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The_Unwind
Sep 18, 2018 10:04 AM

7500 Important Resistance Nasdaq 100 Futures 

E-mini Nasdaq-100 Futures (Dec 2018)CME

Description

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.

Comment

9/18 10am

7500 STOP Short was hit ,
on a very strong buying right at the OPEN.

THE_UNWIND
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