This market is getting ready to move and we will be watching for a close above 4275 to get long. Stay tuned. Watch more details: youtu.be
A close above 2060 and we will be looking for buy triggers on a lower time frame. See our weekly outlook: youtu.be
In the middle of the channel. We will avoid for now and wait for a better setup. Watch more on our weekly update: youtu.be
The NQ is getting close to firing off a long trade. We want to see a break and close above 4275 before we establish a position. This goes on the watch list. Watch more on our Weekly Video Update: youtu.be
We are still waiting for the $NQ to find out zone around 4275. We like believe price will trade above it and if it does we will look for a trigger on a lower time frame to get involved to the upside. Patience will pay on this. Watch our video on this: youtu.be
$NQ never trigger and now may present a good opportunity. We are waiting for a close above 4275. Once this takes place we will look for trigger longs. HAPPY NEW YEAR!!!!!!!
V's are in for the season. As we said on the $ES chart...the $NQ is in full buy mode. We are looking at a test of the highs and then possibly the 4400 area. Keep it on your watch list.
NQ sits above long term channel resistance, and is likely to fall back into the channel this week given the pressure on NQ's weekly RSI, Stochastics and MACD which are rolling over from recent tops. High momentum names like Netflix (NFLX) and Tesla (TSLA) continue leading the topping process on NQ, anticipating the end of US QE in October. Visit goo.gl for...
Isn't it amazing that mediocre economic data can't make a market move but a crappy iwatch can turn the market on it's ear. That's what the markets have become. The SPY is trying to break but no clear break down yet. We will watch the ES1! during the globex session for possible entries. Though we are expecting a bounce before any break.
The more time we consolidate below the most recent highs the higher likely hood we continue to the down side. That being said there is alot of unrest over seas and that can have an effect on the markets so be nimble.
This is a nice move in the NQ1! If you weren't positioned short last week you most likely missed this move. We were not short and since all the indices are heavy we will aggressively be shorting any bounces. Part of being a successful trader is not being married to one side of the trade.