NASDAQ E-MINI - waiting for next breakout now.

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
42 3 3
Clear consolidation for the US100 right now on the 4hr.
I have been short since 4531 last night looking at my first target being that strong support 4491 area.

Strange decline for NASDAQ today as DOW mad impressive gains and SPX             SPY             not far off.

I've placed many trades so far as a new trader but not so many on futures like this Not sure what drives this market against the other big US markets so I am unaware of why those moves didn't push NQ_f higher.. I just look at the charts.

If someone would like to explain that would be kind of you.
very good
+1 Reply
Onions davidkavanamix
Thanks David. Not sure if you have seen it but in the follow up chart I posted, I explain that I took profit shortly after. I got giddy at my +P/L I let emotion get me and I convinced myself it would bounce back. Had to take a moment. I am just glad it played out How I was expecting. And the main thing is I learnt from this. Thanks for commenting it means a lot you took the time to look.. Especially from 9 days ago. Have a good weekend dude!
I watch a lot of graphics and your my captivated . I know we're on rang but I was looking for the break . For the future , I'm on the same measures :)

+1 Reply
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