Get started
UnknownUnicorn8681688

NASDAQ 100 Renko Chart

E-mini Nasdaq-100 Futures (Jun 2020) (CME_MINI:NQM2020)  
UnknownUnicorn8681688  
CME_MINI:NQM2020   E-mini Nasdaq-100 Futures (Jun 2020)
Trend Analysis renko renkochart renkoindicator
5
0
trendanalysis renko renkochart renkoindicator
This simple Renko chart on NQ100 is used to gauge next day sentiment prior to major announcements. I view it around 11 p.m., and if the Renko Bar changes color, that's a pretty good indication on how the market will open. Of course, this chart should be used in connection with other bias indicators to confirm direction. Simple is sometimes best!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.