Steve, I see /NQ retesting 12930 like it did on 02/17 or 12/02.
I hold a small bet, which is not too probable but could be rather
profitable. My hunch is that wave 5 has been completed.
So this would be a double correction on /NQ. /GC is up a lot
today, which tells me that risks are elevated.
Edit: recovery to 13286 is expected before moving lower. I can
see a nearly completed 5 waves down on 15-min charts.
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Steve, I see /NQ retesting
SPX 5 with Fibs
Posted by junkie on 2nd of May 2023 at 03:58 pm
Steve, I see /NQ retesting 12930 like it did on 02/17 or 12/02. I hold a small bet, which is not too probable but could be rather profitable. My hunch is that wave 5 has been completed.
So this would be a double correction on /NQ. /GC is up a lot today, which tells me that risks are elevated.
Edit: recovery to 13286 is expected before moving lower. I can see a nearly completed 5 waves down on 15-min charts.