Futures NASDAQ 100 E-MINI
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NQ Futures – Smart Money Concepts (15m)

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📅 May 22, 2025 | Analysis by Wavervanir International LLC

We're tracking a clear distribution structure on the 15-minute NQ chart. Here's a breakdown of our thesis:

🔍 Market Structure:
Multiple CHoCHs followed by a confirmed Break of Structure (BOS) at ~21,100

Rejection from Premium Zone near 21,475–21,550

Current price is reacting around Equilibrium (0.5 FIB) at ~21,234

🧠 Smart Money Outlook:
Order blocks are aligning with a potential bearish continuation

Expecting a move towards the Discount Zone between 21,040–21,000

Below that, confluence builds near the 1.272–1.414 FIB extension, targeting 20,845.75

📉 Projection:
We're looking for a liquidity sweep below the weak low (~21,040), followed by a potential reaction at 20,845.75. Volume is spiking near bearish zones—suggesting institutional unloading.

🔻 Probability favors downside continuation toward the blue liquidity pool.
📍 Short Bias remains valid unless invalidated above 21,350.

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