Uh Oh! Forward contract minus current (NQ1!-NQ2!) for CME_MINI:NQ2! by MarlosClock — TradingView

Fundamental Analysis Beyond Technical Analysis NASDAQ 100 E-MINI FUTURES NQ2!

fundamental beyondta nq1! nq2!

There is a disturbing correlation here with the difference between contracts. It seems like capitulation is nearing. Could it possibly bullish for markets when it turns down again? Looks like NQ2!-NQ1! is about to.

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closer look

snapshot

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Note that the current position can be misleading until the candle closes on the line chart. In candle mode you see large wicks on both sides.

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but that sure looks like capitulation is coming

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Didn't take long to flip the other way! Curious where it lands after OPEX

snapshot

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