**NQ Notes from Recent High Frame Price Action 5/26-5/27**E-mini Nasdaq-100 Futures (Jun 2026)CME_MINI:NQM2026EthicalxTrader**NQ Notes from Recent High Frame Price Action 5/26-5/27** * NQ has now fully reclaimed the recent consolidation range and pushed back above the critical: * **29,565** * **29,687** * And **29,988** resistance zones. * The inverse head and shoulders continuation structure discussed previously has now largely played out to the upside. * Buyers continue maintaining very strong momentum overall as price begins entering psychological breakout territory above: * **30,000** * The broader higher timeframe trend remains extremely bullish while the market continues respecting the larger rising channel structure. * The next major focus for bulls is continuation toward: * **30,118** * Then potentially: * **30,200+** Overall structure currently resembles strong momentum continuation and breakout expansion after resolving the prior consolidation range higher. **Levels I’ve been tracking** * **30,200+**: Larger measured move target zone * **30,118.75**: Current higher timeframe breakout target * **30,054.75**: Near-term resistance * **29,988**: First support * **29,811.75**: Near-term support * **29,687.75**: Major support pivot * **29,676.25**: Gap/support region * **29,565.50**: Key higher timeframe support * **29,554**: Lower support zone * **29,424**: Major support * **29,241.75**: Critical downside pivot **Volume and behavior notes** * Momentum has clearly shifted back strongly in favor of the bulls after the successful reclaim of the prior consolidation range. * The aggressive recovery from the prior pullback confirms buyers are still highly active on dips. * Price is now beginning to trade in more extended territory short term, which means: * Continuation higher remains possible * But volatility and pullbacks can become sharper at these levels * Current price action continues resembling: * Breakout continuation * Momentum expansion * Trend acceleration above prior highs * The inverse head and shoulders continuation structure has now largely confirmed to the upside. * Buyers continue maintaining control while reclaimed breakout shelves continue holding firmly underneath price. * Holding above **29,565 → 29,424** keeps the broader bullish continuation structure intact. * A confirmed push through **30,055 → 30,118** likely opens continuation toward: * **30,200+** * Potentially larger momentum expansion if buyers remain aggressive **Overall read from my notes** NQ continues showing extremely strong higher timeframe momentum after successfully reclaiming the entire recent consolidation range. The inverse head and shoulders continuation structure has now largely confirmed, and bulls remain firmly in control while: * **29,565** and especially * **29,424** continue holding. The market is now transitioning into psychological breakout territory above: * **30,000** which could lead to: * Faster expansion moves * Increased volatility * Stronger momentum continuation if buyers remain aggressive overnight.