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HK_L61
Oct 23, 2021 9:19 PM

NQ - 15Min 8/9 Failure / Monday - Wednesday +++ VX 

CME_MINI:NQ1!15
E-mini Nasdaq-100 FuturesCME

Description

⋅
Not quite, the close was 15341, and although the .764
was violated and it did make a Lower Low
then the previous Session...

UnderTows, much like Under-Tows can be used as
Over-Throws are repeatedly.

The Week ahead for EPS is extraordinarily Important.

These will be the Companies that will have the greatest
impact among those reporting.

Monday - FB @ after close

Tuesday - GOOG / MSFT @ after close

Thursday - AAPL / AMZN / SHOP

_________________________________________________________


FB / GOOG / MSFT / AMZN / AAPL

All of these have a troublesome look to their Chart Structures
and Patterns.

FB & GOOG have the largest relative weakness. SNAP tool Social
Media and Online Advert down, FB / GOOG took a downturn.

FB spent Months attempting to break 300, it has Support there
as well, 323/324. Observing Implied VX ahead of EPS, we will
be SOH on FB into EPS.

GOOG - Chopping - Support 2300 - IF it Gaps down.

AMZN - SELLERs remain on a retracement, 3550 Calls should not Pay.
friday's weakness... the trendline failed - it struggle desperately to
cross it only to see it crushed Friday.

MSFT - Range-Bound at Highs

AAPL - Holding 50 SMA

___________________________________________________________

This weak will wreck many Traders, the ALGOs enjoy a good thumping
during EPS.

Caution and Patience are warranted in the Extreme.

Price swings and VX will pick up as we move through the Week.

Wednesday may well serve to be a Pivot.


Enjoy the balance of the weekend everyone.
Trend AnalysisTechnical IndicatorsFundamental AnalysisNQNASDAQ 100 CFDnasdaqnasdaq100
Comments
AlkalineFX
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Great stuff, keep sharing.
HK_L61
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@AlkalineFX, TY AFX
graphbullS
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Not so reliable
HK_L61
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@graphbullS, The explanation above explains why I chose this methodology.

Typically, High to HIgh si the Extension Draw, 8/9 dipped in, but with a heavy
week ahead...

Anything can and will occur.

Prosperous trading to you.
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