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ContraryTrader
May 9, 2023 2:26 AM

Nq 12,600 Short

E-mini Nasdaq-100 FuturesCME

Description

Trading in a minor wedge inside a megaphone..

Wedge resistance is around 13,390


Megaphone resistance is around 13,450

For us to reach maximum target of 12,600 we would have to break below rising wedge support around 13,100


If we bounce at 13,100 we could rally back up


Stop losses at 13,500
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