NASDAQ 100 E-mini Futures
Updated

NQ Targets (12-15-23)

39
Yesterday did give the drop test back to the 16627 level, we had a 100 point 4 minute drop followed bay another 100 plus drop. This was slowly bought, flat sideways final hour and again the O/N lift straight up. Now back at origin of the drop and most likely we see a Failed Auction rally Friday after the O/R drop. Two targets depending on the reaction to the O/R drop. I will update on Teams.
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Keep in mind today that the patterns have not changed. Friday's may see a early drop (push/pull) and then once the machines get turned off a rally with FA's can run very far (16950-17000). This will then play into the Sunday O/N and Monday rally, this has been going on all year.
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16809 is KL to watch at O/N High
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No 1 way run as we are still in every trade or move coming back on the move range. This gives you 2 chances to catch some points. The drop will come once this changes and the cycle breaks. The drop is most Likely the next bigger move as we get stretched here.
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Test zone for next move
snapshot
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Track 100 point moves and plan 100 point targets
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Rejection snapshot
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KLOD to O/N High is range, may see some push/pull in range Mid Range levels are TZ's Turn Zones
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So Chop Long PA may break later for quick 100-200 point drop.
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875-880 is TurnZone
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16880 did turn and drop back to O/R
snapshot

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