emehoke

nq strong move up w/ shallow correcting. overthinking? usually.

Long
CME_MINI:NQZ2021   E-mini Nasdaq-100 Futures (Dec 2021)
corrections on the move up are looking a little shallow, this isn't the ideal way to build a strong uptrend. By no means does this correction have to happen now, but this is something that gives me a little uncertainty. Most traders will just buy until proven wrong in this scenario and you will probably do just fine.
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.