NQ - PermaBull looking for Shorts

22 Mar

NQ - Sat here for a good portion of the London session and observed price without pushing the button. I watched NQ return at the daily open/settlement price. The 580 level on NWOG has remained significant throughout the week. Reflecting on the week, particularly yesterday, it brings to mind ICT weekly profiles. S&D bearish scenario: Thursday breaks the high, with Friday continuing to push lower. Notably, Tuesday marked the low of the week. Conversely, there's a Classic Bullish weekly profile where Thursday sets a new high, followed by Friday pushing lower to close the week. With that said, these bears :bear: signals may not be entirely reliable. The market closed yesterday with the higher timeframes still indicating a bullish sentiment. It's easy to get fixated on the possibility of a major dump on Friday #TGIF, but the recently closed 3-hour candle doesn't scream bearish. We may continue to push UP, way UP.