HK_L61

NQ - How Measure the Micro / Intra-Day Trading / 101 Basics

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NYSE Closing Price to Highs provides the Price Objective on Extension.

Simple Exercise to do yourself for Intra-Day Swings.

When the Initial Price Objective was exceeded @ 441.

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Redraw using the CLOSE from the Highs.

To the Tick.

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Indicies may "appear" sloppy and sloshy - they run to the POs time and
again.

The same applies to Negative Retracements.

Negative .382 holds.... I buy again, after closing SELL. It breaks, the 50%
better hold or its Back to the -.618 @ Minimum.

No need to ask, Draw them up.

When Markets are Trading in Clear Techincal Patterns - and they are
-extreme in Techincal Patterns as we have noted repeatedly.

The ATM opens wide as Stops are run every which way.
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