HammondB3

Nasdaq Futures in a falling channel

Short
HammondB3 Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Here we begin the week at the top of a channel, which means it is the best place to go short. Having the channel there tells us quickly the short is incorrect should king price breaks higher - shorts fold. I like trades that are either correct or get right out, but I never like to feel jumpy leaving a trade early (the questioning the exit is the worst part). A channel makes this easier, it either stays in the channel or it doesn't.

Featured are the upcoming releases Measured Move and AutoDraw Trendlines. - Several new features!!
Trade active:
Take a bit off! Leave a bit on! This is going well.
Trade active:
s3.tradingview.com/s...shots/i/i7jPdd2j.png ... now trailing tight after target hits.
Trade closed: target reached

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.