ES Demand Zone 3881-3895 with Supply Zone 4029-4047
NQ Demand Zone 11,706-11,650 with Supply Zones 11,811-11,857
then 11,921-12,000 next zone
Let's see if these zones produce a reaction - note failed
breakout attempts (see trendlines off the top) can produce strong
reversals. With the overnight action on the futures onus back
to the bulls
There is a trendline support on /NQ near 11650, which is
expected to hold. TSLA reports later today, so an intraday bounce
in /NQ is likely to be sold.
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ES Demand Zone 3881-3895 with
Posted by steve on 25th of Jan 2023 at 09:13 am
ES Demand Zone 3881-3895 with Supply Zone 4029-4047
NQ Demand Zone 11,706-11,650 with Supply Zones 11,811-11,857 then 11,921-12,000 next zone
Let's see if these zones produce a reaction - note failed breakout attempts (see trendlines off the top) can produce strong reversals. With the overnight action on the futures onus back to the bulls
There is a trendline support
Posted by junkie on 25th of Jan 2023 at 09:17 am
There is a trendline support on /NQ near 11650, which is expected to hold. TSLA reports later today, so an intraday bounce in /NQ is likely to be sold.