Important test on NQ 4h

CME_MINI:NQ1!240

E-mini Nasdaq-100 FuturesCME

Description

⋅ Oct 29, 2020 7:43 PM

Former shoulders resistance, S/R and lower median line. Bullish above, bearish below.

Trend Analysis

Comments

draliparsaa

⋅ Oct 30, 2020 2:15 PM

Usa election and stock stop increase
Bearish pattern

The_Real_AMF

⋅ Oct 29, 2020 8:59 PM

Nice chart, same thing occurring on ES, too. Not good

BaliShag

⋅ Oct 30, 2020 9:45 AM

@The_Real_AMF, Thanks. Well that depends on which way your' trading ;) But maybe it's not that "bad", let's see what happens with this possible trap/spring:

The_Real_AMF

⋅ Oct 30, 2020 2:31 PM

@BaliShag, Bad for longs, good for shorts!