Possible shorting opportunity on MNQ for Friday
My directional bias for Friday 17 January 2025 is Bearish with the Focus on price trading lower to fill in the BISI after finding some sort of support in premium levels. My Focus is the PDL at 21171.75 and then possibly the low of the BISI at 21143.75 for the discount draw on liquidity. I also like the fact that yesterday price wicked higher to clear the PDHs and then filled in the premium SIBI and found rejection off the D -OB lower quadrant. So lets see how price delivers today....
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