Resistance has been broken and NASDAQ looks like it can rise to 12750
+3 Inverted candle +2 Candle Trading Strategy Quality 5 / 10
Contract - CME_MINI:NQZ2020 - High - 11839.75 - Low - 11774.25 Current Stats - Gap: = N/A - Session Open ATR: 301.24 - Volume: 44k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12090 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting....
LOL, I'm not sure any of this actually had to do with the elections, NQ was the only index future that wasn;t overbought so they pumped the crap out of it. Meanwhile RTY is down. I don;t think I've ever seen a >5% differential between 2 indices on open....
The model gave us a great trade and now we can manage this position with nothing to lose. #qqq
Chart is self explanatory. also look at our previous ideas on Nasdaq here
Trade your plan , this is just my opinion
Elliott + Fibonacci + Price Action tell you everything. everything! May you be saved.
+1 Volume profile +1 High time frame (1H ~) +2 Inverted candle +2 Chart Pattern (1H) Strategy Quality 6 / 10
Contract - CME_MINI:NQZ2020 - High - 11345.25 - Low - 11244.25 Current Stats - Gap: =0.14% - Session Open ATR: 302.44 - Volume: 138k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12090 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...
a very valuable data point has emerged with the most recent pivot on the nasdaq. it looks like it could have up until February to consolidate before what i think will be the parabolic blow off top to conclude the second tech bubble. if we follow the blueprint of the dot com bubble that was laid out previously; it will be huge, it will be epic, and it will never be...
based on previous calculations and based on historical theory i can conclude that that steve jobs will in fact invent the fPPhone, so he can hammer us all with his THor rod form Nivadialiar
Contract - CME_MINI:NQZ2020 - High - 11097.00 - Low - 11065.00 Current Stats - Gap: N/A - Session Open ATR: 268.50 - Volume: 21k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 11600 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do...