NASDAQ Reset: My Trade Plan For A Re-Entry LongMicro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!fxtraderanthonyNASDAQ-100 (MNQ1!) ๐ The macro narrative heading into this week is dominated by the massive collision between corporate earnings euphoria and macro policy uncertainty, as tech shares approach psychological thresholds ๐ฆ. Strong earnings and updated forward guidance from key semiconductor players have injected fresh life into the AI structural trade, temporarily overshadowing sticky inflation gauges and hawkish central bank rhetoric. Market chatter suggests that general online retail sentiment is leaning heavily toward expecting a structural bubble burst, creating a highly crowded contrarian positioning. This widespread community skepticism tells me that a deep run on short-term liquidity is likely to play out to trap late sellers before the structural buyers step back in to fuel the next leg up ๐ฐ. We are observing a textbook Wyckoffian pullback pattern following a rapid markup phase on the 15-minute structural timeframe ๐. The index recently ran up into heavy overhead supply near 30,222.25, forcing a minor distribution phase that has evolved into a neat descending parallel channel markdown. Retail consensus is calling for a deep collapse due to macroeconomic headwinds, but from an Auction Market Theory standpoint, this downward channel is simply a healthy discovery process looking for value. The aggressive bullish structure established from the lower weekly extremes remains entirely intact, and the current corrective drift is carving out a clean liquidity sweep toward major historical nodes before a bullish Break of Structure (BoS) can trigger ๐งน. Key Zone: The confluence of the structural volume profile shows a thick High Volume Node (HVN) and a previous point of balance between 29,874.00 and 29,935.50 ๐. This represents the primary value area where institutions are highly likely to re-evaluate and defend fair value. Currently, we are trading below the immediate local value area high but comfortably above the key structural support shelf at 29,625.50. The market is winding down within its corrective channel, purposefully dropping to sweep the stops of early breakout buyers who chased the highs. I am watching for the price to complete its markdown phase into the 29,850.00 liquidity pocket, seeking structural validation through a sharp rejection tail. If the market fails to find responsive buyers at this depth and slips cleanly below the 29,625.50 marker, we will promptly abandon the macro bull thesis for the week โ. My Trade Plan ๐ฏ Bias: Neutral-Bullish. I will remain patient and allow the descending channel to exhaust its momentum before looking for any execution. Entry Protocol: I am looking to buy only upon a confirmed bullish Break of Structure (BoS) and a subsequent successful retest of the broken channel or local range high near 29,935.50. The stop-loss will be placed strictly below the newly formed swing low, targeting a continuation back up to test the 30,160.25 level and eventually the psychological 30,250.00 region.