NASDAQ (NQ) Daily Trade Plan: Balancing at Highs Inside 2-Day Range
With NQ holding its main leg, here’s how to trade the 24,911 breakout, the 24,588 daily pivot, and the prime 24,507 long zone.
SCHEDULED NEWS
Good morning, everyone. Today is Wednesday, September 24th.
Yesterday’s plan worked perfectly: NQ held the 24,780.00 low and bounced all the way back to our 24,861 4H target before the close. Overnight, buyers extended further into our 24,911.25 target, cleaning up the prior TPO inefficiencies.
Today’s calendar is quiet — just New Home Sales at 10:00 a.m. ET, which could bring a small pop but isn’t expected to move the market much. With no red-tag catalyst, our focus remains on balance extremes and key structural levels.