Today on the 4h, we have a bullish signal on the NQ !This week I will be looking for buy signals on the NQ, especially today, we had a buy signal on the 4h, during the european session we took profits on the upside, it will be the case alos if the analysis is confirmed this afternoon during the american session, we are watching.
Let's make some money :-)
Nqq50
NQ - NNR @ a Negative 26.4% NQ Q50's were smoked, these provide a good leading indicator for how we
can project an implied range for NQ Q100 GI - the Total correction for the Total decline
will mirror NNR as it has in the past many times.
The NASDAQ-100 Notional Net Total Return Index demonstrates the Breadth
imbalances peaking at 18.8K while turning a low near 16.4K.
This suggests as the Mega Cpa 711s begin to fade, the Q100 will close the Gap as the
lower 50% of the NQ have been severely beaten down. Over time the spread will tighten.
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