02-April-2025. Nasdaq Futures

NQ continues to have a bearish bias based on the time cycle that started on 29-March-2025. It has been a few days into the time cycle now and this cycle weakens sometime around 17-Apr-2025. We should start seeing few major bearish moves during starting today.

At the time of writing this, NQ has dropped in the overnight markets. And I do not expect it to fill the gap today. We have already come back down from the resistance zone around 19500. We might see NQ move towards 19000, pause around that for a while and then breach the levels below towards the 18000-18100 range. Again, this is based on both price action and time cycle pressure. These levels may not happen today, but we should see good amount of downward pressure in the market.

Today's opening trade bias at 9.30am.

Around 5-6 minutes to pre-open we should start seeing bearish bias in NQ.

At 9.30, the bearish bias looks quite strong. And while there is weakness in bearish bias after that, time cycles do not indicate bullish moves. Typically, a strong bearish bias at the opening is an indicator of a fast down move with weak bullish pullbacks. However, be careful around 9.31 am if NQ has significantly dropped at that point from yesterday's close.

Remember, bearish trends can have strong bullish pullbacks

⚠️ Disclaimer: This content is purely educational, analytical, and represents my personal market analysis and trading plan. It should NOT be interpreted as trading advice, actionable signals, or recommendations. Trading involves substantial risk of financial loss. Always perform your own analysis and consult with a qualified financial advisor before making trading decisions.

High probability events and timings

These are high probability event timings. Expect sudden movements during these timeframes.

The Bullish or Bearish indication should considered in confluence with price action and appropriate trade locations. A Bullish signal in a short term price downtrend may not yield better results.

Always use a stop loss and manage risk.
Use these signals in confluence with price action.
Always enter at an appropriate trade location. Do not chase price

(All times below are in US/Eastern or New York time)

10:14 to 10:18 ↓ Bearish
10:18 to 10:22 ↑ Bullish
10:36 to 10:40 ↑ Bullish
10:54 to 10:58 ↑ Bullish
10:58 to 11:02 ↓ Bearish
11:18 to 11:22 ↓ Bearish
11:43 to 11:49 ↓ Bearish
11:49 to 11:55 ↑ Bullish
11:55 to 12:02 ↓ Bearish
12:02 to 12:07 ↑ Bullish
12:07 to 12:13 ↓ Bearish
12:31 to 12:37 ↑ Bullish
12:37 to 12:43 ↓ Bearish
12:45 to 12:49 ↓ Bearish
13:06 to 13:11 ↑ Bullish
13:11 to 13:15 ↓ Bearish
13:24 to 13:28 ↓ Bearish
13:52 to 13:57 ↑ Bullish
14:35 to 14:39 ↑ Bullish
14:39 to 14:45 ↓ Bearish
14:45 to 14:50 ↑ Bullish
15:11 to 15:16 ↑ Bullish
15:23 to 15:28 ↑ Bullish

Updates

Well, the opening bias clearly did not work out as expected. The steep opening rally was a surprise. The time cycle analysis had predicted some weird behavior at 9.31, and I was expecting that more like a small spike upwards - not a full on rally . We hit the stop losses pretty fast in the morning.

Interestingly, it seems to reject from an important 400 period moving average on this 30 minute chart, and heading back into the 19500 zone. (It is also a 200 period moving average on an hourly chart)

Based on the time cycles, this looks like a pull back and not a bullish signal. The price action is yet to confirm that sentiment.

We had this bearish signal above "13:11 to 13:15", which coincides with the top of the trend around that moving average. That highlights the importance of using the confluence of Price and Time both. Of course, my risk management would not allow me to use a normal position size at that point. It was a strong upside momentum and the short was counter-trend, but it was tempting enough to trade with just 1 micro with a tight stoploss. I would have been more comfortable shorting around 19969.

Quite a few trades worked out well when they are used in confluence with price action. For example, another bearish trade "11:43 to 11:49" was at an important resistance level when a pull back happened. And soon after that it met with a support and we had a bullish signal.