UnknownUnicorn1166983

Tech at bear exhaustion , is it time for a lower high on weekly

UnknownUnicorn1166983 Cập nhật   
CME_MINI:NQ1!   Hợp đồng tương lai NASDAQ 100 E-MINI
Nasdaq futures are at bear exhaustion point on weekly based on Tom Demark count of 9 week sell. 2-Day period chart is showing up bullish divergence. On Macro coming up G20 summit may help YM and ES and a seasonal Santa rally may help to put in a lower high upto 6680-6706 in coming weeks. But quite a work here to clear resistances on .618 retrace , trending higher moving averages to put this back into a trend into weeks & months.
NQ , clear up those resistance for couple of green candles on weekly
A lower low again testing and testing 52-week lows would make it worse as none of the lower time frames on 2 hour or 8 hour not showing any strength to ignite a counter trend rally to get sold into resistances
Bình luận:
That's a nice 380+ points from the bear exhaustion entry on weekly and 2-Day period regular bullish divergence and might be the first consolidation after this Powell sugar rush.

Daily is still only on 3 though, need to see if this goes for daily 9 and reset weekly to green count on 1 again.

It's now time for lower time frames Bull exhaustion for candle closes on 8 Hour /4 Hour showing up 9 completed for a potential mid week consolidation before 6932 for .618 extension on a 2 Hour chart.
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.