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RealTima
Jun 13, 2022 7:49 PM

NQ hit my long term target of 11500-550, visual update 

E-mini Nasdaq-100 FuturesCME

Description

NQ is going after 3x of extension to 11180 zone, lots of support in 11000 zone as well. So stretch as the SPX.

Expect a huge bounce, should ideally hit 13500+ during the summer rally
Comments
snuiverink
Thanks for sharing. I was hoping we would get back to the same levels we had in March. I guess I am a bit too optimistic. The sentiment has been so negative the last months and I thought that should we really see a rally, so multiple weeks green days, that many people might get that euphoria feeling again and fear of missing out and thus pushing us higher then your target of 13500. Oh well wishful thinking probably. I am still holding on since last year feb 2021 :) Thanks for sharing.
RealTima
@snuiverink, You're very welcome! This market is indeed hard. My main outlook on the market is that we will erase all the gains from 2020. SPX could hit 2800 handle. So be prepared and hedge when we will have the summer rally. I dont expect a maj low to hit this year but the Q1 of the 2023. Check my SPX zoomed out update
sona_chandi
@RealTima, thanks tima wonderful guidance
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