nasdaq Futures Evaluation

• Worth Space (VA): The worth vary the place 70% of buying and selling quantity happens, reflecting the market’s accepted value ranges.
• VAH/VAL: The higher and decrease boundaries of the Worth Space, typically appearing as resistance or help.
• POC: The worth stage with the very best quantity traded, indicating a powerful liquidity zone.
• VWAP (Quantity-Weighted Common Worth): A dynamic common that helps merchants determine market sentiment and potential reversal factors.

Understanding these ranges in as we speak’s Nasdaq futures buying and selling may help merchants determine high-probability setups and handle trades successfully.

Nasdaq Futures Buying and selling Disclaimer

Commerce Nasdaq futures at your personal threat. Go to ForexLive.com for extra views on as we speak’s markets and buying and selling insights. Go to ForexLive.com for extra views.

This text was written by Itai Levitan at www.ubaidahsan.com.



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