IMO the last thing the Bulls want is a gap up into Supply - much
prefer to see a strong reversal candle accompanied by heavy volume.
QQQ has 200 day just below - will it test?
Comments above apply to swing traders more than scalpers - price
has moved deep enough to set off a bounce as intraday the SPX/QQQ
held Fib support on the late pullback.
Looks like a b profile which is better than yesterday - tomorrow
PCE number
Nq 5 min. Watch the
Posted by johnny2012 on 26th of Oct 2023 at 06:41 pm
Nq 5 min. Watch the triangle for a range break. Definitely a valid trendline at the top it paused at.
IMO the last thing the
Posted by steve on 26th of Oct 2023 at 06:51 pm
IMO the last thing the Bulls want is a gap up into Supply - much prefer to see a strong reversal candle accompanied by heavy volume. QQQ has 200 day just below - will it test?
Comments above apply to swing traders more than scalpers - price has moved deep enough to set off a bounce as intraday the SPX/QQQ held Fib support on the late pullback.
Looks like a b profile which is better than yesterday - tomorrow PCE number
Read again
Posted by steve on 27th of Oct 2023 at 01:07 pm
Read again
Wise comments - open into
Posted by steve on 27th of Oct 2023 at 10:03 am
Wise comments - open into supply and SOLD - again these comments relate to short term trading
Steve. What are you watching
Posted by johnny2012 on 26th of Oct 2023 at 07:26 pm
Steve. What are you watching for supply zones on NQ and qqq?