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tandroide
Sep 1, 2020 12:28 AM

NQ1! Nasdaq futures 28-08 (res & supp, Elliott) Long

E-mini Nasdaq-100 FuturesCME

Description

General:
movement is back, compare to 26-27 night and all 28
after failing to test a resistance, strong corrections happen but find near support
up movement seems to be accelerating

both 2 and 3 suggest nesting that could move to the upside tomorrow very fast.

Comment

we come from 3 days almost not moving from the 12000 zone, testing and retesting.
That level then probed support at (2) in 31-08 09:00

Comment

31-08 21:00
The 12130 - 12160 zone became resistance again
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