lubale58

lubale58

NQ need a retrace. Right now it has an opportunity. The bulls are so afraid of retest of Dec lows that they are pussing upside agains all chart and macro economic rools. The China deal trade news are priced in since long time ago and not a factor at all IMO.

lubale58

I published previusly a wolve wave idea, which is still valid and now I think that NQ do's a ABCD pattern that together with wolve wave wil bring it down

lubale58 Updated 

looks like wolve wave that already started descending course to ETA

lubale58

En liten conspiration theory how Nasdaq will move in next 2 steps

lubale58 Updated 

Marked id oversold, and in accordance to wolve wave calculations it will bounce to 6720 area. Of course there is always possibility of penetretion of lower support line and go lower espessially if some news will support it. Yet on monday we can expect a little bounce

lubale58 Updated 

I think nasdaq 100 e-mini has a good chance to boince up to 6900 level if it makes through nearest resistanse point because of a clear formation of wolve wave + double buttom.

lubale58 Updated 

the hogs are trading with larger than usual discount because of pigs huge weights, yet USDA not sink the mandatory prices too much because of good export volumes.