MNQ INTRADAY - COULD WE SEE PRICE AT 23,450 AGAIN

At the time of this Idea - Before the Opening Bell on Monday 11th August 2025,
MNQU2025 appears to be respecting the Premium-High it finds itself in.
This could mean that price may MOVE OUT of a buyside-program where higher highs are achieved, as buyside liquidity is sought, and into a sell-side program where discount areas of interest are engaged and a descent in price occurs.
Could we see
MNQU2025 reach down towards 23,450 during this trading session, or will tomorrow's pending core inflation figures cause today's price action to stall in anticipation of the release of the reports?
Also look out for U.S. trade tariff related developments that may pull up any surprises.
Profitable trading guys!
This could mean that price may MOVE OUT of a buyside-program where higher highs are achieved, as buyside liquidity is sought, and into a sell-side program where discount areas of interest are engaged and a descent in price occurs.
Could we see
Also look out for U.S. trade tariff related developments that may pull up any surprises.
Profitable trading guys!
Trade active
Before the Opening Bell on Tuesday 12th August 2025, MNQ is still respecting the Premium High territory of the multi-day Dealing Range (1.0DR - 0.75DR). As mentioned in yesterday's publication, trading saw price stall somewhat untill mid-day, probably due to the Market waiting for key figures on inflation to come in today. From mid-day onwards as expected we saw bearish moves towards the lower boundary of the Premium-High quadrant (we were right in calling for a Short).
However, this bearish impulse is not enough to confirm that MNQ has now moved into a sell-side program where discount areas of interest are to be engaged.
Today I am still looking for price to attack the 23,450 area within the Premium-Low quadrant (0.75DR - 0.5DR).
Lets remember that Core Inflation numbers are due in within the next 30 minutes, this along with a tweet from DJT may upset this anaysis for the worse ;-)
Profitable trading guys!
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Trading Smarter with Confidence - No Guesswork!
Analysis that decodes market structure and highlights key levels, for A+ Setups.
Telegram Community: t.me/esqcapital
LIKE 👍 + FOLLOW ✅ + SHARE 🙌 + COMMENT ✍
Analysis that decodes market structure and highlights key levels, for A+ Setups.
Telegram Community: t.me/esqcapital
LIKE 👍 + FOLLOW ✅ + SHARE 🙌 + COMMENT ✍
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.