martiedirect

NQ going into Monday Mixed

martiedirect Uppdaterad   
CME_MINI:NQH2024   E-mini Nasdaq-100 Futures (Mar 2024)
Monthly: Price is still above PMH with 3d and 19Hrs left and we are at all time highs therefore price can either continue or start to pull back.

Weekly: price took out previous weeks high and low failed to close above PWH or below PWL, however the candle closed bullish.

Daily: Friday candle swept buy side liquidity or PDH and failed to make a swing high therefore the draw on liquidity was to the previous day low which price has reached during this Sunday open
going into a daily BISI, I will look at NY opening to is this daily BISI is going to be respected on 4hr and 1hr

4hr level broke lower which mean price could be making a pull back as of now I don't have a clear DOL , which gives me mixed feels so we will address more in tomorrows pre market leading into the opening session

Kommentera:
overnight price reached the previous day's low and then recovered breaking above a 4hr SSL sweep and respecting daily bisi,

4hr price still shows bullish potential and pullback appears to be shallow in the pre-market

1hr price failed to make a new low which resulted in a shift creating a bullish mitigation block and now the price is currently in a 1hr BISI and there is a potential 1hr bullish order block that could
be respected if the price fails to hold at 1hr bisi. I will see how the price looks at the open for potential longs
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