NASDAQ 100 E-mini Futures
Short
Updated

NQ-ES-YM Bearish Long Term Scenario Playing Out VERY BEARISH

104
I think of all the pension funds, all the mortgages, all the war, all the grief and sorrow and depression and inability to find work, there's a whole heap of a mess going on behind the scenes and i hope for the best but expect the worst, and this structure Last Months April Candle is Bearish, and it looks like this Month will be a test of the Distribution Zone and then further down side to the Original Consolidation just like 2008.
It makes a lot of sense to me from the standpoint of not really studying very much but being Intune with the Price Action Analysis, this is a repeating phenomenon in History, the Great Reset, the New Shiny Syndrome, and the classic human behavior to spend more than we have available, over extended and over leveraged individuals will not be readily risk verse,
This Revolving door of money will lead to a bloom of opportunities in a few years, although i see at least 6 months of capitulation to the down side incoming fairly quickly, and i can say this with certainty about one news article i saw recently: US sanctions any country buying Oil from IRAN. Prayers for all, Thank You Jesus, Gods Speed. Amen.
Trade active
I want to add some more about the Macro Perspective I have felt the need to discuss here. I think that we are on the verge of the capitulation an i think that there is going to be a news driver to start this capitulation towards covid lows. I also think that the Macro capitulation has to do with Crypto, the unwillingness of the US to allow Crypto to be used by terrorist around the world to avoid and virtually go undetected by US Federal Monetary Laws, thus bypassing all the U.S. stands for, and this has been known for a while they wouldnt let the terrorist go unscaved in a full fledged bull market. So regarding the Crypto analysis, theres also a great capitulation looming similar to the Covid Flash Crash which dropped price 60% in 30 days, i think that we could see a much larger draw down proportionate to 6months. and if the US Indicies are symmetrically moving then we will seea 6month Ression as well, not a Depression. But With that idea i hadnt really though time perspective wise, a ression would recover potentially within a year, a depression would take more than ten years. With the new government in place, which is in the development of being highly sophisticated, i do believe that U.S. can maintain Global Reserve Dominance by printing money, and pressuring Tarrifs on other nations while building relationships with foreign democracies.
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There is no way we will see all time highs from here, i see a Break and Retest in simple terms. I think wee will see a potential gap up over the weekend and then week ahead Monday High to Friday Low.
Also i might add, CME has made it so there can only be 7% move max down, why would this be? So it can be "Stabilized" on the way down to the abyss. thats the only reason i can think. Regulated yes, for them. While the general population who believes that stocks always go up, and have their retirement in it will likely not see a return either in their life time, or potentially 20 years later.
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Invalidation for this idea is 21,000
This is the OTE High 79% Retracement Level from High to Low.
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Premium, Discount drawn from high to low
OTE 61.8% and 79%
Daily Volume Imbalance aligning with 20,532
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Turtle Soup, BOOM, Done and Dusted.
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Short Nasdaq Idea for First Stage Distribution
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Down Town yo street in a Range Rover
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I think that Daily Volume Imbalance is significant, price could open here sunday at 20,527
and wick up to 20,534 and then start the decline. This Daily Volume Imbalance is no joke. this is such a well balanced price range on the 1hour theres no reason for price to hang out here for a very long time.
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This is how i get the Sunday opening by aligning Narrative& Bias

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