NQ - 1 Hour
Updated
Momentum has reversed to SELL.
EMA's are now in Steep Negative Slope.
Lows for Day's 7/9 and 8/9 confirm the
loss of Momentum.
Larger TF's - 4Hr and Daily will provide
important Supports @ 8, 15, 21
34 & 55 EMAs will provide indications to
the trend in the upcoming Commentaries.
____________________________________
At present, the 8 Fib Sequence in the Daily
confirmed the High.
The reversal should be of concern to BUY SIDE
as the Velocity, Scope, Scale are of concern.
____________________________________
Macro Fundamentals are Negative, considerably
so - these continue to Compound.
We will have the First Overhead Gap in the new
FIB Sequence should Globax Session to recapture
the Prior Close - Green Dotted Level in Chart
____________________________________
Best to You and Yours - HK
EMA's are now in Steep Negative Slope.
Lows for Day's 7/9 and 8/9 confirm the
loss of Momentum.
Larger TF's - 4Hr and Daily will provide
important Supports @ 8, 15, 21
34 & 55 EMAs will provide indications to
the trend in the upcoming Commentaries.
____________________________________
At present, the 8 Fib Sequence in the Daily
confirmed the High.
The reversal should be of concern to BUY SIDE
as the Velocity, Scope, Scale are of concern.
____________________________________
Macro Fundamentals are Negative, considerably
so - these continue to Compound.
We will have the First Overhead Gap in the new
FIB Sequence should Globax Session to recapture
the Prior Close - Green Dotted Level in Chart
____________________________________
Best to You and Yours - HK
Note
Our Indicted Lower Price Objective @ 16046 remains Valid\and now extends to 15965 - 16037.
This is the Candle that has the Potential to Increase. into
a Large Body.
Note
NQ Range for Today - 16046/073 - 16294Note
Front Run of 226 Level, IF it breaks 271 - 294 remains Open for Squeeze.They'll need to accumulate more Sellers who were just lit up buying into
Jerry's "Yeah this Junk is over-valued" Meme.
Bait / Switch.
Cake / Bacon
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