Nasdaq Bottom Potential

6 thg 8, 2019

August 5th wide ranging candle was 2x NTR. Represents extreme selling and likely cannot be sustained.

Gap down on Aug 6 NQ futures indicates further extreme selling readings. Expecting NQ gap down to be somewhat repaired by market open Aug 6 and bottom possibly in place.

Could be dead wrong of course!

6 thg 8, 2019

Ghi chú

Meant to say “ATR” (average true range)

14 thg 8, 2019

Ghi chú

Retest of bottom here

TLT topped out

Good end to week is likely

16 thg 8, 2019

Ghi chú

Good end confirmed.

TLT definitely topped. Stage is set for a large rally.

23 thg 8, 2019

Ghi chú

Last NQ gap fill.

Wow, what a choppy bottom.

Likely in place here. Bonds retest top.

1 thg 9, 2019

Ghi chú

One final gap down before solid uptrend here I think