Eye For Longs wiith Caution
Tuesday's candle closed above prior day high, as well as reaching weekly high
4hr market structure is still bullish but after rally price failed to close above 4hr swing high
4hr Fixed Volume profile shows the POC is at the highs on the 4hr price attempted to move away from POC in a bullish fashion but could be a weak move due to the failed closure
I want to see what develops over night to get a clearer picture
but i do see a potential area for longs at 20,097.00 or 20,060.00
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
4hr market structure is still bullish but after rally price failed to close above 4hr swing high
4hr Fixed Volume profile shows the POC is at the highs on the 4hr price attempted to move away from POC in a bullish fashion but could be a weak move due to the failed closure
I want to see what develops over night to get a clearer picture
but i do see a potential area for longs at 20,097.00 or 20,060.00
Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
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