AmpedTrading

NQ Bull Flag into Demand

Long
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NQ - Daily - 14350

This is supply and demand to the tee on the NQ daily. You can see 4 days of resistance before price gapped up 580 points before pulling back. We are now retesting this area. After a demand that large, we are bound to see some sort of interest in buying within this area (theoretically).

If we are to bounce on NQ, this is likely the area we'd bounce. Either for a small relief bounce, or a large one. Keep an eye out here tomorrow.

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