In today’s analysis of Nasdaq futures (Tuesday, January 7, 2025), we explore key price levels and potential strategies for both longs and shorts. The market remains in a range with important liquidity zones, but upcoming news could lead to significant moves. ? Long Opportunities: Watch for setups around 21,780 or retracements to 21,560, targeting 21,900 and 22,100. ? Short Setups: Focus on entries near 21,800 or 21,900, aiming for moves toward 21,650 and 21,560. ? Market Insights: Stay alert for key economic news at 10:00 AM (NY time), which may drive the price out of the current range. Let us know in the comments if you’d like analysis on other assets or swing trading strategies. Don’t miss out—this video is packed with insights to help you navigate today’s market! ? Subscribe to the channel for daily analysis, expert strategies, and exclusive trading content. Join us and elevate your trading game!
MPLN: Bottom confirmed -Change of character (Choch). -Bactest to confirm bottom with low supply volume. -Demand zone support. -Key leve support. -Quasimodo pattern.
The Walt Disney Company (DIS) will merge its Hulu + Live TV operations with FuboTV Inc. (FUBO), taking a 70% controlling stake. The combined entity will serve 6.2 million customers with an expected annual revenue of $6 billion, making it the second-largest online pay-TV provider in North America. 3 entry points, ABC trade Trailing 1 runner
NYSE:QBTS appears to be forming an ascending channel with momentum. Note the William %R is climbing with higher lows. The play for this is to purchase as it's bouncing off the support line (lower green) Sell signal - The channel breaks down if the support line is pierced - meaning the stock closes below the green support line. Breakout signal - The channel shows a breakout when the resistance line (red) is pierced - stock closes above the red resistance line.
GBPAUD: -Quasimodo pattern. -ABCD pattern. -Bull flag pattern. -Key level and channel as ressistence. . Wait for breakout and go with the trend!
Given current price rally in pound and euro after a weaker dollar as the week started. I see price going higher during the NY session to record new highs of the week @ 1.26 as we await further fundamental data towards the end of the week
BLACKBULL:US30 made a bullish Breakout and is consolidating Above the broken falling resistance Line so we are locally bullish Biased and we will be Expecting a further move up !
Following Monday's indecisive action, Gold gains traction and rises to the $2,650 area. With the benchmark 10-year US Treasury bond yield holding above 4.6% ahead of key US data releases, however, XAU/USD struggles to gather bullish momentum. Xauusd sell 2652 Target 2610
It's probably going to 60k, maybe 40. Fisher divergence and the daily and weekly.
RS Rating of 95 Breaking out of key pivotal zone Wall of Buyers displaying institution appetite RTX 5000 Series debuted at a very friendly consumer price Looking forward shows no signs of decelerating growth prospects for the Wall Street darling I have reasons to believe this security price can increase in value