NASDAQ 100 E-mini Futures
Updated

NQ approaching top a bullish channel?

112
NQ is in a very consistent parallel channel.

Should touch the top and come back down for a healthy pullback.

Caution - a breakout over the top of the channel will invalidate this hypothesis.

Please use proper risk management if going short.

Thanks!!
Note
my mistake - not a channel. tis' a wedge!

snapshot

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