NDX Buy and Sells Swings
Updated
Attached is the current chart I will be using to make trades on the NDX:
Low Risk:
When the NDX reaches the magenta line, sell. NDX will continue to the orange and reject at or back within the channel.
After rejecting, NDX will form a bull trap on the way down that rejects for confirmation at the magenta line.
Buy puts and hold to desired target.
Buy calls after a bounce from the green line.
High Risk:
Hold bullish position all the way to the orange line.
Buy bearish position at the orange and hold all the way to the green.
Buy bullish position as soon as a green touch occurs.
Low Risk:
When the NDX reaches the magenta line, sell. NDX will continue to the orange and reject at or back within the channel.
After rejecting, NDX will form a bull trap on the way down that rejects for confirmation at the magenta line.
Buy puts and hold to desired target.
Buy calls after a bounce from the green line.
High Risk:
Hold bullish position all the way to the orange line.
Buy bearish position at the orange and hold all the way to the green.
Buy bullish position as soon as a green touch occurs.
Note
We closed at 9/2 at 12,146. Tomorrow 9/3 is the top at 12,446.Happy trading. TA is God tier
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.