I have gone a little bit crazy here.
I think NQ is ready for some correction based on the divergent activity seen in the RSI and the MACD in relativity to the price. This doesn't mean go short now, this means alter your bias to look for short setups.
Nasdaq recently ran high out of a line-break. That's the trade we love the most, no doubts there.
I find...
Nasdaq is ripping in the very volatile fashion you will come to love if you want to trade this instrument.
This is a clear pullback in a strong uptrend. How deep will the pullback go? God only knows.
But a break of a trendline gives us an idea where the market wants to go. We want to be quick to react.
Are we going to get fakeouts? We are. But, we are going...
