Consolidation may be required before higher
Assisting $NQ_F a bit today. Hit 300% fib extension in what remains an epic short squeeze. Safest to wait for parabola break to try short
Loses 50.51-51.00 support area and recession closer than many think
Rare to see a shooting star at upper bolli with divergence in play ... only 3 in the past 25 years 👀
Losing 200dma support would have big implications
Still no turn after failed breakout mid-Jan led to breakdown. Well past the seasonal turn so "winter" never came
Time to go short is when the parabola breaks
Price action continues to be constructive following major channel break having most recently flagged higher. May need some consolidation before another run
3337.50 (261.8% fib) clipped exactly on 1/22/2020. Possible fakeout following FOMC tomorrow with real move starting Friday and / or next week
Resistance area coming up in 98.30s