It’s the same story as with MES: the critical turning point Golden Fib level of $20,026 has been closed above and a base currently forming. In this case, however, MNQ is just entering and testing daily supply above (a total of 4 combined supply zones in one, as denoted by the red dashed lines). However, it’s the same story here where we have an 85% chance of reaching the top of what I like to call the *Profit Zone*, which consists of the 76.4% and 88.7% Fib levels.
Something important to note that, just like with MES, MNQ’s 76.4% $20,870.25 level is where, a lot of times, price usually bounces back towards around the 61.8%, only to then move back up to reach the 88.7% level of $21,581.50 (remember, there’s an **85% chance** of this happening). What’s more, just like with MES, if/when we can close above the 88.7% level, we have the same **95% chance** of making all-time highs, especially after we get above this year’s supply zone!
In both cases, hold on tight as we may have some more turbulence going through the “clouds” of supply before reaching above those clouds to the clear skies of new highs, making for a smoother flight at a good bullish cruising altitude!
Something important to note that, just like with MES, MNQ’s 76.4% $20,870.25 level is where, a lot of times, price usually bounces back towards around the 61.8%, only to then move back up to reach the 88.7% level of $21,581.50 (remember, there’s an **85% chance** of this happening). What’s more, just like with MES, if/when we can close above the 88.7% level, we have the same **95% chance** of making all-time highs, especially after we get above this year’s supply zone!
In both cases, hold on tight as we may have some more turbulence going through the “clouds” of supply before reaching above those clouds to the clear skies of new highs, making for a smoother flight at a good bullish cruising altitude!
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。