Using measured moves it would be unsurprising for it to reverse back toward the median line when it hits 9500. 9150 is also a potential danger line using measured moves.
NQ has been moving mainly in impulse waves without consolidation. Even with the impending reversal zones it's hard to be anything but bullish on it. I have had good results using small stops and letting longs run as long as I can let them.
Not really looking for shorts on it over this next week, bullish intraday bias only.
NQ has been moving mainly in impulse waves without consolidation. Even with the impending reversal zones it's hard to be anything but bullish on it. I have had good results using small stops and letting longs run as long as I can let them.
Not really looking for shorts on it over this next week, bullish intraday bias only.