NQ1!: Levels leading into PCE
Its been a minute since I have posted on futures and an intra-day idea.
Here are the levels to watch for NQ.
Looks like its heading to a rejecton zone (Green box). From there, the anticipation is to retrace the neutral range.
Wouldn't be shook to see it go to the red box.
Major rejection/support zones outlined with the teal lines.
Overall bias intra-day is immediately bullish but rejection at the rejection zone.
Here are the levels to watch for NQ.
Looks like its heading to a rejecton zone (Green box). From there, the anticipation is to retrace the neutral range.
Wouldn't be shook to see it go to the red box.
Major rejection/support zones outlined with the teal lines.
Overall bias intra-day is immediately bullish but rejection at the rejection zone.
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