Having handled the decline, the markets now seem to be on the verge of a melt-up. We are already seeing it in European securities and industrials. However, I think the risk reward is best in Nasdaq, where I think we will trade at least 15% by the end of Q3. Looking at some data, it seems that fund managers are again underinvested in equities, which limits the downside.
I would position with a tactical long in NDQ-futures. With a risk/reward of 5 - risking 10% of my capital.
I would position with a tactical long in NDQ-futures. With a risk/reward of 5 - risking 10% of my capital.
Note
In case we print an ATH, please put stops to break even. DINGDONGNote
move stops to break even now. You are welcome for the free ride to the chocolate factoryNote
very close to being stoppet out at break even, but we are still inTrade closed manually
taking profit here at 19620 - seems a bit extended vs the other indicesNote
Dingdong
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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.