Similar to ES, NQ is well above its monthly regression channel. Therefore, while on a smaller timeframe basis we may find NQ making a new high, it very much appears to me that we need to be prepared for a larger pullback for regression to the mean.
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.
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.