Daily QQQ (US100-NQ) Outlook - Prediction (21 NOV)
📊 Market Sentiment
Market sentiment is bearish right now, in my opinion. The FED is expected not to cut rates in December, and the uncertainty around when rate cuts may resume in 2026 is adding pressure. After yesterday’s intraday crash, overall market anxiety has increased significantly.
📈 Technical Analysis
Price tapped the monthly FVG level around 588.5, which holds significant liquidity. In my view, this zone may set up the foundation for a potential Friday bounce.
📌 Game Plan – Prediction
I expect two possible scenarios:
Scenario 1 (Black Line):
Price may consolidate and range between 597–588, creating choppy intraday price action.
Scenario 2 (Red Line):
Price may retrace toward 578.5, then recover and move back above the 588 level.
💬 For detailed insights and broader market context, please check my Substack link in profile.
⚠️ For educational purposes only. This is not financial advice.
📊 Market Sentiment
Market sentiment is bearish right now, in my opinion. The FED is expected not to cut rates in December, and the uncertainty around when rate cuts may resume in 2026 is adding pressure. After yesterday’s intraday crash, overall market anxiety has increased significantly.
📈 Technical Analysis
Price tapped the monthly FVG level around 588.5, which holds significant liquidity. In my view, this zone may set up the foundation for a potential Friday bounce.
📌 Game Plan – Prediction
I expect two possible scenarios:
Scenario 1 (Black Line):
Price may consolidate and range between 597–588, creating choppy intraday price action.
Scenario 2 (Red Line):
Price may retrace toward 578.5, then recover and move back above the 588 level.
💬 For detailed insights and broader market context, please check my Substack link in profile.
⚠️ For educational purposes only. This is not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Publicaciones relacionadas
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.