$NQ Staying Bearish
Updated
With 
NQ1! , the prevailing sentiment appears to favor a bearish outlook. To witness a breakout to the upside, NQ1! would have to surpass the critical threshold of $15,232. However, it's worth noting that this level has already proven resistant to a breakout attempt, strengthening the case for a bearish perspective.
NQ1! , the prevailing sentiment appears to favor a bearish outlook. To witness a breakout to the upside, NQ1! would have to surpass the critical threshold of $15,232. However, it's worth noting that this level has already proven resistant to a breakout attempt, strengthening the case for a bearish perspective.Note
The trend does appear quite immaculate at the moment! It's always a good feeling when things seem to align in the market. Now, taking a closer look, we can see some interesting developments. The Accelerator Oscillator is currently trending downwards, indicating a potential shift in momentum. Additionally, the Awesome Oscillator is also on a downward trajectory, even though it hasn't crossed below the zero line just yet. It's a promising start, suggesting that there might be a change in the wind.
As we know, the market can be full of surprises, so keep a close eye on these oscillators as they may offer valuable insights into the evolving situation. Happy trading, and may your decisions be as immaculate as the trend you've observed!
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.