October 29 — NQ Raid The Highs, Then Lower.

I'm bearish today, but the highs come first. The path is a run into the overnight high / 1H equal highs and the 4H wickless candle around 29,800, then lower through the 10/28 and 10/27 lows toward the London low / overnight low / previous day low from 10/27. Price is sitting inside a Daily BISI, so the short has to prove itself.

BEARISHNQ FuturesOctober 29, 2026 · Pre-MarketHighs FirstSMT vs ESDraw: 10/27 Lows

The Read In 30 Seconds

Daily

Price sitting inside the Daily BISI

Wickless candle above, SMT vs ES at the highs

Run the overnight high / 1H EQH from 10/29 first

The draw

London low / overnight low / previous day low from 10/27

Trigger

The reaction after the highs are swept, not before

Respect

The Daily BISI. A short inside it is A- at best

1D1D — Price Sitting In The Daily BISI1 / 3

NQ 1D — 1D — Price Sitting In The Daily BISI

On the Daily, price is sitting inside the Daily BISI, with SMT against ES at the lows below. That BISI is the one thing standing in the way of lower prices, so any short today has to prove itself through it.

4H4H — Wickless Candle Above, SMT At The Highs2 / 3

NQ 4H — 4H — Wickless Candle Above, SMT At The Highs

On the 4H, there is a wickless candle above around 29,800 and SMT against ES at the highs. The wickless candle is the level I want price to reach first.

1H1H — Run The Overnight High, Then Lower3 / 3

NQ 1H — 1H — Run The Overnight High, Then Lower

The path: a run up through the London high into the overnight high / 1H equal highs from 10/29 and the wickless candle. From there, I want lower prices through the midnight open, the London and overnight lows, the 1H lows from 10/28 and 10/27, down to the London low / overnight low / previous day low from 10/27.

The One Thing To Respect

Price is sitting inside a Daily BISI. A short against a higher time frame array can't be A+, so today any short off the highs is A- at best, and it has to show me the reaction first.

Direction being obvious is never the same as an entry being available. No sweep of the highs, no short.

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