I have rarely seen so many analysts on Tradingview turn bearish on NQ. Guess what... It is most likely a trap. The trendline is holding and so far the structure appears corrective - respecting the appropriate fibonacci retracements. This means there is a potential setup for a sharp move higher into 15,700 - 16,000 as long as the lows hold.
Amen brother…hedge fund managers want cheaper. Puts will be destroyed leading to expiry this Friday. Just watch…buying the fear.
torquio
⋅
@Chartguru1 a lot of individual stocks are displaying signs of bottoming... as long as the nq trendline holds I think we head higher... quite a bit higher