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zijdenboseric

NQ1 MACD turning over and BTC signals broader risk correction

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
zijdenboseric  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis
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trendanalysis
Nasdaq enjoyed a short squeeze BTC never had but for general risk sentiment I wouldn't want to ignore this sudden -6.7% drop in BTC this am. MACD turning over has been a good indicator for medium term follow through price action. 1st Fibo retracement on NQ1 13112, more meaningful 38% retracement 12.722, or roughly a 1000 points correction from recent high
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