Looking at today's Bounce with high Volume, the Nasdaq futures have again reclaimed 100 EMA on the daily timeframe. There is a very high probability that Nasdaq Futures will go higher in coming days and test 50 day EMA. If it closes above 14,809 tomorrow, then this is the trend reversal and we are again in the bullish trend. Keep an eye on the 100 EMA, if it...
Contract - CME_MINI:NQZ2020
- High - 10945.50
- Low - 10910.75
Current Stats
- Gap: NA
- Session Open ATR: 324.63
- Volume: 23k
- Long-term (Daily) Trend: Bearish
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of...
Hey Traders,
Markets fell a bit in the afternoon yesterday and provided a nice long entry back towards the previous prices.
The market has rolled over from there.
Looking for a flush out of the weak buyers before getting long again!
