Wednesday Mid-Session Update – Nasdaq-100 Futures (NQM2025), 5-Min Chart
1. Price Action Recap (London → US Open)
- Early London Dip & Hold: Price briefly tested the 21,315 zone (61.8% Fib/POC/VWAP lower) but held, forming a sharp reversal wick.
- Reclaim & Rally: A swift bounce from 21,315 carried NQ back above 21,405 (VWAP mid) and 21,463 (23.6% Fib/VAH).
- US Open Spike: Volume surge into NY morning drove a clean breakout to 21,552.50 ( May 14 swing), marking Tuesday’s high.
- Current Trading Range: 21,552 – 21,463, as price digests that breakout into midday.
London session
US opening session
2. Levels Tested & Targets Hit
21,315 – Tested & Held Demand base confirmed
21,405 – Reclaimed VWAP mid regained
21,463 – Cleared Fed into London supply zone
21,552.50 – Major target hit from the US opening trades, Tuesday’s high; now near-term resistance
3. Updated Targets & Projections
Bullish Hold above 21,552.50 on 5-min close • 21,611 (H4 band) → 21,682 (50% Fib) → 21,753 (61.8%) → 21,806 (H4 high)
Bearish Failure back under 21,463 • 21,405 (VWAP mid) → 21,315 (POC/VWAP low) → 21,251 (78.6% Fib) → 21,169 (H4 VWAP)
4. Execution Notes
- Volume Confirmation: Look for strong green bars on retests above 21,552 and red spikes on drops under 21,463.
- Alert Levels: 21,463 / 21,552.50 / 21,611 / 21,405 / 21,315.
- Risk Management: Keep intraday stops tight (5–8 ticks) and trail as each target is hit.