Nasdaq Market Context & Bias (24,720 now; bearish below 24,760)
Default stance: bearish while price is below 24,760.
Better entries come on a retracement into 24,745–24,755 or a rejection at 24,760, instead of selling the middle.
Bearish Trade Plan for Nasdaq Traders Today (while < 24,760)
Entry ideas: Fade 24,745–24,755 or fail at 24,760.
Stops (tradeCompass): Just beyond activation side (small buffer), never beyond the opposite threshold.
Partials for SHORTS (after bearish entry):
TP1 (short): 24,731 — prior liquidity pocket
TP2 (short): 24,704
TP3 (short): 24,671
TP4 (short): 24,606 — late-Sep balance anchors
Management: After TP2, move stop to entry and manage a runner.
Bullish Breakout Plan Above 24,815 (thinner R:R)
Trigger: Sustained trade above 24,815 flips bias bullish.
Partials for LONGS (after 24,815 breakout):
TP1 (long): 24,837 — near prior VAH
TP2 (long): 24,862 — near 28 Sep VWAP
TP3 (long): 24,890 — near 29 Sep VAH
Note: Targets sit close to the trigger—trim quicker or scale lighter.
Bullish Deep-Dip Reversal Plan: 24,400 → 24,410 Reclaim
Trigger: Wash to ~24,400, then reclaim 24,410 to activate bullish bias.
Partials for LONGS (after 24,410 reclaim):
TP1 (long-reversal): 24,440
TP2 (long-reversal): 24,515
TP3 (long-reversal): 24,557
TP4 (long-reversal): 24,592
Stretch idea: Optional runner toward 25,000 if momentum builds.
Key Levels (split by scenario for clarity)
Short-Side Key Levels (bearish scenario active)
| Level | Use |
|---|---|
| 24,760 | Bearish/neutral divider — below here, short bias |
| 24,745–24,755 | Preferred retrace short zone |
| 24,731 / 24,704 / 24,671 / 24,606 | TP1–TP4 (shorts) in that order |
Long-Side Key Levels — Breakout Path (above 24,815)
| Level | Use |
|---|---|
| 24,815 | Bullish breakout trigger |
| 24,837 / 24,862 / 24,890 | TP1–TP3 (longs) after breakout |
Long-Side Key Levels — Deep-Dip Reversal Path (24,400 → 24,410)
| Level | Use |
|---|---|
| 24,400 → 24,410 | Reversal trigger (reclaim) |
| 24,440 / 24,515 / 24,557 / 24,592 | TP1–TP4 (longs) after reclaim |
This is not financial advice. Always trade and invest at your own risk only. Visit investingLive.com for additional views.
