Watch this triangle to break one way or the other. Im still looking for lower into tomorrow
We have a very strong resistance that the market is incredibly respected and we also have a showcase area that the market is likely to reach today.
Nasdaq has moved down from the resistance zone by the Head and Shoulders pattern. In the past week, Nasdaq was able to break the support line and is currently trying to complete its pullback. I expect the Nasdaq to go down to the🎯targets🎯 I specified on the chart. Nasdaq 100 Analyze, (NQ1!USD), Timeframe 4H⏰. Do not forget to put Stop loss for your positions...
NQ same as the ES is bull flagging, ideally we see 11140 or a bit lower and then another push up
I am buying NQ with BOTH HANDS here. 2nd October 2022 is exactly 314 days from the November 2021 high. Im calling the low.
Im going to exit remaining of my MNQ short at 11060-70 zone (if it gets there) Also started ES longs and 366 SPY calls Have a great weekend
Im long here NQ and ES, tight stop though. Needs above 11275, the target is 11380-90 by 6am or so. If we see this move before the PCE numbers, I will exit longs and go short. What if it will be a repeat of what happened last time PCE number was out. Tomorrow should move the price above the last several days range, its also a directional change day and it could...
It reached very strong demand areas and it is very strong support points that can bounce back from it and in case we see a strong break to the zone we will get good momentum
I have added some MNQ short on this spike, stop at 255 and started Oct 21st puts again Done for today, watching the close and 3636-39SPX
NASDAQ is currently at a major support. What I'm noticing is that it is almost identical price action as happened in June. Nasdaq had a major bounce on 6/15 which was followed by a heavy sell day on 6/16 (very much like today). However it was immediately reversed the following day on 6/17. The breakdown on 6/16 ended up being a big bear trap which ended up...
Interesting, latest NQ update disappeared from my page, reposting again This is getting more interesting, watching this possible pathway! Will short at the resistance line for higher right shoulder
This is getting more interesting, watching this possible pathway! Will short at the resistance line for higher right shoulder
Here are the levels of importance for NQ on the downside: - 11060 - 10656-500 - 10300 - 9990 The last 2 numbers are the main target zone now I want one more push tomorrow. Since it's not only weekly, but monthly and (very important) quarterly closing this Fri. Last 2 quarter ends both resulted in selling last 2 days, something to pay attention to. So a...
So here is NQ at the same stop as the ES, must hold here, then tomorrow's low should be a higher low and then we breakout into Oct 3rd high with the window dressing rally (those become rare this year)
I think we may have a bigger correction before reaching its top. I think we would have its top near midterm election.
Watch this bear flag to break and we see 11165-35 very quick. Main support is at 11234, breaking that will flush quick I have the price down to even 11050-60 level. Very important to hold here. My thinking is we sell off into the open and move up after Powell speech tomorrow am Today's action off the low could be another trap for the perma bulls to call it the...
In this update we review the recent price action in the emini Nasdaq futures contract and identify the next high probability trade locations and price objectives to target