$NQ #trading setup #Elliott Wave
NQ has a similar wave count to that of ES-mini:
NQ-mini 120 min chart
NQ has hit the Green Demand zone:
NQ-mini 120 min chart
This is where it can complete a flat a-b-c down structure of a corrective wave (b) down/.
That is a decent long setup for bulls to start a new impulsive rally in a wave ( c ) up targeting 20,000.
#ES-mini #Elliott Wave #trading setup Yesterday we discussed two paths for this corrective consolidation: (1) Straightforward path (“one-n-done”): ES-mini 120
$ES #ES-mini #a-b-c up #corrective pullback After a sharp drop, the ES-mini found strong support in early April. Since then,
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