NQ1! Chart for 5/31-6/1 S/D Levels
New downtrend created on the 1HR timeframe. At time of posting, it looks like an attempt to break out. If we hit longs, I see a pull to Pivot new 14333, otherwise I want a bear retracement to S1 at 14224. My previous trade idea did pan out which was nice to watch and during my call with the team. It seemed crazy at first but seems that the US debt ceiling meeting made things worse even though they agreed on raising it. IF this downtrend continues I want a break through the demand zone and a continuation to the downside to retrace the move as today was the last day of May. Here comes June!
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