"Nasdaq100 SELL; Get ready ...! Target: 10,000."; UPDATE - 2hr.
Up close and personal - the 2 hr. chart. (You should be Long here!)
Important: See the attached - original - charts!
Important: See the attached - original - charts!
Note
On any length of time, this looks like it's working on Lower Highs and Lower Lows... Then a plunge??...Keep continue making stupid money, scalping this!!
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Additional facts of life - in case one is getting bored making all the dough off of this :-)1) Copper has the highest correlation to the Nasdaq, in history;
2) Copper moves 2x as fast as the Nasdaq;
3) Managed (stupid) money is currently 81% Net Long Copper;
4) Copper is your biggest and best SHORT on this side of the XXI Century!
See the 2, earlier posts; "Gold/Copper" & "Copper SHORT"
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Note
Gold/Copper - Weekly:
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Also, one may wish to take solace from this post...
... that this thing - Nasdaq - is ultimately working it's way lower.
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This is about to hit major support - duh...... so be careful!
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This looks like just a Stop Hunt, don't be short down here!... buy it up.
Order cancelled
This is the up to date (current) post...
... for quite a while now! Please, refer to it.
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.================= September 28, 2020 ----------------------------------------->
Weekly ACTIVE POST
Weekly Market Focus 09-28: S&P500, WTI Crude, OJ, EUR, AUD, JPY
Order cancelled
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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.