NNQ top is clearly in on the 1M chart. Bearish engulfing candle with key resistances needing to be retested. The global economic picture is becoming more gloomy as the US defaults on its debt for the first time ever this winter (2021).
As an investor and avid study of the markets, I look for value buys with high probabilities of long term triple digit returns. I will look to back the truck up in NNQ at $9007, until then every bounce is just a distraction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.