๐$NQ - Trading Plan 7/9
๐บ What's happening? (the context) ๐บ Monthly/Weekly one time framing higher - Daily Balance
NQ was a bit of a snoozer today but there were a few opportunities both on the short and long side to catch some rotations if you were patient. Value ended inside yesterdayโs value and we also have an inside day.
Overall the context hasnโt changed much aside from giving us an inside day. Buyers still have the same hurdle above to retake, and sellers still need to break us away from this upper balance to apply any pressure on longs. We have a clean distribution here marked on the chart in YELLOW. As long as we are within this distribution I would expect more of the same chop. Break away from this area could lead to a trend. I want to operate on the edges of this distribution and be very patient in the middle.
Inside day
We are trading at todayโs POC/Halfback
Currently trading at 22912
Here are my critical zones and how I plan to use them: