ThrivingProject

Rising Wedge NQ1! Daily Chart Analysis

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
I must refrain from advocating that anyone take another trader's position, but I do think that this setup has an enormous amount of potential to trade profitably, for it is an obtrusive pattern on the daily chart. The key technical analysis is the rising wedge, which began forming in early March has reached its ending; lookout below! I suspect a breakdown, yet I won't call any prices, but it does appear that a revisit to March 23 levels is imminent.
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