Nasdaq 100 Futures have held IMPORTANT SUPPORT
in 7420 area, and have rallied back sharply in overnight trading on 9/18,
setting up a potential "Bear Trap" on the chart.
7500 is very important resistance
A continued rally past 7500 could be very Bullish,
and could go a lot further than people think.
Use 7500, as a STOP SHORT and REVERSE LONG.
THE_UNWIND
Disclaimer: Investment ideas discussed are not meant to be trading recommendations.
in 7420 area, and have rallied back sharply in overnight trading on 9/18,
setting up a potential "Bear Trap" on the chart.
7500 is very important resistance
A continued rally past 7500 could be very Bullish,
and could go a lot further than people think.
Use 7500, as a STOP SHORT and REVERSE LONG.
THE_UNWIND
Disclaimer: Investment ideas discussed are not meant to be trading recommendations.
7500 STOP Short was hit ,
on a very strong buying right at the OPEN.
THE_UNWIND