Last week, NQ swept the previous highs around 31,000–31,200 and closed as a strong bearish weekly candle (about -5.6%). That’s a turtle soup at the top of the range: buy-side liquidity got taken, and price rejected it immediately. Price is now trading below the 29,800–30,000 zone (the CE level).
US100 Weekly: Turtle Soup at the highs, targeting sell-side liqu
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October 17, 2026
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