NQ drops yesterday with strong momentum showing sellers now stepping in. the overall BIAS still up, but currently, we are expecting to consolidate sideways on this lows and create decision of the market. initial attempt is to take the 2nd bounce on the liquidity lows pushing the market to go higher. Still bias to the pressure to teh downside taking consideration...
GM Capital - April 10, 2023 NASDAQ
This chart is for nasdaq futures. It shows the movement of the price in respect with the institutional traders and investors. there are marking showing the order blocks and killer blocks as reference to analyze the next movement of the price.
Trend Analysis Feb 13, 2023
Market price move away from the consolidated zone which show weakness to the upside. Moving on, the sideways movement showing buyers still there and potential to move higher but overall projection will be to the downside. Expect spring to the upside bounce prior short.
Overall price is moving to its completion of the larger VP. The market is on its ATH and we are working on expectation using FIbs @ 1.61 extension. Means, whether the market pull back on its initial wave 1-2 and PB is 50%, we can expect up to 100% extension. But since market is not showing any weakness and VP is not yet complete. 1.61% extension is the next...