Catalysts & Headlines (CT)

NQ faces a critical intraday cross near pivot with potential for quick directional fade
Price action around the pivot area may set the tone for the session as momentum remains mixed and traders wait for a breakout or a test of nearby supports.
12:30
Weak data risk from domestic manufacturing signals could limit upside move
If manufacturing readings disappoint, risk sentiment could deteriorate and push NQ toward nearby supports.
14:00

Economic Calendar (CT)

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07:30USEmpire State Manufacturing IndexHigh
08:15USCapacity Utilization RateMed
08:15USIndustrial Production m/mMed
09:00USNAHB Housing Market IndexMed

Key Levels — NQ

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LevelPriceType
Pivot30820Pivot
R130950Resistance
R231100Resistance
S130710Support
S230600Support
S330500Support
POC30850POC

Overnight Session

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NQ Globex
30873.00
1449.00
ES Globex
7639.75
142.25
VIX
16.00
-1.68
10Y Yield
4.469
-0.018
DXY
99.57
-0.18
Crude
80.65
-4.23

Market Context

📊
NDX implied volatility score (0–100). Computed from VXN level: VXN<=15 -> ~100 (calm); VXN>=30 -> ~0 (stress). Green = calm/risk-on, supports bullish bias. Red = stressed, bearish for tech. Amber = mid.
VXN25.92
Options put/call balance (0–100). Higher = more puts, more hedging/fear. Lower = complacency. Green = low hedging. Red = heavy protection. Amber = balanced.
Put-Call0.XX
VIX futures curve shape (0–100). Higher = steeper contango, calmer outlook. Lower = flatter or backwardated, stress rising. Green = calm. Red = elevated hedging demand. Amber = neutral.
VIX Term Structure16
NDX leadership momentum score (0–100). Derived from semis (SMH) day change + NQ momentum. Green = semis confirming risk-on (mag-7 bid). Red = semis weakening (warning for NDX). Amber = mixed.
Tech Momentumpositive
Market breadth (0–100). Higher = broad participation, healthy rally. Lower = narrow leadership, rotation risk. Green = strong breadth. Red = weak breadth. Amber = mixed.
Breadthmixed

Session Playbook

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Bull Case
OrderBuy Stop
Entry30860-30900
Stop30750
TP130950
TP231100
Pivot vicinity break with favorable R:R in chop.
Bear Case
OrderSell Stop
Entry30750-30800
Stop30950
TP130650
TP230550
S1/S2 nearby support area to fade upside pressure.
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