NQ is showing early signs of macro exhaustion after rallying deep into Q2 premium territory and failing to hold above it. A key swing high was formed on June 13, in perfect confluence with:
🔻 Q2 0.75 level
🟥 Quarterly Premium Zone
📉 Bond market divergence (ZB1! failed to confirm ZF1!/ZN1! strength)
🗣️ (Not a bond expert, just observing behavior)
This type of confluence has historically preceded liquidity draws back to EQ or even discount levels.
📐 Levels I’m Watching
Q1 Mid (~20,975): Strong magnet if we break lower
Q2 EQ (~19,975): Next likely draw if structure shifts
MOOD (~21,460): Holding above this pauses deeper sell bias
Q2 Premium Zone (22,300–22,500): Rejection zone and CPI swing high (June 11-13)
Discount Block (18,300–17,500): Long-term liquidity void if momentum builds
❌ Invalidation
NQ reclaims and holds above 22,300–22,500
⚠️ Disclaimer
This is NOT financial advice. All content shared is speculative and intended for educational or entertainment purposes only. Futures trading carries significant risk and may not be suitable for all investors. Always do your own research and consult with a licensed financial professional before making trading decisions.
🔻 Q2 0.75 level
🟥 Quarterly Premium Zone
📉 Bond market divergence (ZB1! failed to confirm ZF1!/ZN1! strength)
🗣️ (Not a bond expert, just observing behavior)
This type of confluence has historically preceded liquidity draws back to EQ or even discount levels.
📐 Levels I’m Watching
Q1 Mid (~20,975): Strong magnet if we break lower
Q2 EQ (~19,975): Next likely draw if structure shifts
MOOD (~21,460): Holding above this pauses deeper sell bias
Q2 Premium Zone (22,300–22,500): Rejection zone and CPI swing high (June 11-13)
Discount Block (18,300–17,500): Long-term liquidity void if momentum builds
❌ Invalidation
NQ reclaims and holds above 22,300–22,500
⚠️ Disclaimer
This is NOT financial advice. All content shared is speculative and intended for educational or entertainment purposes only. Futures trading carries significant risk and may not be suitable for all investors. Always do your own research and consult with a licensed financial professional before making trading decisions.
WWFX Trading
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.
WWFX Trading
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.