Nasdaq buying and selling map by TradeCompass

Commerce Compass – NASDAQ Futures (February 17, 2025, and maybe for this week, relying on how NQ worth develops… Take a look at these key worth ranges on the map)

NASDAQ Futures is presently buying and selling at 22,230, sitting simply barely under right now’s VWAP, which is round 22,233. At this second, the market is impartial, and Commerce Compass stays inactive till worth strikes past the bullish or bearish thresholds outlined under.

📈 Bullish Situation (Above 22,237)

• Bullish activation stage: 22,237 (above VWAP and a latest HVN)
• Quick-term targets:
  • 22,245 – Fast revenue goal, just under right now’s Level of Management (POC)
  • 22,257 – One other revenue goal, just under right now’s Worth Space Excessive (VAH)
• Prolonged targets:
  • 22,292 – Third higher VWAP customary deviation
  • 22,350 – Semi-round quantity, potential resistance
  • 22,397 – Just below 22,400, a psychological resistance
  • 22,422 – All-time excessive, a serious liquidity magnet

💡 Key Perception:

• If NASDAQ trades above 22,237, bullish momentum is predicted to extend.
• The all-time excessive (22,422) may act as a magnet, with stops and liquidity positioned round that stage.
• Bulls ought to take into account taking partial earnings at key ranges to handle threat and keep away from reversals.

📉 Bearish Situation (Beneath 22,165)

• Bearish activation stage: 22,165 (under Friday’s VAH at 22,170, nonetheless a unadorned stage)
• Quick-term targets:
  • 22,142 – Above Friday’s VWAP, an inexpensive profit-taking zone
  • 22,135 – Above Friday’s POC, further brief goal
  • 22,110 – Close to Friday’s VAL (worth space low)
• Prolonged targets:
  • 22,061 – Key worth stage for additional draw back
  • 22,035 – Close to Thursday’s VAH (22,031), potential help

💡 Key Perception:

• If worth breaks under 22,165, bearish stress may speed up.
• Revenue-taking alongside the way in which is beneficial to mitigate threat—particularly if the market remains to be buying and selling in a variety.

🚦 Present Market Standing: Impartial

• NASDAQ is neither bullish nor bearish but.
• Commerce Compass prompts provided that worth crosses the bullish or bearish threshold.
• Merchants ought to look forward to affirmation earlier than contemplating a place.

🛠 Use This Commerce Compass

• Some merchants commerce immediately off these ranges for revenue targets.
• Others use them for scalping or fading strikes close to these key worth ranges.
• The aim is to not go all-in on one transfer however to take earnings incrementally and scale back publicity because the commerce progresses.

⏳ Reminder: Markets typically commerce in ranges, not all the time in breakout mode. Taking earnings at structured ranges can forestall frustration if worth reverses.

📍 For added market insights, go to ForexLive.com

Have an amazing buying and selling week! 🚀

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



Source link