May. 5 at 9:57 PM
$NQ has already pushed to a higher high while
$ES is still catching up ā that divergence matters. Tech is leading again, but that also means itāll likely be first to roll if things change.
From a structure standpoint,
$NQ looks pretty complete up here. Doesnāt mean it has to top now, but risk is no longer at the lows ā itās up here.
Iām watching
$ES as the anchor. If S&P keeps grinding higher,
$NQ probably holds. But if
$NQ starts losing micro support while
$ES lags, thatās usually how sharper downside moves begin.
Game plan is simple:
Hold above support ā trend still intact
Lose it ā momentum likely flips fast
No need to predict the top ā just respect where we are in the move.šIf this helps, tap @LiveCommander