Vinchenz

Vinchenz

Cheapest Price we have seen in a long time for the SQQQ. Time to take the rose colored glasses off and the NQ & QQQ to Retrace Lower with the SQQQ to Rise.

Vinchenz

Things about to change. We have a Bearish FVG above to signal the end of this past NQ Rally. The shorts have gotten roasted for the last 3 weeks while the Bulls have been buying things up from the lower FVG in just 3 weeks.

Vinchenz

IMO This Just Can't Continue Much Longer. Now that the Big Shorts have been toasted,(Michael Blurry - 40% ) Price will move lower again.

Vinchenz

ES is trying to get through the 50% CE Level of its Daily FVG. With CPI coming next week on top of the last 2 weeks of Bullish Price action and consecutive highs, this is looking like a good turnaround level for the Bears IMO.

Vinchenz

The NQ has rallied from its Weekly FVG level 2 weeks ago up to its Daily FVG level here and is approaching the 50% CE Level here at 15495 with a big number at 15500 next to it. Good spot for a reverse here back down.