nq100

$NQ 30295 this is the level I’m watching.
#nq100 is giving some interesting price action here, and with the September Employment Situation dropping Friday, I’m expecting volatility to pick up around the release.
I’m not trying to predict the NFP number or chase the reaction.
I’m more interested in how price behaves around 30295.
If NQ reaches that level, I’ll be watching the liquidity, displacement and reaction closely. That could give us a much clearer idea of where the next few weeks may be headed.
For now, 30295 is the level on my chart.
Let the market show the hand first.
#NASDAQ

#FedRateWatch #SP500Index #nq100
💥Top U.S. market events this week
Federal decision (the most important event):
🐳The Federal Open Market Committee met on September 15–16, and the decision will be announced today at 2:00 PM Eastern Time. Markets are pricing in a greater than 90% chance of a rate increase (a quarter point, to reach a range of 3.75%–4.00%), which would be the first hike since 2023. This decision is especially important because it comes amid division within the committee and strict statements from Federal Reserve Chair Kevin Warsh.
🔥Inflation pressures from oil:
Oil prices surpassed $100 per barrel for the first time since May due to rising tensions in the Middle East, pushing Treasury bond yields (10-year) to their highest level in roughly since 2023, putting pressure on stocks.
Index performance recently:
🥀Last week saw a decline, with the Dow Jones falling 1.6% (the largest weekly drop since March). The S&P 500 and Nasdaq also fell by 0.8% and 0.7%, respectively, amid cautious anticipation of the Federal decision.
$SPYB

#nq100 I think it works 👍