NQ Daily Plans

NQ Daily Trade Plan โ€“ 2026-09-14

๐Ÿ“ฐ Weekend News โ€” Why the Gap Down (~390 pts)

๐Ÿค– #1 โ€” AI Slowdown Warning (Primary Driver)

Saturday, Anthropic CEO Dario Amodei published a public call for AI companies to slow the pace of capability development, citing safety concerns. Within hours, Elon Musk (xAI) and Sam Altman (OpenAI) both expressed public agreement. The market read this as a coordinated signal from the top of the AI industry. Nvidia fell 2%+ in premarket, with Meta, Amazon and Microsoft each down 1โ€“2%. Given NQ’s heavy AI/tech weighting, futures took the brunt of the selling.

๐Ÿ›ข๏ธ #2 โ€” Oil Surging on Middle East Tensions

Brent crude pushed above $108/barrel (+3.6%), WTI above $103 (+3.3%), driven by renewed escalation in the Middle East. Higher energy prices reignite inflation expectations and pressure growth/tech valuations โ€” a direct headwind for NQ.

๐Ÿฆ #3 โ€” FOMC Meeting Wednesday

The FOMC meets this week with a rate decision on Wednesday. Traders are currently pricing an ~89% probability of a rate hike. Hot oil + AI uncertainty + hawkish Fed backdrop amplified Sunday night selling pressure significantly.

๐Ÿง  Current Context
NQ gapped open Sunday evening at 28,997.75 โ€” immediately below the critical 29,000 psychological level and far below Friday's close near 29,391. The overnight session established a high of 29,111 and a low of 28,816.25, with price trading well below Friday's key references. Every level bulls reclaimed on Friday (29,088 โ†’ 29,177 โ†’ 29,226 โ†’ 29,334 โ†’ 29,386) now acts as overhead resistance. The overnight bounce to 29,111 stalled below 29,204, Friday's data/news low, confirming sellers remain in structural control until reclaim levels are taken back.

๐Ÿ“Š Short-Term Structure
NQ is bearish below 29,000. The gap down erased Friday's entire recovery and shifted price into a lower structure. Bulls need to reclaim 29,000 and hold it to have any chance at a gap-fill attempt toward 29,088 โ†’ 29,111 โ†’ 29,204. Bears remain in control below 29,000, with downside targets at 28,884 โ†’ 28,816 โ†’ 28,798 โ†’ 28,648. A clean break of 28,816โ€“28,798 confirms continuation lower.

๐ŸŸข Bullish Strategy
Defend 28,816โ€“28,798 and produce a failed breakdown followed by a quick reclaim. First reclaim is 28,884, then 29,000. A reclaim and hold above 29,000 opens 29,088โ€“29,111. A sustained hold above 29,111 opens the gap-fill scenario toward 29,204 โ†’ 29,252โ€“29,263. A reclaim of 29,252โ€“29,263 puts price back inside Friday's defended long zone. After that, bulls need 29,334 to recover Friday's previous day low and 29,400 to begin reestablishing the larger bullish trend.

โŒ Bearish Strategy
Bears are in control below 29,000. Failed bounce into 28,977โ€“29,000 is the first Short Below after failed bounce setup, targeting 28,884 and then 28,816โ€“28,798. Failed reclaim into 29,088โ€“29,111 is the primary short setup because it combines broken support with the overnight high zone. If price reaches 29,252โ€“29,263 and stalls, that becomes a higher Counter Trend Short zone. Higher up, 29,400 is a major trend-repair line; a failure there keeps the gap only partially repaired.

โœ… Summary
NQ gapped roughly 390 points lower on weekend AI warnings, oil above $108, and FOMC risk into Wednesday. Friday's levels worked: 29,252โ€“29,263 gave the long fail/reclaim reaction, and 29,477โ€“29,488 gave the clean Counter Trend Short rejection. Today, all of Friday's recovery levels are now resistance.

Bears control below 29,000. Watch 28,816โ€“28,798 as the critical lower support zone. For bulls, the reclaim ladder is 29,000 โ†’ 29,088โ€“29,111 โ†’ 29,204 โ†’ 29,252โ€“29,263 โ†’ 29,334 โ†’ 29,400. For bears, failed reclaim at 28,977โ€“29,000 or 29,088โ€“29,111 keeps downside pressure active.

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NQ Levels

๐Ÿ“Œ Support Levels: 28,884, 28,816, 28,798, 28,700, 28,648, 28,626, 28,550
๐Ÿ“Œ Resistance Levels: 29,000, 29,088, 29,111, 29,204, 29,252, 29,263, 29,334, 29,380, 29,400, 29,477, 29,488, 29,533

๐Ÿ“Œ Plan Going Forward
Above โ†‘: 29,000 โ†’ 29,088 โ†’ 29,111 โ†’ 29,204 โ†’ 29,252 โ†’ 29,263 โ†’ 29,334 โ†’ 29,380 โ†’ 29,400 โ†’ 29,477 โ†’ 29,488 โ†’ 29,533
Below โ†“: 28,884 โ†’ 28,816 โ†’ 28,798 โ†’ 28,700 โ†’ 28,648 โ†’ 28,626 โ†’ 28,550

โœ… Key Confirmations:
Strength confirmed above 29,400
Weakness confirmed below 28,798

โœ… Pivot Bull: 29,252โ€“29,263
โœ… Pivot Bear: 29,088โ€“29,111

๐Ÿ“Œ Trade Ideas:

๐Ÿ”ท Long Direct or FBD: 28,648
๐Ÿ”ท Long if fail and reclaim: 28,798
๐Ÿ”ท Long if fail and reclaim: 28,884
๐Ÿ”ท Long if reclaim and hold: 29,000
๐Ÿ”ท Long if reclaim and hold: 29,088โ€“29,111
๐Ÿ”ท Long if reclaim and hold: 29,252โ€“29,263
๐Ÿ”ท Long reclaim and hold : 29,334
๐Ÿ”ถ Counter Trend Short: 29,088โ€“29,111
๐Ÿ”ถ Counter Trend Short: 29,252โ€“29,263
๐Ÿ”ถ Counter Trend Short: 29,400
๐Ÿ”ถ Counter Trend Short: 29,477โ€“29,488
๐Ÿ”ด Short Below after failed bounce: 28,977โ€“29,000
๐Ÿ”ด Short Beneath Bounce: 28,884

NQ Trade Ideas for TradingView: Click Copy NQ 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.

ES Trade Ideas for TradingView: Click Copy ES Levels below, then open the Trading Levels PTZ v2 indicator on your ES chart → Settings → paste into the levels field.

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