Stacked Shelves
Micro E-mini Nasdaq-100 Index Futures CME_MINI:MNQ1!
Asia 00.15 sweep > reject > reclaim.
London 03.00 sweep > reject > reclaim.
Bullish posture NOT necessarily bullish outcome.
Two Compression Engines:
1. 29455
a. ON absorption
b. ON shelf defense
c. ON strong reclaim
d. ON compression
2. 29531.75
*a - d ibid.
Asia sweep low bar and London sweep low bar:
1. Structural twins
2. Asia = lower engine room
3. London = upper engine room
Both shelves store energy.
Both shelves defend.
Both shelves compress.
More analysis to come. Please check back.
ON = overnight
