Nasdaq-Simple Intraday Strategy

I was stopped out!
Done for the day... Looking for the news.

End of day analysis!

1- From TA perspective, nothing has changed; we're still inside the daily red candle.
2- Apple results were good, but they had Weak iPhone sales end of year due to competition and AI rollout issues (Apple is lagging in AI)
3- NVDA and all semi-cond AI sector is struggling after Deep-seek news.
4- Trump continues his tweets with tariffs... this is the new trading environment and it'll be very difficult to trade.

From this point, pay attention to NVDA. If it looses $100, we should see a deep dive down in NQ.
So trade safely...

Good day!
NQ is up towards the high of the daily Red Candle.
Today is the End of month.
The opening range was bullish.

Here is my planned buy entry.

Already in for the buy, saw your analysis on NVDA, have some shares there. Mark up on the 4H showed a break and close for the buy, heavy signal! lets ride!!!!

It was very quick and it missed my entry level. The retrace did not touch it!
Let see how is the reaction now!

Moved SL to ptofit, tops off, in gold buy as well. Lets see how she behaves

A rejection is underway from 5min TF. A confirmation from higher TF is needed to go short. Let see how H1 closes!

Bulls have had the upper hand. A continuation is expected to ATH.
I might enter a buy order if price retests again the high of the daily red candle.

I got in the sell side, against the trend, with a small position. Just following my feeling!

I banked 60 points and closed it at the retest of the high of the daily red candle.

Going long with the trend.

Stopped!

We're exactly in the tweet environment!

Today's close (M/W/D) is very important for what is coming.

NVDA, AMD and all semi-cond are loosing foot! this is telling what is coming.

Upcoming weekly analysis!
FA Analysis:
1- Trump's tariffs on CAN, MEX and China are effective; Next Europe... This is a self-destruction of US in the MT< The kneejerk reaction will fade out in the next few days.
2- The cracks in the Trump-Musk honeymoon are underway; the top in Tesla will be locked during this quarter and the free fall will start in the very near future.
3- NVDA and all AI sector is under adjustments in terms of price; i.e., if NVDA loses $100 level, we might see $80 in few sessions.

=) All the above are bad news for US equities, NQ.

4- This week, we have another important earnings week with many major players: GOOG, AMD, AMZN..
5- NFP week with few other relevant data: I'm not sure how market will react; both good and bad data could be good news for equities.

TA Analysis:
Monthly TA:

From Monthly perspective, we got a green candle, inside the previous candle, but we can consider it a bullish candle.
We should expect a continuation up.
Weekly TA:

Attached Image (click to enlarge)

The weekly close is bullish. A continuation up should be expected.
Daily TA:

Attached Image (click to enlarge)

The daily close is bearish with a strong rejection (wick). But this candle is inside the Red candle (highlighted in yellow).
So price tested both the low and the high of that red candle. With this latest rejection, price has grabbed liquidity to go down and break the yellow box.
H4 TA:

Attached Image (click to enlarge)

Based on the above, we have mixed TA projections:
1- Both Monthly and Weekly seek a continuation up;
2- Daily seeks a continuation down.
The chart shows two scenarios. I'm inclined for a move up first considering the FA analysis risks are for later, in the near future, and those risks will be durable. So I think large hands will push the price up fro a new ATH, trap retailers and grab new liquidities before crashing down.

That's all.. Hope it's useful and wish you green with plenty pips week!

Good day!
During Asian session, NQ went straightforward down. Europe session consolidated. It seems scenario 2 is in play.
The 5min opening range is bullish. We need a breakout and retest to go either direction.
Keep an open eye on the news and tweets. So far, the kneejerk reaction is selling NQ. So if you're buying, keep your STP tight and if you're selling have large TPs.
GL!

Here is my planned sell order if price comes back to retest the breakout.

The retest was very bullish and went up breaking up the high of the opening range. So this trade is cancelled and looking now for the retest of the upper opening range.

I guess the tariffs might be also postponed for Canada alike Mexico.