Those that followed my short call on Nasdaq from last week should be sitting on good profits upon closing the trade today. Prepare to re-short once the price retests the green line support that it broke through.
Maintaining my short view on Nasdaq. Short-term moving average (red) is consolidating under neath the longer-term moving average (yellow). Expecting a bounce to the downside today. Recommend using stops around ~7100 level. Before these bounces may get a false candle breakouts for a final retest of the moving averages.
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NASDAQ, after previous analisis. Continuation or reversal ?
Here are the days trades that BigPOW generated for multi day swing trades, actually ES triggered yesterday. GC long FEb 8 at 1320 NQ short Feb 8 6475 ES short Feb 7 2684 ZB short Feb 8 144'24 will keep updating as new trades hit and watch these trades. BigPOW is new adaptation of the Day trade Algo
looking for the NASDAQ to bounce higher as long as it gets through the .618 retracement of the last swing down. Im looking at that level as resistance and the 6281 level as support. On the fundamental side of the house, the ABC reporter (Ross) that caused the big drop has been suspended for making fake news against the President and the GOP actually agreed on...
All Trade Parameters shown on the chart.
All Trade Parameters shown on the chart. Short setup on 1h Supply. Daily Reversal Pattern forming with a powerful engulfing candle! Looks like we reached the High of the Year.
QQQ seems to be in an unstoppable ascending triangle, but will face some pressure here at the upper end of the triangle. I'm going to have to follow the trend here, Qs to the f*kn moon
Buy $NQ (Nasdaq 100) here. Target is close above 5600. Stop could be divided into two parts. 1st is below 5558. Hard stop is 5500. This is in the event something unexpected happens.