Jonas99

MNQ1! 12471: 1st target 12250. then 12000, 11600 w 3 mth Horizon

Short
CME_MINI:MNQ1!   MICRO E-MINI NASDAQ-100 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
Positioning for retracement starting in early Jan then into Feb. Could happen sooner but the 6th sense is that some forces out there want to keep the market up UNTIL.

Momentum and divergence both point to a correction trajectory. Delayed capital gain selling and IPO gains will likely see additional selling pressure.

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