NQ Trade Idea- Short
At first glance, my initial thoughts tell me the bulls are losing steam. We previously made new highs, pulled back, and pushed up again only to make a slightly higher high while putting in bearish divergence. Had a sell off this past week breaking multiple support levels and now we're retesting resistance, which was also previous all time highs this past February. Waiting for a clear lower high to form on the 1hr time frame to look to go short.
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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.