#NQ_F #NQ Post CPI landscape. Long setup into continuation, cover at the top of the balance - multi day resistance. A new bull flag is being formed. Scenario of double top is in play, posted earlier in the morning.

#NQ_F #NQ A large view. A clear pullback with a first stop around 950ish. A few potential scenarios are presented. A double top with lower high would be preferable for shorts, a back test of the broken wedge is for longs. A smaller view. The price made to the bottom of the broken consolidation area. A clear bear flag. Post CPI action to watch. The default outcome of this pattern is to resume the downside. A failed bear flag is bullish.

#NQ_F #NQ A breach of the bull flag formation and downside move into yearly projected zone. At this point, a reversal is highly unlikely. We may see reactions from each level on first test. Some time ago I posted a weekly view indicating that the wave 3 is about to end and we should expect a pullback - the wave 4 (38.2% ret).

https://twitter.com/ivs_futures/status/1556570002643353600

#NQ_F #NQ Inside session so far. A narrow range. The ON session range expansion to watch, it would set a short term directional bias to tag along. The air pocket below is a good candidate to fill, but let the market show its hand first. Market listens :) The air pocket is filled.

#NQ #NQ An attempt to break outside of the flag. The previous high is pivoting level now. The price may oscillate around it until accepting/rejecting. So far a reaction from 420 level mentioned in the previous tweet.

Obvious highs and lows are seen by everyone... Understanding what the market does around those levels is a skill to develop. 350ish found responsive sellers pushing back to 250. Not a red flag at the moment. Usually, price gets closer to the previous day close before the opening.