NASDAQ Weekly Analysis TA & Fundamental News Alignment

MNQ1! NASDAQ NQ1! NDX NAS100

Highest Probability for the upcoming week?
Not looking good with the Friday news tension of Israel Iran war escalation.
Not much of a selloff coming in, I guess the market is still in the wait and see mode of the upcoming weekend news development; could even be in the next week if the success of de-escalation negotiations.

The TA sure look eerie though, big a** H&S formation completion of the last leg. If successful, could we well be in the recession? Will this scare off the FED and force them to CUT RATES?
Smart money opportunity to buy another big dip?

Have we been in a real proper pullback after a massive rally from "Liberation Day" ?
I wonder why we can't break this level in the last week, could it be that the Smart Money selling to Retail?
It sure does look like an exhaustion point doesn't it?

BEARISH SCENARIO:
- Final Leg of the H&S lead to a massive selloff by Retail and Smart Money buying the dip.
- News WAR breakout with Iran vs Israel, with every development leading to a sell-off / rollover.
- Weekend news leading to a massive gap lower in the Monday Asia Open.
- Last week weekly candle close RED wick/shadow suggesting a strong resistance/ rejection level. A high-probability of the next candle will also be a RED Weekly Continuation?

BULLISH SCENARIO:
- Healthy Retracement and holding strong support levels.
- Even for any bearish news the market holds & the participant buying power will maintain a healthy pullback.
- Sweep up to the liquidity making New All Time High.

NOTE:
*This is a weekly analysis, Price Action within the week will reflect differently from day to day.
*The outcome will only be projected by the end of next week.
*Please do comment on your thoughts, a healthy discussion is always welcomed.
*I am publishing my thoughts and context to the way I interpret the market, in no way I am giving any financial advise.