NASDAQ 100 E-mini Futures
Long
Updated

12/11 NQ & YM Market Analysis

106
Market Insight: Bears in Control, Detox in Progress
Today's market sentiment mirrors yesterday’s, with bears continuing to dominate. Traders should respect the bearish trend and prioritize short-selling strategies.

🔻 Bearish Strategy Insight:

The market needs to release recent pressure to achieve optimal "detox" effects. Only after a sufficient correction can the market stabilize, setting the stage for potential bullish attempts later.

🔺 Bullish Opportunity Watch:
While bears maintain control, conservative traders are advised to stay on the sidelines. If bearish momentum weakens after pressure release, bulls may seize the opportunity to challenge the life line levels. These levels will serve as critical resistance points for any upward attempts.

📌 Trading Suggestions:

Short-Term Bearish Bias: Follow the trend, avoid counter-trend trades.
Bullish Entry Timing: Wait for bearish momentum to fade before considering long positions cautiously.

⚠️ Disclaimer: This analysis is for reference only and not investment advice.
Follow us for more real-time market insights! 📈
Trade closed: target reached
The market has successfully shifted upward after prior pressure release. Bulls are now in control, pushing prices higher.
Note
Mini Nasdaq (NQ): 🚀 New All-Time High!

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.