After DXY's golden cross, we expected the market to either go sideways or be bullish. NQ is essentially right near where it opened on Monday.
Friday's tend to be a 60%-70% pullback of Thursday's move. With that in mind, I'm expecting Friday to grab liquidity above Monday's high ($14,956) and then retrace back to $14,740.
Thesis: When an asset hits a golden cross it usually makes a correction (1 wk or 2) before it continues to go higher. With this in mind....
I'm expecting DXY to rally to 105.882 and grab liquidity there. IF this happend, then we should see a pullback and consolidation at lower prices. In a bullish case, NQ would go lower at the beginning of the week to it's 4...