NQ! - E-mini Futures - What to expect on the 4hr. NASDAQ
Updated
NQ is clearly gaining levels and is probably going to test previous level it lost (7802), if so thats when you would look to get short, not long a breakout. Chart shows where previous lost lvl was the signal of trend reversal and what to expect next. Not financial advice, trade safe.
Note
If this closes below middle green line we got confirmation of level breakdown. Watch for the close and then the pull back to enter, looking bearish but this is an Index and in my opinion can't be trusted, lol. Full disclosure : I trade indices the least of ass financial vehicles.Note
Closed below swing high. That's all i need to know this thing is swinging downward.Note
Got the confirmation of down swing, and it is now looking to break the previous swing low.Note
Classic loss of levels and failures to gain on each one of the levels marked. Again, classic price action. Learn this.
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