NQ Analysis 3/18/26E-mini Nasdaq-100 Futures (Jun 2026)CME_MINI:NQM2026EthicalxTrader**My NQ notes from recent higher timeframe price action (Daily perspective)** * NQ is currently trading around **24,650**, sitting near the lower end of its recent range after a sharp selloff and failed bounce attempts. * The market continues to print **lower highs**, confirming a **clear short-term downtrend structure** on the daily timeframe. * The **25,050–25,210 region is acting as heavy resistance**, where multiple rejection wicks have formed, showing consistent seller control. * Price recently swept the **24,212 liquidity low**, followed by a reactive bounce — but that bounce has **failed to reclaim key structure levels**, which is bearish. * Volume expanded significantly on the downside, suggesting **institutional distribution rather than simple profit taking**. Overall structure remains **bearish unless key resistance is reclaimed**. **Levels I’ve been tracking** * **25,621**: Key breakout level * **25,384**: Higher resistance * **25,210 – 25,117**: Major resistance band * **25,056 – 24,995**: Immediate resistance zone * **24,624 – 24,565**: Immediate support zone * **24,486**: Key support pivot * **24,212**: Major liquidity level * **24,050 (approx)**: Potential extension if breakdown continues **Volume and behavior notes** * The repeated rejection in the **25,050–25,210 zone** shows strong seller control at resistance. * The failed bounce after sweeping **24,212** suggests buyers are not yet strong enough to shift structure. * Volume expansion on the downside indicates **distribution rather than passive selling**. * Continued acceptance below **25,000** keeps the market in a weak position structurally. * A break below **24,486 → 24,212** would likely trigger further downside expansion. **Overall read from my notes** NQ remains in a **clear bearish structure**, with repeated failures to reclaim resistance and continued pressure near the lows. If sellers continue to defend the **25,050–25,210 region**, the market is likely to **retest and potentially break below 24,212**, opening the door for further downside. However, if buyers can **reclaim 25,210 with strength**, this could trigger a **short-covering bounce toward 25,384–25,621** into the upcoming session. **Quick note on AI usage since it comes up from time to time** All of the technical analysis itself is done manually by me. Every trendline, every level, every pattern structure, and every interpretation of price action is drawn and noted by hand from the charts. What I use my AI models for is strictly a formatting and consolidation layer. Over the past couple of years I’ve trained and refined my own models so they can take my raw notes from multiple timeframes and organize them into a cleaner, more readable summary. These aren’t generic prompts or auto-generated opinions, and they follow the same logic and playbook I already apply manually. The analysis is mine. The charting work is mine. The decision-making is mine. AI simply helps present the information consistently so it’s easier to read and reference quickly. Humans make the decisions, AI helps with presentation, not the other way around.