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NASDAQ 100 E-mini Futures
Short

NQ: The mysterious 1.32 factor and the 2020 crash

By torquio
Updated
The market behaviour of NQ is creating an equivalency to the 2020 decline divided by a factor of 1.32. If this is indeed the case then we should have topped today and are heading to 11k.
Note
It is playing out as expected. I think first target should be 12200
Note
12,200 target hit
Trade closed: target reached
an 8% returnn in 3 days.
Chart PatternsHarmonic PatternsNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESnq100nq_fTrend Analysis
torquio
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