TradeCompass for Nasdaq Futures, Jan 16 2025, 1 minute earlier than the open

TradeCompass for Nasdaq Futures (NQ, March 2025 Contract) – January 16, 2025

Present Context:

• Present Value: 21,4492 (1 minute earlier than the market opens).
• Activation Degree: 21,640
  • This TradeCompass turns into energetic provided that NQ reaches 21,640.
  • Under this stage, no directional bias is established.

Outlined Vary:

• Bullish Threshold: 21,681
  • Above this stage, the bias turns bullish.
• Bearish Threshold: 21,610
  • Under this stage, the bias turns bearish.

Commerce Situations for NQ:

Bullish Setup (Above 21,681):

• Revenue Targets:
  1. 21,700 – A fast goal close to a psychological spherical quantity.
  2. 21,770 – An intermediate goal for momentum continuation.
  3. 21,833 – Slightly below the worth space excessive from January sixth.

Bearish Setup (Under 21,610):

• Revenue Targets:
  1. 21,552 – Above the January seventh VWAP.
  2. 21,481 – Simply above the present POC on the time of this evaluation.
  3. 21,411 – Above the worth space excessive of January 15th.
  4. 21,312 – Above the January 15th VWAP.

Danger Administration Steerage:

• Cease-Loss Placement:

  • After filling the primary revenue goal, take into account shifting the cease to the entry worth to mitigate threat.
  • Be sure that stops are positioned strategically to stability threat and permit room for worth fluctuations inside the outlined vary.

• Scaling Out:

  • Take partial income at every stage to safe beneficial properties whereas sustaining a place for additional strikes.

Technique Overview:

This TradeCompass offers clear thresholds and targets, designed to information merchants on potential bullish or bearish alternatives solely after NQ reaches 21,640. The strategy ensures disciplined buying and selling by ready for a important worth activation stage earlier than taking positions.

Abstract for in the present day’s Nasdaq futures TradeCompass:

• Activation Degree: 21,640
• Bullish Threshold: 21,681
• Bearish Threshold: 21,610
• Key Targets:
  • Bullish: 21,700, 21,770, 21,833.
  • Bearish: 21,552, 21,481, 21,411, 21,312.

Remaining Notes:

This fine-tuned TradeCompass for Nasdaq futures focuses on precision and disciplined execution. By ready for the market to succeed in a important activation stage, merchants can keep away from pointless noise and act solely when worth reaches important ranges.

Disclaimer: This evaluation is for academic functions solely. All the time commerce at your personal threat and guarantee sound threat administration practices. For extra views, go to ForexLive.com.

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



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