NQ Overnight 4/16 session about to openE-mini Nasdaq-100 Futures (Jun 2026)CME_MINI:NQM2026EthicalxTrader**NQ — E-mini Nasdaq-100 Futures (Jun 2026)** **Daily Chart Breakdown** *Wednesday 4/15 – Overnight 4/16 session about to open* --- ### 🔍 Macro / Volatility Note • NQ continues to show **strong follow-through after fully absorbing the weekend Iran / U.S. talks headline volatility**. • What initially started as a news-driven gap-down has now transitioned into a **full trend reversal and momentum continuation move**. • This is exactly what we want to see after high-volatility headline events — fast reclaim followed by sustained buying. • Going into the 4/16 overnight session, NQ is now pressing directly into the major upper resistance zone. --- ### 🔍 Key Observations • NQ is currently trading around **26,365.50**. • Price has now reclaimed all major levels below: **24,624.75 → 24,867.00 → 25,220.75 → 25,621.25 → 26,183.00** • Today’s candle is a **strong bullish continuation candle** with price pushing into the upper supply band. • The descending bright blue trendline has now been decisively broken and price is holding well above it. • Momentum remains strongly in favor of buyers. --- ### 📊 Key Levels to Watch **Immediate Resistance** • **26,377.50** → immediate resistance • **26,505.75** → key breakout level • **26,605.00** → major resistance • **26,754.75** → prior high / major target **Support Below** • **26,183.00** → immediate support • **25,954.75** → key support • **25,621.25** → stronger support • **25,384.50** → must-hold support • **25,220.75** → major demand zone --- ### ✅ Trading Plan #### Bullish Scenario Trigger: Hold above **26,183** and break **26,377** Targets: • PT1: **26,505.75** • PT2: **26,605.00** • PT3: **26,754.75** Stop Loss: • **Below 25,954.75** --- #### Bearish Scenario Trigger: Reject **26,377–26,505** and lose **26,183** Targets: • PT1: **25,954.75** • PT2: **25,621.25** • PT3: **25,384.50** Stop Loss: • **Above 26,505.75** --- ### 📈 Volume & Trend Notes • Volume remains elevated and confirms strong institutional participation in the move. • The most important technical note is that this is no longer a simple bounce. • NQ is now firmly back in **bullish continuation structure**. • Pullbacks into **26,183–25,955** should be watched as potential continuation zones. --- ### 🧠 Summary NQ remains **strongly bullish into the 4/16 overnight session**. The market has fully moved past the weekend geopolitical volatility and buyers remain firmly in control. As long as **26,183** holds, the higher probability path remains continuation toward: **26,505 → 26,605 → 26,754**.