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)
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...
Here are the support levels to watch: - 11167-75 (My target for a while) - 11058.50 - 10656.50 Maj Resistance is at 12260, above and it will squeeze back to 14k imo But the pressure is still down, Oct should bring 10k zone imo. My plan for tomorrow is buy am lows Have a good night
A very correct and strong analysis, we achieved the conditions and came down strongly, and it is likely that the landing will continue to the target.
Its getting close, should hit next week. Its still not a place to be long imo, we are still in a rabbit hole SPX can see 3200 level next month! Powell damage control is here, dont get trapped if we go up into the close BTW here is a link from days ago, you know where the price is now
The points of resistance and support are in place superstitiously and are well respected and very strong broken and very strong sign that it is a strongly relegated path
I want to see a final move down after FOMC, maybe lasting into tomorrow and then up into the 26-27th high. On the other hand it can just blast of making a higher low to suck more bears in and stop the longs. Make your bets, today will be volatile. Main trend is still down. Im looking for a high on the 27th and sell hard into the EOM in Aug like move
Here is how NQ is different then the SPX just posted
The price rejected the test of the broken trendline - perfect kiss of the death pattern. My thoughts about a fakeout were too optimistic, I was looking to add to my NQ short at higher levels and it didnt present an opportunity. Main target for this move is 11175-85 and possibly much lower. Try not to day trade this, unless you're quick with taking profits and...
Check the broken to the downside trend channel re-test NQ is having now. So far its riding it from the bottom. I wont count out a fakeout move up to 12150-60 or even 12240-50 and then going back below the bottom of the trend channel. Support is at 11900 for tomorrow long try. If we see that level during the open time, I will be taking long for a 100+ points ride...
A strong ascent at the beginning of this day has risen to the strongest area of display or resistance and if broken it will continue to climb strongly
I have a main support at 11680-650, then 11500-480 There is also a 1.618 extension at 11736 Looking to cover at 680 zone and start going long The plan for today buy lows and hold for at least few days DO NOT GET TRAPPED Today!!! Dont short this whole today!
A very strong resistance that the market now faces and we refrain from touching it, and it also constitutes a turning point.
Crazy retracement, should comeback to place of origin since Thursday low Main target zone is at 12330-12260NQ Resistance is at 12555 and 12585-90 This should continue/fill the gap today. Its a directional change day today, if we go down all day, this can go much lower into the 15th low
Im short from here, stop just above today's highs Might close before the close or AHs, tomorrow might spike up higher for a fakeout and then start selling into the 16th low P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!