NQ DEC. WEEK #2NQ remains on a cautiously bullish footing as it consolidates after a recent rebound — price is hovering around the 25,800 area while testing a resistance band between roughly 25,350–25,550. Strength in tech stocks and favorable sentiment — driven by expectations that the Federal Reserve may cut interest rates soon — are underpinning support.
On the downside, failure to break decisively above the resistance zone could prompt a pullback toward support levels near 25,000–24,850, especially if macro-data disappoints or yields rise.
That said, if bulls regain control and push past 25,550, the next upside target lies near the ATH (26,000–26,300) — making a move toward those highs the baseline bullish scenario. These are scenarios for this week, let's see what we get
