Pennywick

NQ1! - Double Diamond - NFP Eve

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Larger 2 Hour Pennant formed by Twin Diamonds over the course of the week. Diamond #1, fueled by the ADP miss, proved to be a continuation of the uptrend. Diamonds serve as both continuation and reversal patterns. NAS with support at the 2 hour 50 SMA and Resistance at the 2 hour MBB.
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