


AlessandroGiust
PremiumNasdaq Bearish after the failure in continuation through Previous Weekly High and the rejection afterwards. Setting the Target to 21,471.00 Swing Low and using 21,716.00 as Low Easy Hanging Fruit (LEHF) objective that We may even reach today despite the small range day expectation (pre-CPI)
Looking for speed to show up next week and expand higher to reach out 22, 672.00 breaching trough the D SIBI after a potential Mon-Tue LOW. I don't really wants to see price gyration around the D +OB on Monday and Tuesday even if pre-CPI. Better it would be to see a opening gap higher and a retrace into the gap to form the Low of the week Mon-Tue and then...
Nasdaq (and indexes) are expected to rally with speed after FED release and perform towards the target 22,250.00. We're going to allow for potential wicks lower on FED release though.
Notice Monthly Candle distribution phase prior to the closure. Today might remain still and whips recent swings highs and lows as a reaction from the D +orderblock Next week is likely to decline and open the monthly range with an accumulation inside the W BISI and THEN continue higher throughout the rest of the month and reach 22,672.00
Nasdaq Market Maker Sell Model Unfolded D BISI is next
NASDAQ D Bias Change to Bearish. New Targets: D Wick CE: 21,400.75 and the D BISI if further
Looking for Price to retrace as far as the H1 OB (max 21,440.00 to remain bullish), to potentially provide a reaction and continue his grind higher or at least return back to 50% of today range.
While the Indexes maitain a Bullish perspective on Weekly right now, I would not dare to anticipate next week "Flavour" but rather wait for The New Week Opening and if necessary till FOMC Minutes on Wednesday. I would like to see immediate rejection from where price it's right now (allowing it to reach the IFVG starting at 20,690.00) to maintain a bullish bias...
Expecting a Daily slowliness a.k.a. HRLR (ICT Concepts) due to the Bonds decorrelation which is bearish. Once Bonds has reached Sell Side Liquidity Target, acceleration will be seen on Indexes higher. Meanwhile "give and take" is expected on a Daily and 4h basis.
Bullish Indexes Target on Weekly perspective. Expecting Nasdaq to breach trough the W IFVG and reach 22,5588.00 within the next few weeks. Expecting S&P500 to use the W IFVG as "Support" and reach 6,235.00