Futures Week 47 Monday Analysis
As I see it the close target of both ES and NQ is the True Month Open.
On both of the True Month Open there is a gap from previous Monday in 6h chart.
The bullish movement that we had this week is supported by SMT between
ES1!, 
NQ1! and 
YM1! and 6h gap from previous Tuesday (Q2).
I don't see any relevant higher time frame gaps that the price can encounter until the True Month Open so my current target is that.
In my opinionES1! will get to the True Month Open first and will liquidate it, at the same time NQ1! will get to a 90 minutes gap at AM session (Q3) and won't liquidate the True Month Open and we'll get a bearish SMT
On both of the True Month Open there is a gap from previous Monday in 6h chart.
The bullish movement that we had this week is supported by SMT between
ES1!, NQ1! and YM1! and 6h gap from previous Tuesday (Q2).I don't see any relevant higher time frame gaps that the price can encounter until the True Month Open so my current target is that.
In my opinion
ES1! will get to the True Month Open first and will liquidate it, at the same time NQ1! will get to a 90 minutes gap at AM session (Q3) and won't liquidate the True Month Open and we'll get a bearish SMTملاحظة
CME:NQ1 indeed went lower as CME:ES1 took True Month Open and created SMT for the next week
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.