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NQU2023

NQ1! Supply Demand Levels 6/25I am expecting more movement from Wednesday to Friday due to Powell speaking. Staying open minded to what may happen as we have been consolidating and getting tighter in range. BULLS: 15264 as we hit this area multiple times, it is the double top of Jan/March 2022, and we can't seem to break over it now. We have a 3HR supply and 15M supply to break through. If we can get through this area, looking for a push to 15475 6/16 highs to retest by EOW or by next week. BEARS: 14910 is the next 1HR S1 pivot target that I would like to see hit first. This would retrace some of the bull move from 6/12 and seems like a solid retracement. If we can break through this level, 14780-14800 looks like a solid 4HR demand area and where we consolidated before the big break to the upside. This seems like a promising bounce area. These targets may seem out of reach if based on a slow volume week, but with news speeches, we may get the momentum to move 300-500 pts this week (.5-1% a day). Link to chart: www.tradingview.com
CME_MINI:NQ1!
by tradeswithjess