Its hard to call the bottom call from last night, as I mentioned only my gut feeling of the low being in, as the markets were on the verge of breakdown. "Its really Do or Die territory. My gut feel is telling me we will hold it, but you dont trade based on any feeling..." I did take 40 points and run and didnt trade much this am, working on something exiting, hope...
So far so good since my last night update from the lows. Next stop is 12280 Above 12300 and we are off the races
Here is a zoomed out chart of the previous chart I just posted Its really Do or Die territory. My gut feel is telling me we will hold it, but you dont trade based on any feeling... P.S. Dont forget to like my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
Markets are testing the most important support levels, NQ here and the ES 3985-3900. So far if we hold here on the NQ, we should see a strong rally out of this levels, so it's must hold. Breaking below we should see 10500 imo P.S. Dont forget to like my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
NQ has to break 12075 to confirm the triangle and resistance breakout This is what I was worried about for the past several days, the price action is very weird, I dont see a good bullish setup but more potential of a breakdown
Last week, NQ ended the week down following 5 consecutive down days. Friday saw a bearish leg down and the price closed near the day's low. Monday saw a consolidation day as there was no US session and no real market moving news. So I am anticipating another leg down.
There is a very high likelihood that he will continue to land very strongly and all we have to do is see a break in the strong support area that he is trading right now.
NQ held the lows after the open and made a higher low on smaller timeframe - first target is 12200, then 12300 Main resistance is at 12320-30 now, needs above that resistance cluster visible on the chart. Ideally we at least hit 12700 and I would really want to see a higher high by mid month just to screw everyone out! A higher high and higher low on Fri makes...
This seems like another push lower on Monday. Very tricky staying short over the weekend, can explode on Tuesday, especially after SPX held its main support
We swept liquidty and respect OB, a bit like yesterday price action as ICT showed could be a potential long but i will not trade this one since it's friday
Want a move into the channel after the test, lets see if we can get there into the close
Updated chart Needs to hold the broken trend channel, ideally we re-test the broken down zone of 260, might not get as far if this is for real. Has to take 188-90 for the 260 become next main target New target to hold is 12030+- Very important to hold! I dont want to be in a crash mode, but no one expects it makes it more probable. So be careful! P.S. I like...
2 days straight, this is about to break, must hold and gap up from here, or we go down much lower into 12000-30 zone SPX closed not great as well, in the support cluster zone, tomorrow is a turning day, so can gap down and reverse into the 5th high. I have already mentioned a possibility of a crash move, have to be super careful!
Needs to continue here and I want to see 12700 on this move up, otherwise its going to break next time we test it!
ST Trade idea $NQ1! Break out to either direction, we do have ADP very soon... ENJOY! TJ
To confirm the failure of the pattern, use pullbacks or the failure of an important level to take a position CME_MINI:NQ1!
Got this again right when people were doubting last week of this happening with permabull calls! Im all out of short and long here, ideally we re-test 12650-700 and maybe even 13300+ Also long with lotto calls.
One more target to go, will be great to have it all next week to buy longs from there