KoosKanmar

$NG1! Nasdaq100 Futures. Time to be cautious.

CME_MINI_DL:NQ1!   NASDAQ 100 E-mini Futures
Big rejection bar at the 40 day SMMA.
Some big moves in US treasury bonds indicating higher inflation for longer.
You almost get the idea that bonds were lagging the market due to QE distortion.
It's only now catching up, and flashing warning signals all over the place.
Selling into streng for short positions seems like a better option for the time being.
Be nimble in this market and don't over expose yourself.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.