peterjames_6

NQ Levels - CGG Newsletter 07/31-08/04

Long
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Upside
15897 → 15980 → 16063 → 16142

Downside
15709 → 15583 → 15484 → 15484

NQ is in a bullish channel on the daily, and retraced about 60% of its last move when it made last week's low.

A breakout to the upside can fill the daily FVGs above:

Current FVG filled at 15991.25

Next FVG filled at 16142

Measured Move sends us to 16483.25.

All Time High 16767

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