NQ - 1 Hour / Monday
Updated
We are closely observing the Year-End Losers in NQ for the Potential
Fuel for any retracements - the Year-End Winner remain under pressure.
The Likes of CERN are not going to turn the NQ, it is however a Chart worth
observing, pure Mania.
Expanding Breadth will be difficult until Wednesday, If probable at all.
On balance, selling is letting up on those equities which have already taken
50 to 60% Price Declines.
The Low to Low Extension and Full Draw have similar PO's for NQ.
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We'll see how far they press their Luck as NQ is being kept in check @ Micro
Resistance while having POs down to 14450s.
Another Day or two of this selling and MArgin Calls quickly come into the Trade.
Fuel for any retracements - the Year-End Winner remain under pressure.
The Likes of CERN are not going to turn the NQ, it is however a Chart worth
observing, pure Mania.
Expanding Breadth will be difficult until Wednesday, If probable at all.
On balance, selling is letting up on those equities which have already taken
50 to 60% Price Declines.
The Low to Low Extension and Full Draw have similar PO's for NQ.
_________________________________________________________________
We'll see how far they press their Luck as NQ is being kept in check @ Micro
Resistance while having POs down to 14450s.
Another Day or two of this selling and MArgin Calls quickly come into the Trade.
Comment
15288 Opens for NQ
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