Nikkei/USD FuturesShort
Japan NKD1!
I definitely don't trade this and only looked at it for 5 minutes, mainly because people are blaming Japan for our little flash crash. NKD1! demolished a handful of clear breakouts that needed backtesting and a major weekly trendline in order to get this thing some juice. Will it hold or is this just a short squeeze?
After all, they do need buyers and buyers don't buy much when they are panicking. They buy when they are euphorically bullish and there is a lot of room to the top.
Clearing $36,300 would be a step in the right direction. Until then I am on guard with all markets. The global instability is real and like it or not, Bidenomics fuckin sucks.
EDIT: you can disregrard the MACD and RSI, didn't know those were on there and frankly didn't look much at them although RSI bearish and that was a big fat false breakout of prior all time high.
After all, they do need buyers and buyers don't buy much when they are panicking. They buy when they are euphorically bullish and there is a lot of room to the top.
Clearing $36,300 would be a step in the right direction. Until then I am on guard with all markets. The global instability is real and like it or not, Bidenomics fuckin sucks.
EDIT: you can disregrard the MACD and RSI, didn't know those were on there and frankly didn't look much at them although RSI bearish and that was a big fat false breakout of prior all time high.
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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.