Market Crash - NQ Ascending Wedge
Here's another ascending wedge here on NQ. It closed above today for the first time, so looking fairly bullish for now, but it's far from being a confirmed breakout. I'll be watching this wedge and the one on ES moving forward. ES has moved quite a bit further above its wedge than NQ, but neither have sustained the breakout just yet. Here's some paths I'd expect for both upside and downside.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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