NQ Update 10/19

CME_MINI:NQ1!180

E-mini Nasdaq-100 FuturesCME

Description

⋅ Oct 19, 2020 3:55 PM

Looks like MFI needs to go oversold before we get the next pop up....

ES chart looks the same.

Comment

⋅ Oct 19, 2020 7:25 PM

Everyhing points to a gap down and reversal tomorrow when this gets oversold

Chart Patterns Technical Indicators NQ SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) ES QQQ

Comments

Itsallsotiresome

⋅ Oct 19, 2020 9:46 PM

That's what I am counting on. A big gamma bounce after backtesting the breakout area below. According to the volume profile, NQ is finally reaching a place where there are buyers waiting.