MarkLangley

NQ topping ? asecending triangle

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Watching for a possible break lower in the NQ, WHY?
Ascending triangle (bearish)
MACD- Active divergence
Wavy Tunnel Oscillator (courtesy of Jody Samuels) hovering at the overbought level since March,
Opex Friday may be the catalyst.
I know the sentiment seems bullish and market-pushing but I follow the technical outlook

Mark Langley
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