NQ/ES RTH Recap — Monday Aug 31NQ/ES RTH Recap — Monday Aug 31
🌍 Geopolitical shock overnight, but the market digested it.
NQ
Close 29,516.50
Session low 29,355 → PM recovery
IB Bear A invalidated by late buying
ES
Close 7,698
Session low 7,674.75 → reclaimed
Structure
London trap → RTH gap down → absorption
PM reclaim of value
No divergence at close
Key levels into Tuesday
NQ : 29,529 / 29,617 / 29,719
ES : 7,712 / 7,739 / 7,764
Rules
R8 uncertainty respected
§9 aligned after lunch
No hero trades
🐪 Let the trade come to you.
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Education
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NASDAQ / US TECH — 1002H TECHNICAL ANALYSIS📊 NASDAQ / US TECH 100 — 2H TECHNICAL ANALYSIS
🎯 Liquidity → Structure → Entry → Targets
Current price: ~29,370
Timeframe: 2H
Chart structure: Bullish recovery inside a rising channel, but price is currently in a pullback phase.
🧭 1. MARKET STRUCTURE
The chart shows a clear shift from bearish structure to bullish recovery.
🔻 Earlier sell-off: price fell aggressively from the 30,200 area.
🔄 A CHoCH (Change of Character) appeared around the 29,550 region, indicating that sellers were losing control.
📈 Price subsequently created higher lows and higher highs.
📐 The rising trend/channel remains valid while price holds above the lower trendline and the broader support zone.
Current bias: 🟢 Bullish — but waiting for confirmation.
The recent rejection from ~29,700 means momentum has temporarily weakened. I would not chase price in the middle of the range.
🟩 2. MAJOR SUPPORT / DEMAND
28,900 – 29,050 🛡️
This is the major marked support zone.
It is important because it combines:
Previous reaction lows
Liquidity below the recent structure
Demand/support area
Lower portion of the broader bullish structure
A decisive break below this zone would significantly weaken the bullish thesis.
29,150 – 29,280 🎯
This is the more interesting short-term retracement/entry area, particularly around the marked ENTRY box.
The chart's projected path suggests a potential liquidity sweep into this area before continuation higher.
🟧 3. ENTRY ZONE
29,150 – 29,280
This is the zone your chart identifies as ENTRY.
However, professionally, I would distinguish between:
Aggressive entry:
🟠 Buy a reaction inside the zone.
Conservative entry:
🟢 Wait for a sweep/rejection + bullish 2H structure shift before entering.
The second approach reduces the probability of entering while price is still falling.
⚠️ Important
Do not treat the orange box as an automatic buy zone.
The ideal confirmation would be:
Liquidity sweep ↓ → rejection → bullish CHoCH/BOS → entry → continuation
🎯 4. UPSIDE TARGETS
Target 1 — 29,550–29,650
First structural resistance.
This is where price previously showed consolidation/rejection.
Target 2 — 29,800–29,950
🟥 FVG zone
A move into this imbalance would represent a logical intermediate objective.
Target 3 — 29,950–30,050
🟧 Order Block
This is the most important upside supply area marked on your chart.
Price could react strongly here.
Target 4 — 30,243.9
🔴 Major resistance
This is the key higher-timeframe resistance shown on the chart.
A sustained break above 30,243.9 would materially strengthen the bullish continuation scenario.
📐 5. THE FVG + ORDER BLOCK
The chart has a very clean confluence:
29,800–29,950 → FVG
⬆️
~29,950–30,050 → Order Block
⬆️
30,243.9 → Major Resistance
Therefore, if the long setup activates, I would expect 29,800–30,050 to be the first major profit-taking/supply region, rather than assuming price immediately reaches 30,244.
🧨 6. INVALIDATION
The bullish setup becomes questionable if price:
🔴 Breaks below the rising structure
🔴 Loses the 29,150 area with strong momentum
🔴 More importantly, breaks and accepts below 28,900–29,050 support
A clean 2H close below the major support would invalidate the current bullish continuation thesis and open the possibility of a deeper bearish retracement.
🧠 7. PROFESSIONAL TRADE PLAN
🟢 LONG SCENARIO — PRIMARY
Entry: 29,150–29,280 after confirmation
Confirmation: liquidity sweep + bullish CHoCH/BOS
TP1: 29,550–29,650
TP2: 29,800–29,950
TP3: 29,950–30,050
TP4: 30,243.9
📌 Management: After TP1/TP2, consider reducing risk and protecting the position rather than holding the entire size for the final target.
🔴 BEARISH ALTERNATIVE
If price fails to hold the entry region and breaks the rising structure:
29,150 → 29,050 → 28,900
A confirmed break beneath the major support would shift the structure from bullish continuation toward bearish correction.
🔥 FINAL VERDICT
BIAS: 🟢 BULLISH / BUY THE DIP — NOT BUY THE CHASE
The strongest feature of this chart is the bullish structural recovery + rising trendline + support confluence.
The preferred sequence is:
💧 Liquidity sweep
⬇️
🟧 29,150–29,280 ENTRY AREA
⬆️
📈 Bullish CHoCH/BOS confirmation
⬆️
🎯 29,550
⬆️
🎯 29,800–29,950 FVG
⬆️
🎯 30,000 Order Block
⬆️
🎯 30,243.9 Resistance
⭐ Key rule
Don't enter simply because price touches the box. Let price prove the reversal.
This is a technical scenario based only on the chart provided, not a guaranteed prediction or financial advice.
Long 
Potential bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce towards the 1st resistance.
Pivot: 99.05
1st Support: 98.52
1st Resistance: 99.66
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NASDAQ — THE RACE TO THE BRICK WALL?NASDAQ — THE RACE TO THE BRICK WALL?
Cay7mon — Chart Navigator , and occasionally moonlighting as a Crash Insurance Broker — has one message for late entries to the Nasdaq Crash Derby: check your policy before putting the foot down.
The Nasdaq remains inside its larger secular uptrend, so this is not a declaration that the technology bull market is finished.
Yes, price is also approaching the upper parallel of its long-term structure — but that is not my main concern. Markets can ride or even break channel boundaries and continue higher.
My concern is the distance from market fair value.
Price is now materially extended from its fair-value reference on the higher timeframes. That matters more to me than simply touching the top of a channel, because the further price travels from fair value, the greater the mean-reversion risk that builds into the structure.
My current map still allows for one final upside leg first.
The route
Current area ~29,400 → 30,060 → PONR around 31,500–31,800
That final push is important. I am not shorting the Nasdaq simply because it looks expensive.
The current map still has unfinished upside business, with the higher target sitting around the extended higher-timeframe area.
That is where the road potentially changes.
PONR — ~31,500–31,800
This is the main decision area on my current map.
If price completes that final leg and fails around this area, the higher-timeframe route begins to hand control downward.
From there, I am mapping:
31.5–31.8K → 30,060 → 26,358 → 24,264 → rebound toward ~25,500
And then?
Sorry guys — screen ain’t big enough. The rest continues in the next post. 😎
The important point is that I am not calling the end of the Nasdaq bull market.
A market can remain inside a long-term rising structure while still undergoing a substantial repricing back toward fair value.
Bull markets do not travel in straight lines, and being a great collection of companies does not make every price a great entry.
This also follows directly from my NVIDIA analysis.
NVIDIA is one of the largest forces inside the Nasdaq-100 and sits at the centre of the AI-capital-expenditure cycle.
If NVIDIA, the broader semiconductor complex and the Nasdaq itself begin independently mapping similar higher-timeframe routes, the issue becomes larger than one company.
Company → Sector → Index.
That does not guarantee a crash.
But it certainly deserves attention.
And if the Nasdaq really does lose control, does anyone honestly think the S&P 500, ASX 200 or the rest of global equities will be completely immune?
Maybe not the same move.
Maybe not at the same speed.
But when one of the world’s biggest risk engines hits the brakes, the shock rarely stays in one lane.
So if you’re joining the Crash Derby late, buckle the seat belt, put the helmet on and hang on tight. 😂
As the movie title says:
GOOD LUCK — AND DON’T DIE.
And this is where my side hustle at Cay7mon Crash Insurance Ltd. comes in. 😂
As a dealer in the control room — or as a market analyst — narrative comes second. Data and price are what matter.
I’m not trying to predict the unknown.
I’m trying to chart it.
I’m trying to be a Chart Navigator. 📊
Price gets the final say.
-— Cay7mon
About this map:
This map isn’t trying to predict the exact dollar. I’m mapping the probable direction and route so there’s a game plan ahead of time. As price changes, the map adapts to the evidence. Short 
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