MNQ — Discretionary Analysis — August 13, 2026Micro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!Andrei_CMulti-timeframe structure (1D → 15M): MNQ is in a sharp V-shaped recovery off the July 30 low (27,200), up nearly 10% since. Every timeframe from 2H down to 15M confirms the same ceiling — 30,000-30,076 — already tested and rejected twice. Support is building in stages: 29,533 → 29,114 → the major 27,200-27,400 base. Macro context: Nasdaq 100 hit a one-month high on a megacap chipmaker rally, though futures slipped after Cisco's earnings disappointed. Tame CPI data supported stocks on August 11, but the tape stays choppy on Iran/Red Sea tensions. Fed funds futures price a 73% chance of a December hike — a hawkish backdrop against the AI-driven equity tailwind. Primary hypothesis — LONG: Entry: 29,830-29,880 SL: below 29,533 TP1: 30,076 / TP2: 31,101 (ATH) R:R to TP2: ~3.6:1 Invalidation: 1H/4H close below 29,533 Alternative hypothesis — SHORT (counter-trend): Entry: 29,950-30,050 SL: above 30,090 TP1: 29,533 / TP2: 29,114 R:R to TP2: ~5.6:1 Note: fades a confirmed resistance, but goes against the dominant trend — lower-probability setup What we're watching: a clean break above 30,076 confirms continuation toward the ATH; another rejection there re-opens the pullback scenario. This is an educational/analytical scenario, not investment advice.