Bullish Pennant on NQ

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Bullish Pennant on NQE-mini Nasdaq-100 FuturesCME_MINI:NQ1!MaiTaiMikeNQ has rejected below 27,202 rotated back up towards 30,000 in 4 sessions and has been consolidating for the last 6 sessions. It has failed to gain acceptance above 29,865 for any of those sessions. It has wicked above but closed at or below. It continues to make higher lows. Pressure on both sides has been building however for the downside failure to create lower lows opens the potential for the continuation up once acceptance above 29,900-30,000.