NQ Daily Plans

NQ Daily Trade Plan – 2026-08-11

 🧠 Current Context    
NQ is holding in the upper range of its recent recovery, consolidating between 29250 and 29900 for multiple sessions without committing to either direction. This is controlled absorption — the market is building a base before the next leg. The structural   
floor for bulls remains 29477–29500. As long as NQ holds above it, the path toward 30263 and beyond stays open.                     
                                                                                                                                      
📊 Short-Term Structure                                   t                                                                          
NQ is ranging inside a compression zone just below the prior highs. No directional bias until price breaks clearly above 29800 or   
below 29477. The Bull Pivot at 29700–29733 is the key level for continuation. The Bear Pivot at 29500–29526 is the line that shifts 
momentum lower if broken cleanly.

🟢 Bullish Strategy
Bulls hold structure above 29526. Primary long setup: reclaim of 29739. Targets 30069 then 30263 and 30553. Failed breakdowns at 29432, 29191 and 29067 remain actionable on deeper pullbacks.

❌ Bearish Strategy
No structural bear case above 29426. Break below 29500 with failed recovery targets 29426 then 29220.

✅ Summary
NQ is in controlled digestion following the August 4 parabolic move. Bull structure intact above 29533. Bull Pivot at 29700–29733 is the key reclaim level. Bear Pivot at 29500–29533 is the line to watch on the downside.

📌 Support Levels: 29739, 29661, 29544, 29432, 29191, 29067, 28964, 28831, 28725, 28414, 28079
📌 Resistance Levels: 29850, 29933, 29972, 30069, 30126, 30177, 30263, 30553, 30701, 31097

📌 Plan Going Forward
Above ↑: 29739 → 29850 → 29984 → 30069 → 30126 → 30177 → 30263 → 30553 → 30701 → 31097+
Below ↓: 29544 → 29432 → 29191 → 29067 → 28964

✅ Key Confirmations:
Strength confirmed above 30069
Weakness confirmed below 29477

✅ Pivot Bull: 29700–29733
✅ Pivot Bear: 29500–29526

📌 Trade Ideas:
🔷Counter Trend Long: 29432
🔷Counter Trend Long: 29200
🔷Failed Breakdown: 29039
🔷Long direct or FBD: 28964
🔷Long If fail and Recover: 28831
🔷Long If fail and Recover: 28725
🔶Counter Trend short: 29956
🔶Counter Trend short: 29973
🔶Counter Trend short: 30077
🔶Counter Trend short: 30200
🔶Counter Trend short: 30500
🔶Breakdown Below: 29426

Trade Ideas for TradingView: Click Copy Formatted Levels below, then open the Trading Levels PTZ v2 indicator on TradingView → Settings → paste into the levels field. Long entries appear in aqua, short entries in orange.

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