NQ 15m: Overnight Bounce Tests the 28,463–28,503 Bearish FVGE-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!CFlo17NQ made a strong reversal on Nov 4, sweeping down to 27,615.75 and settling at 28,646.75. The bigger trend is still down, with lower highs from the 31,600 area. On the 15m, price has made lower highs and lower lows since the 28,969 high. Tonight's drop broke the 28,474 swing low and hit 28,180, sweeping the 28,262 premarket lows. Price then bounced about 300 points and is now testing the bearish fair value gap at 28,463–28,503.50. Bull case: price holds the 28,331 higher low and accepts above 28,503.50. That opens 28,566.75, then 28,646.75–28,668.50. A 15m close below 28,331 invalidates it. Bear case: price rejects at the gap and loses 28,405. That opens 28,331, then about 28,263, then 28,180. A 15m close above 28,503.50 invalidates it. Below 28,180, the next area is the bullish gap at 27,956–28,036. Upper resistance is the 28,891–28,969 supply zone. This is my read of the chart, not financial advice.