Another bearish day!
Yesterday NQ closed very bearish and if today's Consumer Confidence data is bad, we should see another red candle.
Trade active
Consumer Confidence data came very red, very bad and NQ dropped as expected and reached a key level: Y2024 Close.
From this level, there is no much left to the downside until NVDA earning data tomorrow.
I expect NVDA data will be inline and we will see a nice retrace up.
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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.