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bsdvs23
Jan 23, 2023 3:14 AM

NQ Downside Potential - Watch the High Betas Short

E-mini Nasdaq-100 FuturesCME

Description

The index is sitting in an equilibrium area with some overhead supply sentiment above.

There is a good chance of the price action breaking back below the 50 day moving average with a potential of breaking down to that 11,400 area and into the Yellow Box range.

Keep your head on a swivel with the Yields and any market rotation.
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