NQ: At the Bell 08/19/2025

The market pressed into 23760 overnight, testing demand with heavy sell flow. Bias leans bearish unless 23800 is reclaimed.

Market briefing for the Tuesday RTH open:


๐Ÿ“Š Nasdaq Futures Report

๐Ÿ“† Tuesday Open: August 19, 2025 @ 09:30 ET
๐Ÿ•“ Analysis Window: Overnight Globex (18:00 โ†’ 09:00 ET) + higher timeframe structure
๐Ÿ’ก Focus: Order intensity, intraday structure, and directional bias


๐Ÿ” Narrative Summary

Overnight trade extended the prior sessionโ€™s weakness, with sellers pressing into 23760โ€“23770 support after multiple failed recovery attempts. The heaviest order flow concentrated between 23800โ€“23760, marking this as the primary battleground. Responsive bids have held that shelf but with diminishing conviction, leaving the bias tilted bearish into the Tuesday open unless price can reclaim 23800 with sustained order flow.

๐Ÿ“Œ Note: Red Folder Economic Events:

Event Date Time (ET)
Housing Starts 08/19/25 08:30
Building Permits 08/19/25 08:30

Trading Intensity Chart


๐Ÿ”ฎ Tuesday Game Plan

๐Ÿ“ˆ Base Case โ€“ Responsive Range

Open Inside 23760โ€“23800
โ†’ Expect responsive fades from 23800 back into 23770โ€“23760
โ†’ Price likely oscillates around the 23775โ€“23780 magnet zone

๐Ÿ“‰ Breakdown Risk

Loss of 23760
โ†’ Clears demand shelf
โ†’ Exposes: 23740 โ†’ 23720 โ†’ 23680 โ†’ 23650
โš ๏ธ 23760 (30m/1H) = Trend demand zone and structural inflection
โ†’ Watch for volume confirmation โ€” avoid chasing into thin liquidity

๐Ÿš€ Breakout Scenario

Sustained acceptance above 23800
โ†’ Clears supply pressure
โ†’ Opens path toward: 23830 โ†’ 23860 โ†’ 23900 โ†’ 23940
โš ๏ธ 23860 (90m/4H) = Trend supply zone and structural inflection
โ†’ Watch for volume confirmation โ€” avoid chasing into exhaustion prints


๐ŸงŠ Key Heatmap Observations

๐Ÿ”น 23760 โ†’ 3645 @ 08/19 07:30 โ€“ Heavy sell pressure defended the shelf, absorption noted
๐Ÿ”น 23780 โ†’ 4039 @ 08/19 06:00 โ€“ Responsive buy flow attempted but failed to hold above 23800
๐Ÿ”น 23770 โ†’ 3724 @ 08/18 20:30 โ€“ Initial breakdown test, strong sell wave entered
๐Ÿ”น 23830 โ†’ 4177 @ 08/18 18:00 โ€“ Globex high, aggressive selling met early buyers


๐Ÿ”ง Price Clusters by Timeframe

Timeframe Price Levels Notes
15min 23830, 23800, 23780, 23770, 23760 Key short-term battle zones, multiple re-tests overnight
30min 23775, 23760 Demand shelf repeatedly tested
1H 23800, 23780, 23760 Heavy volume nodes, pivotal inflection
4H 23800, 23775 Structural demand/supply clusters
1D 23900, 23800, 23500 Composite resistance/supply above and demand shelf below
2D 23850, 23550, 22950 Macro resistance (23850) vs demand shelves lower

๐Ÿ“ˆ Stay objective. Trade your plan with context.