NQ Daily Plans

NQ Daily Trade Plan – 2026-07-22

🧠Current Context
NQ remains locked inside the same monthly range that has defined price action throughout summer. The range spans from 28701 support to 29743 resistance. Within this structure, 29415 represents a critical internal support level that was lost during the, triggering a sharp selloff. After that breakdown, price defended the lower boundary at 28701 with a quick trap below, then recovered and worked back up through the range as expected. Price is now pushing into the middle of the range, which creates a challenging environment for high-probability setups.
The current positioning in mid-range reduces the quality of actionable opportunities. The strongest setups typically occur at range edges where trapping behavior is most common. After a significant push from the lows, the focus shifts to managing existing exposure and waiting for price to either return to range support or establish a new significant low within the range that can produce a failed-breakdown setup. Without a clear structural low in the immediate vicinity, the middle of the range offers limited edge.
The key structural levels remain 28701 as the range low and 29743 as the range high. Bulls need to defend 28701 to maintain the range structure. If that level fails, a breakdown scenario opens with downside acceleration likely. On the upside, reclaiming and holding above 29415 would restore bullish momentum and open the path toward the upper boundary at 29743 and beyond.

📊Short-Term Structure
Price is currently positioned in the middle of the established range between 28701 and 29743. The immediate support structure includes 29256 as the first level down, followed by 29067. Below that, 28701 represents the major range support with multiple prior lows clustered at that level. On the upside, 29415 stands as the critical resistance that needs to be reclaimed for bulls to regain control. Above that, 29420 and 29743 mark the next resistance targets. The current mid-range positioning favors patience over aggressive engagement, as the highest-probability setups develop at the range boundaries rather than in the middle.

🟢Bullish Strategy
The bullish path requires continued defense of the range structure with support holding at or above 28701. Bulls can tolerate shallow pullbacks to 29256 or quick traps below 29067, provided those levels produce swift recoveries. A failed breakdown at 29067 would offer an actionable long opportunity, particularly if price tags 28800 on the flush before recovering. The 28701 level represents the critical line in the sand. A failed breakdown at this major support shelf would be highly actionable, but bulls must reclaim and hold that level decisively. Any longs taken below 28701 carry elevated risk of limited follow-through, so quick profit-taking is essential.
If support holds, the upside path targets 29415 first. Reclaiming and accepting above 29415 would confirm bullish momentum and open the door to 29420, then 29743. A breakout above 29743 would end the monthly range and target 29667, 29733, and 29889. Below 29067, the next high-quality long setup does not appear until 28766, where a major low was established in late June that launched a multi-week rally. A failed breakdown at 28766 would be actionable. Further downside would require waiting for 28568, where another failed-breakdown opportunity could develop.

❌Bearish Strategy
Bears remain in control below 28701. A breakdown below this major support level would trigger a bearish scenario with downside acceleration likely. This type of breakdown trade carries inherent risk, as the majority of breakdowns trap and reverse. Traders engaging breakdown setups should expect low win rates but high reward-to-risk ratios when the breakdown does follow through. The ideal short setup below 28701 would involve a final bounce into resistance, then a short trigger beneath the lows of that bounce, likely near 28988.
If 28701 fails and price cannot reclaim it quickly, the next downside targets are 28961, 28887, and 28821. A sustained breakdown would open the path to 28766, where major support from late June resides. On the upside, bears can attempt resistance shorts at 29415 as a backtest of the prior breakdown level. A rejection there would confirm continued weakness. Above 29415, the next resistance short opportunity appears at 29743, the upper boundary of the monthly range. Any bearish setups require disciplined risk management, as the structural bias favors trapping breakdowns rather than sustained directional moves.

✅Summary
NQ remains rangebound between 28701 support and 29743 resistance. The critical internal level at 29415 was lost during the, triggering a selloff, but price defended the lower boundary at 28701 and recovered. The directional lean favors a continued fill toward 29415, with potential continuation to 29420 and 29743 if bulls reclaim 29415. The bullish case remains intact above 28701, while a breakdown below 28701 would trigger a bearish scenario with downside acceleration likely. The highest-probability setups develop at the range edges rather than in the current mid-range positioning.
NQ Levels

📌Support Levels: 29256, 29067, 28961, 28887, 28821, 28800, 28728, 28701, 28631, 28475, 28390
📌Resistance Levels: 29362, 29368, 29415, 29420, 29493, 29667, 29733, 29796, 29931, 30071, 30203, 30335, 30401, 30479, 30518

📌Plan Going Forward
Above ↑: 29362 → 29368 → 29415 → 29420 → 29493 → 29667 → 29733 → 29796 → 29889
Below ↓: 29256 → 29067 → 28961 → 28887 → 28821 → 28800 → 28728 → 28701

✅Key Confirmations:
Strength confirmed above 29381
Weakness confirmed below 28701

✅Pivot Bull: 29365-29353
✅Pivot Bear: 28756-28802

📌Trade ideas:
🔷Counter Trend Long risky: 29256
🔷Long If fail and Recover:29067
🔷Long If fail and Recover: 28800
🔷Long If fail and Recover:28701
🔷Long First Touch : 28766
🔷Long If fail and Recover:28568
🔶Counter Trend short: 29415
🔶Counter Trend short: 29743
🔶Short Beneath Bounce: 28988

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 green, short entries in red.

How to use the levels: Click Copy Levels below, then open the Trading Levels PTZ v2 indicator on TradingView → Settings → paste into the levels field. All zones will appear automatically on your NQ chart.

PTZ LEVEL MAP
📊 BULL CASE | Range fill to upside | Path: 29256 hold or quick trap 29067 → 29415 → 29420 → 29667 → 29733 → 29743 → 29889
📉 BEAR CASE | Breakdown below range support | Trigger: 28988 | Next: 28961 → 28887 → 28821 → 28770 → 28728
🟡 28701-29743 - Line in the sand range | Bulls defend 28701 | Bears control below 28701
🔴 29743 - Short try zone | Breakout target before extended resistance
🔴 29415 - Short try zone | Bulls need reclaim
🔵 29256 - First support | Reclaim trigger | Wait for probe below and recover | Weak Support 
🔵 28766 - Long Entry | Good support |
🟢 29067 - Direct long | Flush/recover setup | Bonus if tags 28800
🟢 28701 - Key range support | Flush/recover setup | Support failure risk high | Quick profit takes advised below here
🟢 28770 - Direct long option | Massive low | Failed breakdown long | Next quality long after 28701 fails
🟢 28572 - Failed breakdown long | Long try if 28770 fails
🔴 29420 - Counter trend short zone| Risky Trade area | watch for breakout above
🔴 29743-  Counter trend short zone| Risky Trade area | watch for breakout above
🔴 29667 - Extended resistance | Breakout level above 29743
🔴 29733 - Short try zone | Upper path level after 29667
🔴 29889 - Extended resistance | Upper path target
🟢 28800 - Extended support | Bonus flush level with 29067
🟢 28961 - Extended support | Bear path level below 28701
🟢 28887 - Extended support | Bear path level
🟢 28821 - Extended support | Bear path level
🟢 28728 - Extended support | Bear path level below 28770

NQ,green,solid,-2,Failed breakdown long | Watch 28701 above,28572;
NQ,green,solid,-2,Key range support | Watch 28728 above,28701;
NQ,green,solid,-2,Extended support | Watch 28766 above,28728;
NQ,aqua,solid,-2,Long Entry | Watch 28770 above,28766;
NQ,green,solid,-2,Direct long option | Watch 28800 above,28770;
NQ,green,solid,-2,Extended support | Watch 28821 above,28800;
NQ,green,solid,-2,Extended support | Watch 28887 above,28821;
NQ,green,solid,-2,Extended support | Watch 28961 above,28887;
NQ,green,solid,-2,Extended support | Watch 29067 above,28961;
NQ,green,solid,-2,Direct long | Watch 29256 above,29067;
NQ,aqua,solid,-2,First support | Watch 29415 above,29256;
NQ,red,solid,-2,Short try zone | Watch 29420 above,29415;
NQ,red,solid,-2,Counter trend short zone| Risky Trade area | Watch 29667 above,29420;
NQ,red,solid,-2,Extended resistance | Watch 29733 above,29667;
NQ,red,solid,-2,Short try zone | Watch 29743 above,29733;
NQ,red,solid,-2,Short try zone | Watch 29889 above,29743;
NQ,red,solid,-2,Extended resistance | Watch 29989 above,29889;

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