Nasdaq-Simple Intraday Strategy

I jumped the gun with small long position.

Stopped!

I just sold this one targeting 19620.

Is it just me or are we all losing money the last few days. This month was supposed to be a rise but right now i‘d be happy with a comeback

Finally it worked very well.
I banked 120 points and moved STP to BE.

And stopped
Overall, it was another green week.

Bulls are fighting to close the week above 20413. Can they do it? will see!

Thats one giant wick. Bulls pressuring crazy

Upcoming weekly analysis!
FA Analysis:
1- Last week macro economic data came +/- inline which did not help to resolve the UNCERTAINTY.
2- Trump tariffs flip plop confirmed the uncertainty.
3- This week, we have Job Jolts, CPI. PPI and Consumer confidence; they're all key data to resolve the uncertainty. Inline data won't help; we need an overshoot or undershoot.
So until data news, price will continue in the consolidation and accumulation.
TA Analysis:
Weekly TF:

Attached Image (click to enlarge)

We got a clear bearish close with a somewhat large wick. With the uncertainty context until Tuesday and Wednesday, price might move up to retest 20649. as shown in the chart.
Daily TF:

Attached Image (click to enlarge)

From daily perspective, we got a bullish close after price was rejected at Weekly support.
Hence, I see price moving up toward 20529-20649.

Here is another daily chart that shows the uncertainty via Extensions (represented by E in the chart).

Price was unable to close below 20529 for 6 days creating extensions but no break. This tells you the battle between buyers and sellers to break or reject that level. All were fueled by inline data and tariffs flip plop.
As a conclusion, I think the break down is not a question of IF but WHEN.
Happy green week Everyone!

Good day!
The opening range is bearish!
So far, my plan for the day and week were against my analysis. Price dropped beyond Friday low and close the weekly low instead of moving up! Hence, I'll wait for additional clarification.

Something weird behind the scene is happening at the White House! All Trump's team stocks are crashing down bringing with them equities.

NQ reached my final target 19620. Can we see a strong rejection? Not sure the move down seems very strong.

Based on various information, it seems that Trump and his team are pushing for a recession. Trump's comments on this regard were hinting to that and market translated it into a Sell-off.
Why are they doing that, why this stupidity for which simple citizen will pay for? The answer is that pushing the FED to print money and cut rates. The free money will benefit big corporations and all the billionaires around him.
It's a very dangerous game they're playing...
For trading, there is nothing to do; we just watch... Tomorrow is another day
Since the US elections:
TSLA lost 57%
PLTR lost 61%

Very strong bearish day!
Price went way below 19620! From TA, we should see a continuation down, but this move was not a result of FA data but political desire. Hence, we might see some retrace up.

Price dropped heavilly yesterday, even below the 30 Lvl on the RSI, indicating strong overselling. Last time this happened was on january 2022. Could imagine some upward pressure from the bulls to even out the overselling, following up with a continuous drawdown in the next few days.

Good day!
Asian and European sessions provided a shy bounce of 38.2 Fib.
TSLA lost 57% since election high which made Trump tweet about it!!!
The gate to the downside is still open. Jolts data news in a few might do it if it's undershoot.

Data came green! I'm looking for buy opportunity.
If the current candle closes above the opening range, I'm in.

Edit:
I'll be in with the retest.
I got in.

Trump is tweeting non-stop!
Crazy...
He will be meeting many CEOs today. So most probably he will provide them with carrots (i.e., tax cuts and deregulations). If this happens, it will be very good for equities.
Keep an eye on the news!

I was stopped!
Will retry later if positive news comes out from the CEO meeting.

In progress...