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NASDAQ 100 E-mini Futures
Short
Updated

Chart Idea - Swing Short on NQ

140
NQ should retest 0.382 fib level (16966) in coming days/weeks.
Note
So far, this trade is still valid as it didn't close the daily candles above 50 or 20 EMAs. 20EMA is still under 50EMA which shows the bearish sign. IMO, market manipulators can still pump the market and shake out all the shorts, but my confirmations are still intact. Until, it breaks above 18500, 20EMA comes back and crosses above 50EMA, OR DXY breaks down 105.49 and closes below, we are bearish and going down.
Note
Above comment is also valid for SPY as well.
Trade closed: stop reached
smwajeeh
Chart PatternsTechnical IndicatorsNASDAQ 100 E-MINI FUTURESnqanalysisnqshortnqtradeshortsetupshorttradeTrend Analysis

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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.
Chart PatternsTechnical IndicatorsNASDAQ 100 E-MINI FUTURESnqanalysisnqshortnqtradeshortsetupshorttradeTrend Analysis
smwajeeh

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.