Range defined by Micro-5 24,015 and Micro-4 23,888. Mini-micro 23,872 is today’s floor—acceptance above 24,052 targets 24,068 → 24,131; a failure below 23,872 risks 23,799 → 23,680 → 23,594.
Overview (August 14, NY close-in view)
We’re finishing Thursday with price rotating inside a tight band framed by the MacroStructure pivots. Wednesday’s breakout through Micro-5 (24,015) stalled at the daily critical pivot 24,052, keeping the larger trend on pause. Through Asia/London and most of NY, price repeatedly tested Micro-4 (23,888) and Mini-micro-4 (23,958) while volume concentrated around VAH.
Nasdaq September Futures August 13 chart analysis
Intraday read and opportunities
- NY open: A rejection from 23,958 (Mini-micro-4) + VAH sent price down to Pivot 23,819 and Micro-3 23,799. Momentum flipped red/sub-zero—short per playbook (sell into Micro-5/4 failures).
- Rebound: Buyers stepped in at the VWAP lower band, turning momentum blue/green and driving a two-hour squeeze from Mini-micro-1 23,872 → Mini-micro-5 23,996—a textbook long from Micro-1/2.
- Ceiling confirmed: Another failure at 23,996/24,015 (confluent with Wednesday’s cap) set a sequence of lower highs, pulling price back to 23,872. This level now anchors the session.
Nasdaq September Futures August 14 chart analysis
What matters next (sessions ahead)
- Bullish pathway:
- Reclaim 24,015 and accept above 24,052 (15-min closes + hold).
- Targets: 24,068 first reference, then 24,131 (recent swing print).
- Bearish pathway:
- Lose 23,872 (and VWAP lower band) → test 23,819 and Micro-3 23,799.
- A break there opens 23,680, then 23,594 as deeper profile magnets.
- Likely Asian/London range: 23,888 – 24,015, unless/until 24,052 is accepted.
Why the micro and mini-micro lens helps
Drilling from the daily pivot (24,052) down to Micro and Mini-micro layers exposes where participation truly shifts—VAH/VWAP interactions, failure/reclaim signals, and momentum flips. That precision turns the MacroStructure playbook into a step-by-step map: buy Micro-1/2 pullbacks with confirmation; fade Micro-5/4 failures; don’t chase.
Key levels (cheat sheet)
- Breakout/validation: 24,052 (daily pivot)
- Ceiling zone: 23,996 – 24,015 (Mini-micro-5 / Micro-5)
- Range pivot: 23,888 (Micro-4)
- Session floor: 23,872 (Mini-micro-1)
- Supports below: 23,819 (Pivot) → 23,799 (Micro-3) → 23,680 → 23,594
- Upside references: 24,068 → 24,131
Bottom line
Until 24,052 is accepted, expect range trading between 24,015 and 23,888, with 23,872 the intraday decision point. Acceptance above 24,052 signals the next leg up; a failure below 23,872 puts 23,799/23,680 back in play.
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