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holeyprofit
May 18, 2022 8:12 PM

Nasdaq long Long

NASDAQ 100 IndexNASDAQ

Description

We might be getting into the end of the 2022 drop. If we are there's some really strong moves coming and June/July will be insanely bullish.

I also think we're right on the point where the bull trend may fail and we might enter into a really strong down market. If longs around this level fail I'll probably be super bearish in the following swings.

This is the point of maximum RR for the bull side and this is where I am currently most active as bull. Big long positions taken through the intraday crash.
Comments
vychod
after 7 red weeks in a row, it should be a rebound posiible. But if we broke 11700 support level, then 1W MA200 will be next support.
Tradersweekly
@vychod, I think that the rebound has fizzled out already.
vychod
@Tradersweekly, it seems too very weak ...but we will see, thanks
Gixx1
i tottally agree ! good analysis bro
Faraz_kuchulu
Your sl is hited?
Tradersweekly
Thanks for sharing.
Faraz_kuchulu
Where is your sl???
holeyprofit
@Faraz_kuchulu, The red bit
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