NQ
NQ at resistance levelTarget 465, short of the 593
NQ same as ES hit all the required targets for this week
NQ Daily Support shows its holdingThe NQ Daily time frame is in a down channel. The
market hit the bottom of the channel and found
support. The market is now pushing bullish towards
the top of the channel price point 14045.50 about
+6,608 ticks above the market. It will be a good
idea to turn to the one hour time frame and to
look for long ideas in the buy zone.
NQ pressure is up with a good size retracement in the middleQuick update on the NQ,
Im looking for higher and will be buying the pullbacks.
Supports are on the chart
NQ Weekly Anohter LookHmmm...
Wassup here, TOSS or ROPE.
Hangman.
For now, the Trend is Up.
For now...
NQ - Fails intial test of Trendline ResistanceBack for more...
It will need to chew thru this:
THURSDAY, MAY 26
8:30 am Initial jobless claims May 21
8:30 am Continuing jobless claims May 14
8:30 am Real gross domestic product revision (SAAR)
8:30 am Real final sales to domestic purchasers revision (SAAR)
8:30 am Real gross domestic income (SAAR)
10 am Pending home sales index April
FRIDAY, MAY 27
8:30 am PCE inflation April
8:30 am Core PCE inflation April
8:30 am PCE inflation (year-over-year) April
8:30 am Core PCE inflation April
8:30 am Real disposable income April
8:30 am Nominal personal income April
8:30 am Nominal consumer spending April
8:30 am Advance trade in goods April
10 am UMich consumer sentiment index (final) May
10 am 5-year inflation expectations (final) May
NQ is supper close to breakout, short must have stopsLooking for a max low at 11500. Upside potential is huge due to an upcoming squeeze
Nasdaq 4hour : double bottom pattern + butterfly pattern if bad news comes ,nasdaq break low ,can touch near 11000 , we must buy there and hold it 10-15 day to high
for coming days , i belive buy and +up trend will come when 1hour or 4hour chart pinbar comes , pick buy and put SL in low (looking for buy sl=pinbar low
soon or late nasdaq will see 13000 then 13500 area
wish you win , be patient 100% use very low size
5 of 5 complete? If this isn't a bottom, it's pretty close. 5th wave could extend a bit, but it's at the bottom of the channel. Bounced off 11.7k, which is 50% retrace from Covid bottom and ATH. First target, top of the channel ~12.8k. Stop/loss 11.7k.
Below here, 10.5k is 61.8% retrace from Covid bottom; ~8k would be -50% from ATH. They're very possible, but I doubt it running straight there, from here. Expecting a short summer rally until July/August Opex. More big bear moves around Sept Trip Witch.
NQ - 2 HourStrength = Zero
Follow thru or...
Watch the PCC for the CT Squeeze.
psst... put buying was muted.
NQ Weekly - 7 Come 11Roll em, 7 weeks of consecutive decline has occurred only once - ever.
This week's close will be extremely important.
PCC led the way - Call Squeeze indicated and delivered.
The CHopsaw... well, unfortunately, it turned into the Buzzsaw.
We were looking for an RT RIp to buy early on, and it became clear
that event was never to be...
________________________________________________________________
Oversold?
Nah, this is exactly how crashes occur.
NQ - 15 Minute ALGO Drop / Globex Call SqueezeWake up with levered losses, Buzzsaw Wednesday.
Load up into the close bruh... Stick save on Jerry
who frankly repeated the same dire warnings...
Buy some and.... sheep-dipped again.
Oops, Wall Street's Kleptocracy will steal everything
that does not understand their game.
See JUN SPY Puts from 340 - 440, short term bullishness
out of balance gets clipped.
It'll be ok... it's Wednesday.
NQ - 2 HourMomentum remains constructive.
The trend is sloping higher.
IT Support is well below.
___________________________________
Bury took a large Sell in Apple.
YCC from FEd can sustain IF continued implementation persists.
BTC weekly close approach, Futures market opening soon. So bitcoin has done some heavy condolidation this weekend and I was for a minute thinking maybe a chance we are Range bound waiting for Futures market to open.
But this pretty much spells out what will most likely happen. :(
Not guaranteed 100% but it is not looking good. It was and on 4 hour is a chance but If stock market keeps on correcting, BTC ETH and the rest of the ALTs will fall with them as well.
Good luck!
