NQ1! Chart for 5/18-5/19 S/D Levels
Chart Link: tradingview.com/chart/5XGqlTVf/?symbol=CME_MINI:NQM2023
Not seeing much resistance on the chart for a further push up, HOWEVER, JPOW is speaking tomorrow.
Preparing for major moves tomorrow: BULLS 13980-14140 (major rejection R5 level). BEARS 13759-13792 to grab demand zone liquidity, if we fall heavy then 13677.
We have lots of gaps to the downside to cover but we have broken last August 2022 highs so I want to see this breakout continue strong or a retest and then push up higher for the coming weeks. Debt ceiling meeting soon and EOM is right around the corner too!
Not seeing much resistance on the chart for a further push up, HOWEVER, JPOW is speaking tomorrow.
Preparing for major moves tomorrow: BULLS 13980-14140 (major rejection R5 level). BEARS 13759-13792 to grab demand zone liquidity, if we fall heavy then 13677.
We have lots of gaps to the downside to cover but we have broken last August 2022 highs so I want to see this breakout continue strong or a retest and then push up higher for the coming weeks. Debt ceiling meeting soon and EOM is right around the corner too!
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