norok

Spike Alert Nasdaq

Long
norok Wizard Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Nasdaq Index Futures NQ1! gave an alert via my Spike Alert indicator this morning. Price breifly broke the range on the open only to close back inside. This sets up a long in the middle of the wider consolidation going on back to the last All Time High in November. Holding this spike should retest the top of the range. Failing (hitting the stop) will likely mean a test of the bottom of the range.
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