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cerealtrades
Feb 20, 2022 11:57 PM

setting new lows in indices (nq1!) Short

E-mini Nasdaq-100 FuturesCME

Description

if we fail some area below gap close and trend lower we could find ourselves under 13800 soon as the ukraine border crisis plays out.
we are trending under vwma 18, hl2 offset 8 and qqe signals strategy is short. rsi looks like it will need to bullishly diverge further.

Comment

we closed gap and moved up next level up is 14113

Comment

with momentum the way it is i wouldnt be surprised so see 14217

Comment

gotta stay above 14045

Comment

maybe 14177

Comment

as long as we respect this moving average its bullish

you dont want to see a downturn in that average

Comment

breaking 14141.4 would be bullish

Comment

this looks like its completing bullishly

Trade closed manually

I would close short here
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