MNQ1! Ultimately I just want to see this 1 hour money flow come down into the red with the selling pressure to match it at the 50 SMA. Pretty much the exact opposite setup vs what we had Monday morning. I did post that setup in MES minds at 6030 but not here.
MNQ1! This move on the daily looks stretched out like it could be a 5 wave already, but honestly on the 2 day I believe we are only in the 3 wave now having hit the 1.618 extension. The setups aren't present yet, but I would expect this area to be where we get a nice deep 4 wave pullback from. That 4 wave could even fill all gaps down just to put in a higher low will just have to play it as the price action develops. My posts in MES/ES are more detailed with regards to what I will be looking at to expect the larger retracement to begin.