NQ AKA QQQ AKA NAZ seems to be rolling over ATM
I mentioned going short recently, and if nothing else I am a super early warning machine. I warned about the correction in February 2020, starting in December
as an example... Then the Rally up in March.
Right now we appear to be rolling over, we might not be seeing new all times several times a day from here on out for a while.
The lavender lines indicate the way the markets move in expanding wedges, there is one that is darker from prior to this morning, and now the channel seems to be moving down.
It might not be today or tomorrow, or it might be, but apparently there are a lot of people buying CALLs, and the market makers like to hurt the maximum number of people they can.
as an example... Then the Rally up in March.
Right now we appear to be rolling over, we might not be seeing new all times several times a day from here on out for a while.
The lavender lines indicate the way the markets move in expanding wedges, there is one that is darker from prior to this morning, and now the channel seems to be moving down.
It might not be today or tomorrow, or it might be, but apparently there are a lot of people buying CALLs, and the market makers like to hurt the maximum number of people they can.
Comment:
Well as anyone can see this prediction has been working, in spite of Christmas Rallys
Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ