MNQ Daily Bearish ABC Still in Delivery ModeMicro E-mini Nasdaq-100 Index FuturesCME_MINI_DL:MNQ1!SmellyTazMNQ1! still looks like a clean daily bearish ABC to me. The structure is simple: A formed after the sharp November flush, B printed into the late-January rebound, and price has been delivering lower from that B leg ever since. What matters now is that the market is no longer trading like it wants to repair upside inefficiency — it’s trading like it wants deeper repricing. Price is already pressing lower into the path of the projected C objective, and the current draw remains the lower target box around the 21.6k–22.5k region. That zone is where this sequence starts to approach meaningful HTF reaction territory. As long as MNQ1! stays below the B-leg failure area and continues accepting lower, I’m treating rallies as weak repricing rather than real bullish intent. For me, this is not a “call the bottom” environment. It’s a sequence-delivery environment. If this ABC remains valid, the job is straightforward: follow the downside draw until price reaches the C objective, then reassess reaction quality inside the zone. Not financial advice.