SviCapital

NQ1!, Potential Wedge Breakdown.

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Today, the price advanced to retest the resistance and the first test attracted responsive sellers. One can see from the chart that negative divergence increased the odds. The price broke the trend line but ended up at the support. At this point we need to see a follow through and break of the support if not then the market is going to enter a consolidation phase between those two inflection points.

10/7/2019
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