NASDAQ gathering Calls before its next drop
Updated
If you have not seem my original idea on this movement I suggests you take a peak here is a quick visual on the Bearish idea..
With the potential for a
DXY retest before possibly continuing to the upside. I would expect to see the very same inverse behavior in equities as well as forex.
Rejection of area seeking for downside target.
With the potential for a
DXY retest before possibly continuing to the upside. I would expect to see the very same inverse behavior in equities as well as forex.Rejection of area seeking for downside target.
Trade closed: target reached
View the execution of this price re balancing on the youtube channel belowComment
This action was closed, but in case you were wondering....Comment
This idea was closed since I have a long short covered in the one Titled Bearish September for equities
But this can chop around tomorrow Tuesday and start giving us a definitive move down by Asia on Tuesday afternoon NY time or Early Wednesday morning.
Play it safe
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Now I know we closed this the minute we hit our target...Just updating on the second and greater length leg..
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if the CPI gave us any hint we might not receive the drop we were looking for.We actually remained above last Tuesdays daily 50% this is telling.
Even tho anything can and usually does happen while Dollar continues to sluggishly consolidate I will remain cash.
NQ currently at no mans land.
We can have a brief dip and bounce from here or drop. Since price is not all together clear I will wait til it is. simple as that
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Failed to deliver downsideComment
that is right
DO YOUR OWN RESEARCH!!!
linktr.ee/tru.capital
linktr.ee/tru.capital
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