NQ Channels 7/7/2020
This is the NQ at the hourly. NQ poked right above the top of my channel again and got hammered back down into the channel.
10530 is important today. If the NQ closes below that number today, then it will follow the footsteps of 2001. My outlook is still bullish short-term.
My strategy remains largely the same. Bigger long positions at my buy zone below. Small short position at the top of the channel.
10530 is important today. If the NQ closes below that number today, then it will follow the footsteps of 2001. My outlook is still bullish short-term.
My strategy remains largely the same. Bigger long positions at my buy zone below. Small short position at the top of the channel.
Note
NQ closed at 10520 at cash close today. I should've trusted my own instincts and short at the top of my channel. Either there is one more test to the 10647-10670 area or we may see a pullback down to the bottom of my channel.
Disclaimer
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.
Disclaimer
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.