2025.08.24 how i'm seeing it for (M)NQ

🌟 Welcome!

📸 The Big Picture

After monday's dump, the week was a bit of a pain, if i'm being frank...spent time consolidating-ish...the price action was ugly as sin. Seems they were waiting for jerry to speak on Friday.

That morning, they ripped right through the single prints they created on the way down earlier in the week after jerry's chat at 10am, and continued to flag up to another single print area, and breaking (but currently rejecting) 2/3 sigma low from 2 weeks ago.

They appear to be attempting to build value at this junction. definitely flaggy if there ever was a flag. Will it hold?

Currently, they're consolidating but slightly downward, no biggie. Will they gap up to start the week? or will they gap down back towards the 432 neighborhood?

i placed a "hold above and good" line around wednesday or so, post-dump. They never made it back there..they explored lower (and bounced eventually off of the prior week's lows)...but it happens to correspond closely to last week's 3 sigma high. so certainly if they make it and hold above, then we have an opportunity to continue back up to more all time highs. now we have a 3 sigma hi on the board, i'll take my estimate off the chart.

if we gap up, keep your eye on some upside, as there is a poor-ish high above that's somewhat magnetic, and it's also a good time to test the 3 sigma high of july (as we're still stuck inside july's value area)

If we continue lower this week (my bull/bear pivot is 23373.5, which is july’s VAH and happens to also be the most recent 3d balance’s 2 sigma high), we could still explore down to July's Value area low (depending on how they get there i may be in for some calls there) and there are certainly many un-revisited weekly POCs that offer some nice magnetic targets, as well as bouncy-scalp levels to enjoy.

Anything can happen, our job is not to predict, but be ready at key areas with an idea in mind, ready to catch a wave.

My $MNQ_F ( 0.0% ) chart for the week, will be updating throughout the week.

📰 News

GDP (thurs) and PCE (fri) are some news events that could get them moving a little bit for us one way or another, even into those days in anticipation. We'll see.

Here’s to patience, learning, and profits!