NQ1! 1HR TIMEFRAME 10/2-10/3
Link to chart: tradingview.com/chart/5XGqlTVf/?symbol=CME_MINI:NQ1!
Sideways action staying above the blue trendline created from a few weeks ago of hitting a recent support level.
There are major news events to end the week and with rumors of a GOVT shutdown, I am expecting a huge squeeze towards end of the week.
My area of watch is 14850s to 14820s.
BULLS: Maintain over 14850, a possible move to 15200s.
BEARS: Break and retest 14850, a possible move to 14650-14700s.
Sideways action staying above the blue trendline created from a few weeks ago of hitting a recent support level.
There are major news events to end the week and with rumors of a GOVT shutdown, I am expecting a huge squeeze towards end of the week.
My area of watch is 14850s to 14820s.
BULLS: Maintain over 14850, a possible move to 15200s.
BEARS: Break and retest 14850, a possible move to 14650-14700s.
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