NQ 2-15 Update/3-2000 Comparison
The NQ 100 Futures contract 2/15/20 call/idea was used as reference or comparison to the March 25, 2000 decline (Tech Bubble start). The initial 11% decline target was hit and the index does have some support. The Idea was published to illustrate the effect of whole values vs reduced values and the associated percentages. The 2/14/20 Idea (linked) will help to illustrate the math.
For the active Long/Short trader, this is a welcomed opportunity to take advantage of the movement. In addition to the material, I will post NQ Targets (typically daily) prior to Open session. I will also provide updates intraday when/if a Target Idea is published. These Ideas may help you with trading activity for the upcoming Pre/Open Session.
For the active Long/Short trader, this is a welcomed opportunity to take advantage of the movement. In addition to the material, I will post NQ Targets (typically daily) prior to Open session. I will also provide updates intraday when/if a Target Idea is published. These Ideas may help you with trading activity for the upcoming Pre/Open Session.
