Nasdaq Technical Analysis for Today with tradeCompass | investingLive

Current price (NQ): 23,437 (≈-0.25% vs. yesterday’s close)

Recent context: All-time high on Aug 13 at 24,068.50, a 5-day pullback of -4.32% to 23,035 (near the 23k round number), a 2-day bounce to 23,650 (pivot), and now trading just beneath an important July pivot zone around 23,425–23,450.

Summary for Nasdaq 100 Futures Traders Today

Decision Range: 23,445 – 23,480 (key cluster of levels)

Bearish below: 23,463 (yesterday’s VAL single-price option)

Bullish above: 23,513 (today’s POC)

Primary bias: Bearish while price holds below the Decision Range

Sizing tip: If a 35-point band feels wide, trade the micro contract (MNQ). One MNQ “point” is 1/10th the dollar value of the E-mini, letting you express the same idea with tighter sizing.

Analysis of Nasdaq Futures Today: Market Context & Directional Bias

Price sits below the 23,445–23,480 Decision Range, keeping the session tilted bearish unless buyers reclaim the band. For traders who prefer a single trigger, the bearish threshold is 23,463 (below yesterday’s Value Area Low), while bulls need to sustain above 23,513 (today’s Point of Control) to argue for upside continuation toward the upper pivots cited below.

Partial Profit Targets for Nasdaq Bears Today (once price is below our bearish threshold)

23,417 — aligns with the 2nd lower VWAP deviation; frequent intraday magnet when momentum builds.

23,400 — round-number liquidity pocket where stops often cluster.

23,374 — nearby acceptance zone that can stall first legs.

Swing-extension waypoints for bears (if momentum persists):

23,312 — just above Aug 22 VAH; prior acceptance often retests.

23,276 — in line with Aug 24 VWAP; fair-value pullback idea.

23,226 — set above Aug 22 POC to capture reaction risk.

23,123 — above Aug 22 VAL; deeper test of that value area.

Stop logic for shorts: Your maximum protective stop should not sit beyond the top of the Decision Range (23,482), because acceptance above that band weakens the short premise. Conservative traders may even key off a 15-min close above 23,513 (today’s POC) as full invalidation.

Partial Profit Targets for Nasdaq Bulls Today (once price sustains above our bullish threshold)

23,531 — today’s VWAP; first fair-value magnet overhead.

23,543 — yesterday’s VAH; typical reaction level after reclaiming POC/VWAP.

23,575 — set just below Aug 20 VAH to front-run supply.

23,665 — just below Aug 12 VAL; higher-timeframe inflection.

23,695 — final swing target in this compass; beyond here awaits a new tradeCompass.

Stop logic for longs: A break back below 23,445 (bottom of the Decision Range) returns price to bearish territory—longs should not persist beneath the opposite bias.

How to Use This Compass

• If price probes the Decision Range but fails to hold above it, shorts remain favored.

• If price accepts above 23,513 (POC), the bull plan activates; use the targets listed and manage risk as below.

• One trade per direction per tradeCompass. If you took the short plan and later got stopped at breakeven after partials, you do not re-short in this same compass. The same applies to the long plan.

Trade Management Essentials (read this!)

• Take partials at logical magnets (VWAP, VAH/VAL, round numbers) to bank progress and lower stress.

• After the second target is achieved, move your stop to entry—standard tradeCompass protocol.

• Stops are tied to bias: never beyond the opposite side’s invalidation (e.g., above the Decision Range for shorts).

• Confirmations are flexible: some wait for a 5–15 minute close through thresholds; others use order-flow cues. Choose what fits your playbook.

Quick Education: Why Partial Profits Matter (today’s lesson)

Markets often react at institutional price landmarks—VWAP, POC, VAH/VAL, and round-number liquidity pools. Scaling out at those junctions converts open risk into realized gain and gives you optionality for the runner. It’s not about perfection; it’s about systematically harvesting edges where big players transact.

tradeCompass is a decision-support framework. It does not tell you what to do; it maps the terrain so you can act with intent. Trade at your own risk. Futures are volatile, and losses can exceed deposits.

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