NQ: After the Bell 07/28/2025
The market tested 23580 during the session, rejecting after aggressive buying failed to extend. Short-term bullish, but watch 23580 for failed breakout risk.
Market session review Monday Game Plan Tuesday:
๐ Nasdaq Futures Report
๐ Monday: July 28, 2025
๐ Analysis Window: (18:00 โ 17:00 ET) + higher timeframe structure
๐ก Focus: Order intensity, intraday structure, and directional bias
๐ Narrative Summary
Mondayโs RTH session opened with a tight consolidation in the upper 23400s before resolving upward into a series of high-volume tests above 23500. The sharpest order flow spike occurred between 09:45 and 10:15 ET, with over 25K accumulated orders printing around 23510 before sellers reversed the move.
The midday session saw a rotation back down into the 23460โ23480 demand shelf, printing another cluster of absorption before a secondary rally developed late session, closing near the 23530s.
Volume was concentrated heavily during the NY open through the first two hours, suggesting strong institutional participation. Structure remains bullish short-term with constructive pullbacks, though price is nearing the top of a multi-day range.
๐ Bias: Bullish intraday structure holding higher lows
๐ Next session bias: Watch for potential failed breakout above 23580 if NY lacks follow-through.
๐ Note: Red Folder Economic Events:
| Event | Date | Time (ET) |
|---|---|---|
| Goods Trade Balance | 07/29/2025 | 08:30 |
| Jolts Job Openings | 07/29/2025 | 10:00 |

๐ฎ Tuesday - Next Session Game Plan
๐ Base Case โ Responsive Range
Open Inside 23480โ23540
โ Expect fades from 23570โ23580 into 23490โ23510 zone
โ Price likely oscillates around 23500โ23520 as magnet zone
๐ Breakdown Risk
Loss of 23460
โ Clears Demand/support
โ Exposes 23420 โ 23360 โ 23320 โ 23280
โ ๏ธ 23400 (4H) = Trend demand zone or structural inflection
โ Watch for volume confirmation โ avoid chasing into low-liquidity zones
๐ Breakout Scenario
Sustained acceptance above 23580
โ Clears Supply/resistance
โ Opens path toward 23620 โ 23680 โ 23740 โ 23820
โ ๏ธ 23580 (1H) = Trend supply zone or structural inflection
โ Watch for volume confirmation โ avoid chasing into low-liquidity zones
๐ง Key Heatmap Observations
๐น 23510 โ 29,448 @ 07/28 09:45 โ Initiative buying spike at breakout level
๐น 23520 โ 24,867 @ 07/28 10:00 โ Follow-through absorption, top of session impulse
๐น 23490 โ 26,972 @ 07/28 09:30 โ Strong volume at initial breakout level
๐น 23460 โ 15,341 @ 07/28 11:15 โ Absorption during midday pullback
๐ง Price Clusters by Timeframe
| Timeframe | Price Levels | Notes |
|---|---|---|
| 15min | 23490โ23520 | NY open breakout and response cluster |
| 30min | 23490โ23520 | Layered effort over multiple prints |
| 1H | 23500 | Strong initiative continuation level |
| 4H | 23400โ23500 | Key demand shelf with prior reactions |
| 1D | 22900, 23000 | Macro shelf from early July |
| 2D | 22950 | Longer-term composite support, mean-reversion anchor |
๐ Stay objective. Trade your plan with context.