Daily QQQ (US100-NQ) Outlook - Prediction (21 NOV)

Daily QQQ (US100-NQ) Outlook - Prediction (21 NOV)

📊 Market Sentiment
Market sentiment is bearish right now, in my opinion. The FED is expected not to cut rates in December, and the uncertainty around when rate cuts may resume in 2026 is adding pressure. After yesterday’s intraday crash, overall market anxiety has increased significantly.

📈 Technical Analysis
Price tapped the monthly FVG level around 588.5, which holds significant liquidity. In my view, this zone may set up the foundation for a potential Friday bounce.

📌 Game Plan – Prediction
I expect two possible scenarios:

Scenario 1 (Black Line):
Price may consolidate and range between 597–588, creating choppy intraday price action.

Scenario 2 (Red Line):
Price may retrace toward 578.5, then recover and move back above the 588 level.

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⚠️ For educational purposes only. This is not financial advice.