StrategicTrading

The Nasdaq Futures are in a tightening pattern.

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Prices are tightening just below the top of the 4-hour channel in the Nasdaq Futures.

RSI is making lower highs.

We are likely to see a decision here fairly soon.
Comment:
Prices broke the tightening structure as expected, and moved to the target in the middle of the channel. +320 point gain on a short from entry to the middle of the channel.

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