nasdaq is about to hit a bullish orderblock from August, 3. s&p already hit this orderblock 2 days ago to be sent higher. Now nasdaq could follow. watch out for impulsive support at the orderblock on the 5min / 1min chart. Target the buy side liquidity and the most recent high. Nasdaq will make a lower low into the order block while s&p will make a higher low because it already hit the order block forming a bullish smt divergence. I assume we will see a bullish week above the old equal highs + the low of the week likely to form tuesday.
- ICT based idea
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we will see what price does in the pm session. setup is still valid
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i expect it to turn between 15pm to 16pm
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the setup will be invalid if it does not give an entry at the news report at 8:30 NY time
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