$NQ #NQ #Elliott Wave #trading setup
NQ-mini futures produced a clean (a) up, (b) down, (c) up structure into the 50% retracement fib:
NQ makes the fifth consecutive higher high on Daily. If it opens like that on Thursday it will make it extremely overbought on Daily timeframe.
If I zoom-in to a micro tick bar chart I get a complete looking micro structure of the second leg up in a subwave (c):
The first support / magnet for a pullback is 15,258.