NQ to make another daily engulfing pattern if we make below 790
The price rejected the test of the broken trendline - perfect kiss of the death pattern.
My thoughts about a fakeout were too optimistic, I was looking to add to my NQ short at higher levels and it didnt present an opportunity.
Main target for this move is 11175-85 and possibly much lower.
Try not to day trade this, unless you're quick with taking profits and run
NQ same as the SPX, looking for a good size rally after the FOMC and fade completely by Friday
Going to short a bounce, if presented
P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well.
Thanks in advance!
My thoughts about a fakeout were too optimistic, I was looking to add to my NQ short at higher levels and it didnt present an opportunity.
Main target for this move is 11175-85 and possibly much lower.
Try not to day trade this, unless you're quick with taking profits and run
NQ same as the SPX, looking for a good size rally after the FOMC and fade completely by Friday
Going to short a bounce, if presented
P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well.
Thanks in advance!
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