NQ: At the Bell 08/08/2025
The market defended 23530 overnight, holding firm above breakout support. Bias remains bullish with breakout watch above 23600.
Market briefing for the Friday RTH open:
๐ Nasdaq Futures Report
๐ Friday Open: August 08, 2025 @ 09:30 ET
๐ Analysis Window: Overnight Globex (18:00 โ 09:00 ET) + higher timeframe structure
๐ก Focus: Order intensity, intraday structure, and directional bias
๐ Narrative Summary
Thursdayโs bullish continuation carried into the overnight Globex session, with price finding responsive demand beneath 23500. Notably, intense order flow printed at 23535 and 23530 prior to RTH, showing buyers actively defending the area after a shallow pullback. Overnight structure was balanced, holding above yesterdayโs breakout zone.
The key magnet zone remains 23500โ23560. A break below could pressure demand pockets near 23400 and 23320, while acceptance above 23560 may reopen the path toward the 23600โ23620 cluster.
Bias remains bullish, but responsive selling may cap upside if volume fails to sustain above 23600.
No Red Folder Economic Events today.
๐ฎ Friday Game Plan
๐ Base Case โ Responsive Range
Open Inside 23500โ23560 zone
โ Expect fades from 23560/23600 into 23500
โ Price likely oscillates around 23530โ23540 magnet zone
๐ Breakdown Risk
Loss of 23500
โ Clears Demand/support
โ Exposes 23400 โ 23320 โ 23200 โ 23175
โ ๏ธ 23375 (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 23600
โ Clears Supply/resistance
โ Opens path toward 23620 โ 23700 โ 23840 โ 23900
โ ๏ธ 23600 (4H) = Trend supply zone or structural inflection
โ Watch for volume confirmation โ avoid chasing into low-liquidity zones
๐ง Key Heatmap Observations
๐น 23540 โ 4280 @ 08/08 08:45 โ Late Globex absorption near top of range
๐น 23530 โ 4725 @ 08/08 08:30 โ Strong defense of key level, continuation setup
๐น 23535 โ 10793 @ 08/08 08:30 โ Heavy accumulation during price balance
๐น 23535 โ 8345 @ 08/08 08:00 โ Front-run liquidity sweep before bounce
๐ง Price Clusters by Timeframe
Timeframe | Price Levels | Notes |
---|---|---|
15min | 23520โ23540 | Globex response zone, buyer interest near highs |
30min | 23535โ23550 | Consolidation zone pre-RTH |
1H | 23520โ23620 | Prior day breakout area and continuation cluster |
4H | 23400โ23600 | Major structural zone, both supply and demand clusters |
1D | 23000โ23500 | Composite structure and support platform |
2D | 22950โ23550 | Macro continuation zone, last pivot prior to breakout |
๐ Stay objective. Trade your plan with context.