Watch out here folks. Vey ominous that NQ did not make a new high on the monthly chart.
Immediate target is going to be below that monthly wick at 23,900. As you can see there is a FVG around here but since its already been played by that wick would expect lower.
There is another unplayed FVG around 22,000 which will most likely be the targets on the monthly.
Seemingly distribution happening after not grabbing that new ATH on NQ.
Indicators are both printing "bullish" on the monthly chart, this is beacuse there are 15 days left this month and technically it wont be bearish until they lose this pivot. However, weekly is bearish already.
Long term target is 19,970. 2026 is going to dump hard into 2027. Would be bearish biased all year.
Almost 5,000 points of action setting up to dump big time.
Indicators used:
TrenVantage LITE
Rejection Zone LITE
ICT Confluence Engine LITE
Immediate target is going to be below that monthly wick at 23,900. As you can see there is a FVG around here but since its already been played by that wick would expect lower.
There is another unplayed FVG around 22,000 which will most likely be the targets on the monthly.
Seemingly distribution happening after not grabbing that new ATH on NQ.
Indicators are both printing "bullish" on the monthly chart, this is beacuse there are 15 days left this month and technically it wont be bearish until they lose this pivot. However, weekly is bearish already.
Long term target is 19,970. 2026 is going to dump hard into 2027. Would be bearish biased all year.
Almost 5,000 points of action setting up to dump big time.
Indicators used:
TrenVantage LITE
Rejection Zone LITE
ICT Confluence Engine LITE
visit trenvantage.io/ for access and more information
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visit trenvantage.io/ for access and more information
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.