In comparison to S&P 500 and Dow Jones, Nasdaq is in the lead, steam rolling through short term buy stops this week which was a failure for ES and YM.
Going forward, i'd love to see how Sundays NWOG affects market structure and whether we continue to climb into the premium price range
Going forward, i'd love to see how Sundays NWOG affects market structure and whether we continue to climb into the premium price range
Trade active
Lovely expansion into a premium range of price action.
Anything above $19,566 is regarded as premium pricing so looking to day trade right now will be much more risky.
Looking for a bullish draw to the weekly C.E @ $19,761
Trade closed: target reached
Price is now in a premium, trading above $19,566 equilibrium. $20,044.25 buyside liquidity up for grabs this week
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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.