03-April-2025. Nasdaq Futures
Continue to have a bearish bias on NQ. This is based on the time cycle that started on 29-March-2025 which indicates a weakening around 17-Apr-2025.
Yesterday, on 2-April-2025, I expected a bearish move right from the opening even though we had a dip in the overnight markets. However, we saw a strong pullback bullish rally right after the first minute of the opening. And it crashed huge after the close.
At the time of writing this, NQ has dropped in the overnight markets. NQ has breached the 19000 level and has been hovering around that in the overnight markets. The next lower levels are in the 18000-18100 range. I do not expect NQ to do a gap fill, but after a move like yesterday I would be cautious about the short covering at the opening and would wait to be bearish again after the open. This is based on both price action and time cycle pressure.
Today's opening trade bias at 9.30am.
Around 7 minutes to pre-open we should start seeing bearish move in NQ. That move could last up to 9.30-9.33 am. Thereafter I am seeing a mild bullish signal upto 9.40 to 9.50 am (US/Eastern timezone).
While the short near the opening is tempting, its quite risky because of the overnight move.
I mentioned this yesterday, and will mention it again:
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)
09:23 to 09:27 ↓ Bearish
09:55 to 09:59 ↑ Bullish
10:23 to 10:28 ↓ Bearish
10:29 to 10:34 ↓ Bearish
10:40 to 10:44 ↑ Bullish
10:49 to 10:54 ↑ Bullish
11:42 to 11:47 ↓ Bearish
11:47 to 11:51 ↑ Bullish
11:51 to 11:58 ↓ Bearish
11:58 to 12:02 ↑ Bullish
12:04 to 12:08 ↓ Bearish
12:33 to 12:39 ↓ Bearish
13:37 to 13:45 ↓ Bearish
15:11 to 15:17 ↓ Bearish
15:19 to 15:24 ↑ Bullish
15:40 to 15:44 ↓ Bearish
16:13 to 16:17 ↓ Bearish
