Nasdaq (NQZ2024) - Better Trading Conditions Is Coming

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Similar to S&P 500, we have seen a lot of high resistance periods, making it challenging to anticipate with a high accuracy where the next draw on liquidity will be.

Recently, we have seen a shift in market structure, with $20,398* being the weekly consequent encroachment for this week.

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Neutral bias going into this week as price action was not as clear but new highs has formed, just like ES and YM.

What is expected in the short to near term future?

istantanea

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