NQ is still trading within a range, and I’m expecting a strong move once we get a confirmed breakout.
On the upside, I’m watching 30,250 as the target.
On the downside, 28,200 is the first major level I’m watching. If that fails to hold, I’d be looking toward 27,000 next.
The interesting part is the clean traffic both above and below the current range. Once price breaks out, there isn’t much structure in the way, which could allow the move to accelerate pretty quickly.
What do you think? Like, comment, and follow!
On the upside, I’m watching 30,250 as the target.
On the downside, 28,200 is the first major level I’m watching. If that fails to hold, I’d be looking toward 27,000 next.
The interesting part is the clean traffic both above and below the current range. Once price breaks out, there isn’t much structure in the way, which could allow the move to accelerate pretty quickly.
What do you think? Like, comment, and follow!
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