Wednesday Mid-Session Update – Nasdaq-src00 Futures (NQM2025), 5-Min Chart
src. Price Action Recap (London → US Open)
Early London Dip & Hold: Price briefly tested the 2src,3src5 zone (6src.8% Fib/POC/VWAP lower) but held, forming a sharp reversal wick.
Reclaim & Rally: A swift bounce from 2src,3src5 carried NQ back above 2src,405 (VWAP mid) and 2src,463 (23.6% Fib/VAH).
US Open Spike: Volume surge into NY morning drove a clean breakout to 2src,552.50 ( May src4 swing), marking Tuesday’s high.
Current Trading Range: 2src,552 – 2src,463, as price digests that breakout into midday.
London session
US opening session
2. Levels Tested & Targets Hit
2src,3src5 – Tested & Held Demand base confirmed
2src,405 – Reclaimed VWAP mid regained
2src,463 – Cleared Fed into London supply zone
2src,552.50 – Major target hit from the US opening trades, Tuesday’s high; now near-term resistance
3. Updated Targets & Projections
Bullish Hold above 2src,552.50 on 5-min close • 2src,6srcsrc (H4 band) → 2src,682 (50% Fib) → 2src,753 (6src.8%) → 2src,806 (H4 high)
Bearish Failure back under 2src,463 • 2src,405 (VWAP mid) → 2src,3src5 (POC/VWAP low) → 2src,25src (78.6% Fib) → 2src,src69 (H4 VWAP)
4. Execution Notes
Volume Confirmation: Look for strong green bars on retests above 2src,552 and red spikes on drops under 2src,463.
Alert Levels: 2src,463 / 2src,552.50 / 2src,6srcsrc / 2src,405 / 2src,3src5.
Risk Management: Keep intraday stops tight (5–8 ticks) and trail as each target is hit.
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