NQ Target: New All-Time HighE-mini Nasdaq-100 FuturesCME_MINI:NQ1!norbix01 NQ Target: New All-Time High Reasons: A–B: NQ made a strong momentum move higher. B–C: After the momentum move, a complex multi-leg pullback developed, which retraced to the previous resistance level. That resistance then turned into support. D: A strong momentum move higher came directly from this support level. E: Volatility contraction developed, providing further confirmation that price is likely to continue higher toward a new all-time high. Today: We are seeing the breakout from this contraction, which supports the bullish continuation toward an all-time high.