Bollinger bands squeezing on daily time frame, means that price does not have much clearance to continue moving up without progressively tapping and exceeding the upper 20 SMA daily bollinger band. Will begin adding short at trigger line around 7076, or wherever price starts bursting out of upper bollinger band. Look to March 12 on the chart for an idea of what...
With Crude Oil stabilizing, Italy's Technocrat Cottarelli extending a hand to MS5 and Lega, US/NKorea meeting today and G7 starting in Whistler, the market has calmed down and risk assets have been bought overnight. There is potential for a breakout through yesterday's high and 7000 again in Nasdaq.
The white Fork describes the context and where price potentially can pullback to. As we see, price reached the Centerline two times. Now, the third time it failed! The yellow steep Fork describes the current flow, which looks like it is to the upside. BUT: watch, price is outside the L-MLH. Even worse, price tested the L-MLH a couple times now, but could not push...
Q's looking to gap down tomorrow morning, selling off through Thursday, then finding support on the 100dma. Friday or next week continue higher after making higher low. Investment strategy will be short until Thursdays close, then long through next week.
Price broke down out of pattern, now coming back for the retest before the next bigger leg down!
The index is printing recurring patterns on 1D. Symmetrical 4H Channel Up patterns, followed by same width Channel Downs (High ATR = 37.1964 on neutral RSI, STOCH, Highs/Lows), always supported by a 1D Higher Low line (RSI = 57.913, Highs/Lows = 32.000). 6640 is expected in about 1 week's time and then 7085 by mid June.
A Bearish Gartley pattern on the NASDAQ 100 chart, first target at 6733 points.
ES SPY Futures Barely Red RESISTANCE Lines And Pivots
I have QQQ Puts Executed / CCI Indictator
34 min chart Resistance Levels ; I've had PUTS QQQ SPY ES CCI INDCATOR LINK NQ Nasdaq Futures 34min min chart CCI
we bounce today from the yearly wedge, we will move to the upper band of the wedge. #FUTURESALERTS #FUTURESSIGNALS
Bulls were in control on monday but they couldnt get some momentum going above yesterday close, we only took a long trade at YC, lets see what happens tomorrow. Plan your trade, trade your plan
We are on our way to retrace to the 38 fib, drop so iam going long for tomorrow on a candlestick formation on the 6660 r line. my target will be 6961 with a stop at 6590 #futures #futurestrading futuresalerts
Nasdaq pushing higher, slowly grinding over some 1H resistance, lets see if the bulls have what it takes to push this market higher.
Continuation previous analysis( look past ideas on NQ) , Long at close above mini down drend ( yellow line). Short at entry.
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