#202615 - priceactiontds - weekly update - nasdaq e-mini futures

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#202615 - priceactiontds - weekly update - nasdaq e-mini futuresMicro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!priceactiontdsGood Evening and I hope you are well. comment: Read dax. Pullback is imminent. Only question is, how deep? Depends on oil prices. current market cycle: trading range key levels for next week: 23000 - 27000 bull case: Overdone, overbought, max complacency into opex. Invalidation is below 26500 bear case: Won’t repeat everything I wrote for dax. Will most likely trade only oil next week but I think this can go down as fast as it went up. Just imagine the US bombing again… Markets are not priced for anything remotely resembling risk. Invalidation is above 26900 short term: Full bear mode. Tight stop but I don’t care if I’m wrong again. The r:r is on the short side. 50% pullback is 24900. Buckle up. medium-long term - Update from 2026-04-05: Bear trend target 20000 if the war continues. Lowest I can see it going, if we get a deep recession, is 18000 - 19000. W3 could take us to 20000-21000 next. Big bois will begin scaling in around 20000, you can bet the house on it but you shouldn’t. If things turn real bad, this could go on for many months, maybe until US mid-terms.