NQ Weekly Recap + Outlook
1️⃣ Recap:
NQ made a new All-Time High, but the breakout ended up being a deviation. Price got rejected and started pulling back.
This signals potential weakness and suggests price may want to explore lower levels.
2️⃣ Bearish Scenario:
📍Target: Daily Swing low (Blue line)
📍Deeper target: Weekly Fair Value Gap (Purple zone)
I’ll look for LTF confirmations around these zones to position for potential longs.
3️⃣ Bullish Catalyst Watch:
There’s increasing speculation that Powell may resign this week.
If that happens, we could see:
✅ Strong bullish momentum
✅ Little to no retracement
✅ Immediate push into new ATHs
Weekly Plan Summary:
🔸 Scenario 1 - Pullback Continuation:
Look for reactive long setups at Daily Swing or W FFVG zone.
🔸 Scenario 2 - Powell Resignation:
Expect a breakout move with momentum — potentially no retrace.
Stay nimble. Trade what the chart confirms, not what the news promises.
1️⃣ Recap:
NQ made a new All-Time High, but the breakout ended up being a deviation. Price got rejected and started pulling back.
This signals potential weakness and suggests price may want to explore lower levels.
2️⃣ Bearish Scenario:
📍Target: Daily Swing low (Blue line)
📍Deeper target: Weekly Fair Value Gap (Purple zone)
I’ll look for LTF confirmations around these zones to position for potential longs.
3️⃣ Bullish Catalyst Watch:
There’s increasing speculation that Powell may resign this week.
If that happens, we could see:
✅ Strong bullish momentum
✅ Little to no retracement
✅ Immediate push into new ATHs
Weekly Plan Summary:
🔸 Scenario 1 - Pullback Continuation:
Look for reactive long setups at Daily Swing or W FFVG zone.
🔸 Scenario 2 - Powell Resignation:
Expect a breakout move with momentum — potentially no retrace.
Stay nimble. Trade what the chart confirms, not what the news promises.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.