Search in ideas for "nq"
NQ! - E-mini Futures - What to expect on the 4hr. NASDAQNQ is clearly gaining levels and is probably going to test previous level it lost (7802), if so thats when you would look to get short, not long a breakout. Chart shows where previous lost lvl was the signal of trend reversal and what to expect next. Not financial advice, trade safe.
NQ - New leg up after bull flag NQ has strong momentum as small caps ( IWM ). In area 7100 - 7200 there are strong bullish volume. ADX comes from very low readings about 10 with strong momentum so its usually sign of new strong trend is developing in background. Price breakout previous wide trading range 6400 - 7030
NQ - Nasdaq reached the balance!NQ has reached the balance, the Centerline.
From here the odds are very high that the market will turn south for a hike to the L-MLH.
Remember bevor you initiate trades: I wrote "ODDS"...not "it WILL".
And when we play with odds, they can flip around however they like to, because the odds don't care about the fork or our opinion.
Applied to the Chart analysis it means, that price could jump above the centerrline and even close above, bevor breaking down again or shoot up to the U-MLH!
P!