As the pre-market session unfolds, automated traders focusing on US index futures, particularly the Nasdaq-100 E-mini (NQ) and S&P 500 E-mini (ES), should take note of key levels and the overall market tone established during the overnight trading session.

Overnight Session Tone

The tone of the overnight session has been bullish, with both NQ and ES showing significant gains. The NQ is currently trading at 30,930.00, marking an increase of 1,316.32 points or 4.44% from its prior settlement of 29,613.68. Meanwhile, the ES has also displayed strength, trading at 7,820.75, up 163.40 points or 2.13% from its previous close of 7,657.35.

Key Levels to Watch

For traders employing automated systems, identifying critical levels is essential for making informed decisions. Here are the key levels for today:

• NQ: Prior-session high at 31,094.75 and low at 30,910.75. The 5-day range extends from 29,352.75 to 31,094.75.
• ES: Prior-session high at 7,843.25 and low at 7,818.75. The 5-day range is between 7,625.25 and 7,848.50.

Traders should keep a close eye on these levels as they can serve as potential entry and exit points for automated strategies.

Economic Calendar Overview

While specific events from the economic calendar are not available, it is important for systematic traders to remain aware that the day's economic calendar can influence market behavior. Traders should consider how upcoming economic reports might impact volatility in the NQ and ES futures.

TradingView to NinjaTrader Integration

For traders utilizing the TradingView to NinjaTrader integration, today's setup should involve configuring alerts based on the key levels identified above. Automated trading systems can be programmed to react to price movements around these levels—executing trades when the market touches or breaches them.

For example, setting alerts for price action at the prior-session high of 31,094.75 for the NQ or 7,843.25 for the ES could help capture potential breakout opportunities. Conversely, monitoring the lower bounds of the 5-day ranges can provide insights into potential reversal points.

Conclusion

As we approach today's trading session, systematic traders should remain vigilant and utilize their automated setups to navigate the bullish tone and key levels in the NQ and ES futures. By harnessing the capabilities of tools like NinjaView, traders can streamline their trading strategies and react promptly to market movements.