orimichaeli

DIFFERENT VIEW - 3 MONTHS CHART

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
In this 3 months chart things are looking little bit better for bulls.
First we have seen rejection at FIB 0.236 before bears push down.
The MA 18 is very important to watch as its acting as support for bulls and FIB 0.382 as well
if it doesn't hold, its going to be a disaster for bulls.
Does it just a healthy correction or beginning of a crash dotcom bubble style? ...

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