📝$NQ - Trading Plan 7/15

🗺 What's happening? (the context) 🗺 Monthly/Weekly one time framing higher - Daily Balance

CPI tomorrow 8:30AM EST: NQ gave us an outside up day today. After pulling back to our pivot after the open, sellers vanished below Friday’s low. From there we auctioned nearly 200 pts up to the upper pivot before stalling out and balancing to end the day, closing above Friday’s high. Buyers continue to find value on pullbacks and it has been astonishing watching the market shake off any hint of bad news. Now we will see if the pajama traders have the same idea and can gap us above this current major balance we are in and try to make a run at new highs. This week kicks off earnings and we have a lot of data coming the rest of the week. There is a higher timeframe trade I’m monitoring in ES which is outlined in that plan and will outline below what I would expect from NQ if it plays out.. This market continues to reward the patient and those that stay away from bias and just trade it level to level.

• Trading at Friday’s high and just below the pivot

• The outside up day needs to keep the party going above today’s high

Currently trading at 23008

Here are my critical zones and how I plan to use them: