NQ
short term bearish on tech here. expecting a nice pullback and a buy the dip opportunity on tech stonks within the next week.
the setup here is simple:
every time nq goes outside of upper BB, as expected per BB definition, a nice correction follows
%R indicates current overbought conditions on not only daily time frame, but weekly and monthly as well.
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The Williams percent R indicator or %R for short is a technical indicator that oscillates between the value 0 and -100. The Williams percent range indicator provides us with valuable information about the strength or weakness of a trend of a stock, commodity, currency pair, cryptocurrency or any other financial instrument that has attached to it a...