Nasdaq 100 Monthly Hitting Resistance. Bear move? Short

E-mini Nasdaq-100 FuturesCME

Description

⋅ Feb 24, 2020 6:22 PM

The NQ monthly time frame has hit the monthly up fib extension and the future resistance of the channel. If the market holds at resistance. There could be a +10,000 tick bearish movement.

Comments

jeffmlb91

⋅ Feb 25, 2020 1:35 PM

Thank you Joshua.
Looking forward to seeing this huge retracement.
Not omitting to mention that your analysis is always simple. Love it!