I felt compelled to share this as we are starting to enter a previous 2022 resistance level. It looks like we have the bulls to move up higher before we hit this bears territory. Nonetheless, we will stay patient to let the charts and price action determine how we will execute.
I am using ES as a confluence/indicator for when I trade NQ, as they ride along each other. I do not have any certain direction that the market will take to post as I normally do, but just watching the levels listed on my chart and price action to show me what trades I should take the day of.
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.