MES1! That 30 min money flow is coming into green in a super aggressive way. Very likely to go back to ATH tbh. Higher timeframes appear as though we are entering into a distribution phase, but we'll have to see how that plays out when actually getting back up there.
ES1! for some weird reason seems like we dont want to sell off with 6354.75 being taken xDES1! Need a clean break above 64.5 to continue higherES1! 6354.75 still intactES1! triangle forming to the downside on nq while also ranging on es hmmMES1! Retracement to 4 hour 50 SMA is extremely likely and almost complete. I don't think the selling is done, especially considering how low the volume is on this move up, but I won't be surprised to see an equal high or even new ATH either based on what I am seeing as of now. That scenario would make me expect the selling to be even stronger on the next go around for a lower low still targeting daily 50 SMA. I am not long or anything just chilling in short from highs and waiting for next short entry in MNQ really.
ES1! ES1! said earlier i would like the 6354 to hit the reason was because nq came down and swept some smaller lows while es held the range so i expected to see a sweep of buyside before the move downES1! 6354 incoming imoES1! I got out from short
