Nasdaq Futures Analysis for Today

Nasdaq Futures (NQ) Analysis – tradeCompass for March 10, 2025

Current Market Snapshot:

• Nasdaq Futures (NQ) Price: 20,005
• Key Thresholds:
  • Bearish Below: 19,935 (2nd Lower Std. Dev. VWAP, Below POC)
  • Bullish Above: 20,109 (Breaking Multiple Key Resistances)
  • Major Resistance Zone: 20,075 – 20,100
  • Bearish Partial Profit Targets: 19,750, 19,725

Bearish Outlook – Below 19,935 Strengthens Bear Case

Nasdaq started with a decline, trapping some traders who expected a bullish continuation after Friday’s close. The 20,000 round number has acted as a liquidity magnet, trapping both bullish and bearish scalpers.

Bearish Confirmation Below 19,935

If price sustains below 19,935, this would mark a stronger bearish confirmation, as it means:

• Breaking the 2nd lower standard deviation of VWAP (today).
• Dropping below the POC (19,949). This would be even a slightly earlier entry, if you are seeking a short.
• Crossing below the 1st lower standard deviation of VWAP (Friday).

If bears take control, potential downside targets:

1. 19,750 – Below Friday’s low, potential stop-hunt area.
2. 19,725 – Key level from September 12th, strong historical support.

A move below these levels would indicate a deeper bearish leg, possibly targeting lower structural supports.

Bullish Outlook – Above 20,109 for Confirmation

Currently, price is very close to 20,000, which is a key psychological and liquidity level. However, the key line in the sand for bulls is 20,109, because it marks:

• Crossing above today’s VAH (20,088.5).
• Breaking Thursday’s POC (20,100).
• Moving above Friday’s VWAP (20,075).

This 20,075 – 20,100 range is where bears may attempt to re-enter short positions. If price breaks and sustains above 20,109, bulls gain control.

Bullish Profit Targets Above 20,109:

• 20,134 – Above March 4 VAL.
• 20,177 – 20,180 – Close to Friday’s POC.
• 20,254 – 20,267 – Strong resistance zone (Friday VAH & Thursday VWAP).

Beyond that, if bulls push further:

• 20,310 – March 5 VAL.
• 20,369 – March 6 VAH (Also VWAP from 4 days ago).
• 20,580 & 20,733 – Higher resistance clusters.

While the initial upside targets are not far, breaking 20,267+ could shift momentum to a broader bullish continuation.

tradeCompass as a Decision Support Tool

tradeCompass does not predict price direction, but rather provides key levels for traders to monitor and react.

• Key levels should be treated as “zones,” not exact reversal points. Price might reverse before, at, or slightly beyond a level.
• Traders can use tradeCompass to refine their strategy, whether using different timeframes, order flow analysis, or other indicators.
• Helps traders make better decisions on partial profit-taking and risk management.

Example #1 – A Bullish Trade Plan

• Suppose a trader is long above VWAP (20,048) and feels confident as long as price holds above 20,025 (Friday’s VAL).
• They may ride the trend higher but consider taking partial profits at 20,059 – 20,100 before major resistance kicks in.

Example #2 – A Bearish Trade Plan

• A trader shorts at 20,075 – 20,100, expecting resistance to hold.
• They watch for confirmation once price drops below 19,935 and target 19,750 or lower.

Analogy – tradeCompass as a Market ‘Train Station’ Map

Imagine Nasdaq is like a train moving between major stations. Each key level is a station where traders “get on or off.”

• If more traders “exit” (selling) at a level, price may reverse down.
• If more traders “board” (buying) at a level, price may continue up.
• Congestion zones (high volume areas) give clues on future movement.

By understanding this flow of liquidity, traders can make better decisions based on real market behavior, not just gut feeling.

Final Thoughts – tradeCompass Helps You Stay Ahead

• Below 19,935 → More bearish, targeting 19,750 and 19,725.
• Above 20,109 → More bullish, but resistance at 20,180 – 20,267.
• tradeCompass helps traders navigate key inflection points for smarter entries and exits.

Trade at your own risk. Stay updated on ForexLive.com for more insights. This is not financial advice.

This article was written by Itai Levitan at www.forexlive.com.