mortdiggiddy

$NAS100 $NQ_F $NQ $QQQ $AMZN Impulse wave finale for $NASDAQ?

mortdiggiddy Cập nhật   
CME_MINI:NQZ2019   E-mini Nasdaq-100 Futures (Dec 2019)
What's next at these new ATHs? I am leaning toward a pullback near the Wave 4 location. I am not a big elliot wave subscriber, but I do recognize impulses and harmonic AB=CD patterns as having authority (they are "hard" to create). This new high seems like a wave 5 bearish divergence to me, but we must pay attention to the NYSE Accumulation/Distribution and seasonality which honestly says: "we keep going higher".

I will wait for the monday price action to likely produce a new high, and then some kind of retracement to the top descending rail we just penetrated. The pivots shown are the Monthly Camarilla pivots, which showed a well defined range for the month until Friday when it was broken.
Bình luận:
Bình luận:
I think we will spike up to the top rail at tomorrow's FOMC announcement, then possibly selloff Thursday and Friday.
Bình luận:
All bearish predictions this year have failed. Peak to trough this has been a remarkable seasonality year.

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.