NQ Weekly Recap-Projection 13.07.2025

NQ Weekly Recap + Outlook

1️⃣ Recap:

NQ made a new All-Time High, but the breakout ended up being a deviation. Price got rejected and started pulling back.
This signals potential weakness and suggests price may want to explore lower levels.

2️⃣ Bearish Scenario:

📍Target: Daily Swing low (Blue line)
📍Deeper target: Weekly Fair Value Gap (Purple zone)

I’ll look for LTF confirmations around these zones to position for potential longs.

3️⃣ Bullish Catalyst Watch:

There’s increasing speculation that Powell may resign this week.
If that happens, we could see:

✅ Strong bullish momentum
✅ Little to no retracement
✅ Immediate push into new ATHs

Weekly Plan Summary:

🔸 Scenario 1 - Pullback Continuation:
Look for reactive long setups at Daily Swing or W FFVG zone.

🔸 Scenario 2 - Powell Resignation:
Expect a breakout move with momentum — potentially no retrace.

Stay nimble. Trade what the chart confirms, not what the news promises.