NQ weekly: previous week high swept, wait for the close.

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NQ weekly: previous week high swept, wait for the close.E-mini Nasdaq-100 FuturesCME_MINI:NQ1!AlphaTraderRyan New month, and the weekly chart is setting up something worth waiting for. 1. The sweep This week ran the previous week high at 31,088 and got rejected back below it. Buyside above the old high has been taken. 2. The close decides the path If this week closes below 31,088, it prints a weekly C2: swept the prior high and rejected. 3. C3 into the weekly FVG A C2 close opens a C3 next week. Underneath, a weekly fair value gap is forming between 29,990 and 30,352. It confirms on the weekly close as long as this week's low holds above 29,990. The most likely delivery next week is a drop into that gap first. 4. Run the all-time high From the gap, I'm looking for a bounce and a run at the all-time high at 31,397.75, taking buyside at 31,270 along the way. Alternate path If the week closes at or near 31,088, the sweep loses its teeth. In that case the all-time high can print first, and the weekly FVG becomes a retracement target after. Levels All-time high (buyside): 31,397.75 Buyside liquidity: 31,270 Previous week high: 31,088 Weekly FVG: 29,990 to 30,352 Plan No prediction until the weekly candle closes. Let the close tell you which path is in play, then look for lower timeframe confirmation inside the gap before acting. Not financial advice. Manage your own risk.