dryanhawley

Between R levels and S3 since November 1st

dryanhawley Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
They don't want to Pivots to really work like they should. I'm really "hoping" they start actually using The Pivots like they were meant to work. You know what they say about "hope" Trading... But OMG last time we actually reached S3 was November 10th. We got close on Friday I will admit. Irrational Bullishness.

Before that it was November 1st we saw an S3.
Comment:
I noticed that when I changed my time interval to 5 minutes we have seen S3 more often last night. As you can see when I published this ida I was using a 4 hour chart. Still thought all we did was slightly dip below S3 briefly.
Comment:
we could see R4 or even R5 by morning.
Comment:
we went up 40 points without a corrective wave, and now it looks like we are doing a corrective wave w/o any red candles, ie sideways.
Comment:
We reached R4 within minutes after i wrote this, there is a tiny bit of a struggle, we fell back a few points, I'm going to stay awake long enough to see if we breach it and continue higher.
Comment:
correction, one of my indicators put a red horizontal like that looked just like an R3, but it was not R3, we are attacking R3 not R4... yet.
Comment:
NQ sliced through R3 like butter, next target R4.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.