NQ1! - Nasdaq Futures MICRO E-MINI NASDAQ-100 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:MNQ1! forker The yellow channel is still valid. The chart from yesterday produced a good long trade. And if you where very observant, you also cached the move to the downside, down to the up-sloping (grey) MLH. The "offer" from the market in this 1H chart to go long at the L-MLH looks promising. My gut tells another story. Look, we are in the middle of all the big up-swings. This is not where I like to risk my money. I like to trade at the edges. What does a trader do now? Stay on the sidelines in this market, observe and learn.