CME_MINI:NQM2024 With an EOD rally the bulls made some major progress in the NQ today. The late day push brought us back inside this massive 52 day balance we formed, starting in late February and spanning all the way to the second half of April. We not only pushed back into value, but we were also able to work our way above the first critical LVN, as we look to...
The Overnight push down had us gapping and opening above the 26.47 level i have been watching since last week . -Monitoring the 26.74 level for potential long trades on the $NQ. -Monitoring the 27.38 level for potential short trades on the $NQ
$VIX $NQ 👀 Monitored the 26.47 level again today, was looking for a VIX close above for bearish activity... Going into next week, I'll be watching the 25.66 level as well.
*NOT FINANCIAL ADVICE* Bullish Scenarios: Longs above 12073 Targeting 12170 Longs above 12170 Targeting 12235 Longs above 12235 Targeting 12284 Longs Above 12284 targeting 12333 Bearish Scenarios: Shorts below 12024 Targeting 11980 Shorts Below 11980 Targeting 11873 Shorts Below 11873 Targeting 11833 Shorts below 11770 Targeting 11710
Watching $vix during the pre-market today, looking for a close below 26.47 for continued bullish activity. We got the close and the bulls were off to the races... #FollowtheyellowVIXroad