Seems like this week
ES1! closed above the high of the previous Tertiary Quarter while
NQ1! didn't which indicate as bear SMT.
What supports this idea is the fact that
NQ1! is between two daily gaps of previous weeks in the same month Q1.
This make me believe that we are looking to retrace to previous gaps and I'm bearish this week.
What supports this idea is the fact that
This make me believe that we are looking to retrace to previous gaps and I'm bearish this week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.