NQ - Weekly Downturn Objectives - Macro Comments

E-mini Nasdaq-100 FuturesCME

Description

⋅ Jan 27, 2022 11:57 PM

With Apple's Gains due to acting as its own Hedge Fund, the
Top Line is questionable.

There is ZERO Organic growth, 0.

The 10K will provide the Real study.

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NQ's Weekly Structure is severely weakened, if there is to be
a defense of the Equity complex will need to arrive in the
next few days.

If not, there is the potential for a far more serious decline.

Breaking 13700 again will open 13174.

It also implies LT 4/5 is now an IT 1-5/5.

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We see the spread on the MACD 12/26 has widened to a point
where it becomes dangerous as the Risks of a far larger correction
becomes a higher Probability.

There have been far too many failures and no signs of Selling letting
up.

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There are no easy answers here, there are levels to trade for entry.

That is all - until we see the Daily begin to assert itself.

Comments

mehd63

⋅ Jan 28, 2022 12:02 AM

good but your chart is busy

HK_L61

⋅ Jan 28, 2022 12:17 AM

@mehd63, My Apologies, there is limited space and on Andriod... it's probably unpleasant.

I'll attempt to work in on these Longer Terms Charts so it is more readable.

Thanks again for the reminder.