The NASDAQ is 101 points away from an all-time high in the NASDAQ futures. The last trade below shows the offers lifting (see bottom squares) and the DELTA increasing on the yellow circles.
https://t.co/ltwD1h3Ztn
#OrderFlow $Emini $NASDAQ $NQ #nq_f#daytrading $es_f #VWAP
#ES_F
Daily Plan | February 26 📌
Friday’s session unfolded into a double distribution trend day to the downside, following an upside gap that lacked sustained follow-through. The upper distribution formed an excess high, while the highlighted lower distribution essentially traded within Thursday’s upper distribution—our immediate focus.
In the short term, as outlined in the Weekly Plan, I'll be closely monitoring whether buyers can reject Friday’s trend day, aiming to negate the excess high, or if sellers can break Friday’s low to end the daily one-time framing up, targeting a retest of Thursday’s breakout point.
Smashlevel: 5093