SEC teams beating each other is not a referendum on the sec. If anything it shows it's a tougher conference than the others bc they beat the other conferences then lose to each other bc it's a tougher conference.
Hardest scenario is if they just sell this directly. So extended tough to want to sell the hole but will just stick to the 30 min OR strategy we use if that's the case.
Base case for this week on nq is we see a bit of mean reversion Monday from hourly and 4h bullish divergences. I will be looking to sell this once the mean reversion is complete. Daily close above 30,500 would change my bias.
Markets are fractal. NQ closed the week 24 points below the .78 retracement from September to low to ATH. And 17.5 points below the .5 retracement from July low to ATH.