NQ100 → Entering the Danger Zone?

8 giu

📈 1. Technical Context (Price Action & Structure)

The daily chart shows a strong bullish continuation from the 17,350 area, with price now extending toward the 22,000 USD zone.
We are currently within a weekly/monthly supply, with:
Mild RSI divergence in overbought conditions
Temporary rejection at 22,050–22,200
A potential liquidity sweep above highs before distribution or pullback
The monthly structure shows a strong swing low that may serve as anchor for a future reversal

🧠 2. COT Report – Commitment of Traders (as of June 3)
Commercials (Smart Money):
+4,041 long | +3,320 short → Net +1,455 → hedging phase, not trend expansion
Non-Commercials (Speculators):
–2,237 long | +125 short → net exposure reduction
Open Interest increasing → new positions building, but no extreme imbalance
📌 Conclusion: Tactical neutrality, slight bullish lean from commercials.

📆 3. Seasonality
June has been historically bullish, especially in the past 2 years (+700 pts avg)
10Y average still leans bullish
⚠️ September is a clear seasonal reversal month across all timeframes
📌 Conclusion: Seasonal tailwind through end of June; cyclic reversal risk into Q3.

📰 4. Macro Calendar
High-impact USD week:

CPI – Wed, June 11
PPI – Thu, June 12
These will be critical to:

Validate the disinflation narrative
Set expectations for a Fed cut by Sep/Nov
📌 Conclusion: Expect explosive mid-week volatility — watch for liquidity spikes above 22,000 if CPI surprises.

⚙️ Operational Outlook
✅ Primary scenario (bullish continuation):
🎯 Target: 22,260 → fib extension + structure
❌ Invalid below 21,350
🔄 Alternative scenario (mean reversion):
🔻 Short from 22,050–22,200
🎯 Target: 20,950 → liquidity + FVG zone
🔁 Trigger: weekly engulf or hotter-than-expected CPI

5 giorni fa

Trade attivo

TP reached after 2 months. Now I will evaluate a change of trend, my view is bearish now.