NQ Daily Trade Plan โ 2026-08-14
๐ง Current Context NQ remains in bullish continuation structure after the prior compression beneath 30074 resolved higher. Yesterday's plan had NQ digesting inside a tightening range, with bulls needing to reclaim 29733 and ultimately clear 29984 / 30074 to reopen upside continuation. That breakout has now developed, shifting the short-term structure from neutral compression into upside expansion. The old range levels remain important and should not be discarded. The breakout above 30074 is now the key structural shift. As long as NQ holds above the prior breakout zone, pullbacks should be treated as backtests and potential long opportunities rather than immediate reversal setups. Price is now working into the next upper resistance area, with 30277 becoming the first major upside decision level from yesterday's plan. Bulls remain in control above 30074. The market can pull back without damaging the structure, especially if dips into 29984 or 29926 are recovered quickly. The broader bullish structure only begins to weaken if price loses 29733 / 29650 and fails to reclaim. ๐ Short-Term Structure The immediate structure revolves around whether NQ can hold above the prior breakout zone at 30074. Above this level, the path remains open toward 30277, then the newer upper extension levels around 30300 / 30350 / 30430. If price pulls back, the first important support is 30074, followed by 29984 and 29926. Below that, 29733 remains the key reclaim level from yesterday's plan. This is no longer a clean short setup while price remains above 30074. Bears need a failed breakout back below 30074, then failure to reclaim, before downside toward 29984 / 29926 becomes active. ๐ข Bullish Strategy Bulls remain in control above 30074. The primary bullish strategy is to defend the prior breakout as new support. A backtest of 30074 can provide a long entry if buyers step in and price holds or reclaims quickly. If price flushes below 30074 but quickly reclaims it, that becomes the highest-quality failed breakdown setup. Below that, 29984 and 29926 remain the next major support zones from yesterday's plan. A flush and recovery of either level can still offer a clean long, especially if the move is fast and traps sellers. Deeper pullbacks into 29733 / 29650 are still valid, but if price gets that low, it means the breakout is weakening and longs need stronger confirmation. The best long setups remain failed breakdowns and reclaim entries, not chasing extended candles into resistance. Upside targets after successful support defense are 30277, 30300, 30350, and 30430. โ Bearish Strategy The bearish case does not activate cleanly while NQ remains above 30074. A rejection near 30277 or higher can produce a scalp short, but structurally that is counter-trend unless price loses the breakout level. A stronger bearish setup requires a break back below 30074 with no immediate reclaim. That would open downside into 29984, then 29926. If 29926 fails, the next important downside levels remain 29733 and 29650. The more meaningful bear case begins only if NQ loses 29650 and fails to recover. Until then, short setups carry trap risk because the broader structure remains bullish after the breakout. โ Summary NQ has shifted from compression into bullish continuation after clearing 30074. The preferred scenario is to defend 30074 or recover quickly after a trap below it, then continue toward 30277 and the next upper extensions. Do not replace yesterday's levels unnecessarily: 29984, 29926, 29733, 29650, and 29550 remain important. The bearish case requires a failed breakout back below 30074, with real weakness only below 29650. NQ Levels ๐ Support Levels: 30074, 29984, 29926, 29733, 29650, 29550, 29426, 29233, 29192, 29067, 28964, 28831 ๐ Resistance Levels: 30277, 30300, 30350, 30430, 30520, 30600 ๐ Plan Going Forward Above โ: 30074 โ 30277 โ 30300 โ 30350 โ 30430 โ 30520 Below โ: 30074 โ 29984 โ 29926 โ 29733 โ 29650 โ 29550 โ 29426 โ Key Confirmations: Strength confirmed above 30300 Weakness confirmed below 29650 โ Pivot Bull: 30074โ30090 โ Pivot Bear: 29900โ29926 ๐ Trade Ideas: ๐ท Long if reclaim and accept risky above: 30277 ๐ท Long fail & reclaim: 30074 ๐ท Long fail & reclaim: 29984 ๐ท Long fail & reclaim: 29926 ๐ท Long Direct or FBD: 29733 ๐ท Long fail & reclaim: 29650 ๐ท Long fail & reclaim: 29550 ๐ถ Counter Trend Short: 30277 ๐ถ Counter Trend Short: 30350 ๐ถ Counter Trend Short: 30430 ๐ด Short beneath after failed bounce: 30074 ๐ด Short beneath after failed recovery: 29912 ๐ด Short beneath after failed recovery: 29550
Trade Ideas for TradingView: Click Copy Formatted Levels below, then open the Trading Levels PTZ v2 indicator on TradingView โ Settings โ paste into the levels field. Long entries appear in aqua, short entries in orange.
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