NASDAQ futures are trading near 23,652, sitting at the tradeCompass bearish threshold. A break below this level opens the path for a bearish session, with targets at 23,632, 23,615, 23,589, 23,562, and 23,520, while swing targets are 23,471 and 23,307. The bullish case starts above 23,711, with targets at 23,755, 23,775, 23,811, and a swing extension to 23,900. <\/p>\n
NVIDIA\u2019s earnings have prompted a reaction, with shares dipping 5.5% after-hours. However, futures recovered partially, and the open of the US session will be decisive. tradeCompass analysis disregards headlines and focuses on clear thresholds for direction. Profit targets are aligned with historical Value Area Highs, Point of Control, and VWAP for partial profit-taking.<\/p>\n
tradeCompass principles involve clear thresholds to define bias and limit trades. Traders secure profits by moving stops to entry after hitting targets. The Value Area and VWAP are key reference points. With the emphasis on structured decision-making, traders are advised to assess risk and personal trading plans. This analysis is not financial advice.<\/p>\n
We are at a critical point for the NASDAQ, with the futures price sitting right on the bearish line at 23,650. The market is digesting NVIDIA’s post-earnings drop, where the stock fell despite strong results due to cautious forward guidance. How big institutions react when the U.S. market opens will set the tone for the coming days.<\/p>\n
A sustained move below 23,650 would confirm that sellers are taking control, likely using the NVIDIA news as a catalyst to take profits. This view is supported by the July 2025 inflation report released two weeks ago, which came in at a stubborn 3.4% and has traders worried about the Fed’s next move. If we break down, the first logical places to take some profit are at 23,632 and then 23,615.<\/p>\n
For traders entering short positions, risk management will be key, as the CBOE Volatility Index (VIX) has crept up to 17.5 this past week, indicating rising uncertainty. We believe in moving the stop-loss to the entry point after the second profit target at 23,615 is hit. This tactic protects capital in a choppy environment where sharp reversals can happen without warning.<\/p>\n
On the other hand, if the market refuses to sell off and instead climbs above 23,711, it signals that buyers are absorbing the selling pressure. This would suggest the NVIDIA dip is seen as a buying opportunity, much like we saw with similar tech leader pullbacks throughout 2024. A move above this level puts bullish targets like 23,755 and 23,775 in play.<\/p>\n
This indecisive price action makes buying outright puts or calls expensive due to the higher implied volatility. In the coming weeks, derivative traders should consider using credit or debit spreads to define risk and cheapen their entry. A bearish trader might sell a call spread above the highs, while a bullish one could sell a put spread below recent support.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" NASDAQ futures near key threshold; a break below 23,652 could trigger bearish session, targets lower.<\/p>\n","protected":false},"author":62,"featured_media":16994,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-29775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/29775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=29775"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/29775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16994"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=29775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=29775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=29775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}