Strong bear week fueled by bad news
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It’s relatively easy to say this week had powerful catalysts for bears. Consider US downgrade by Fitch, mixed tech earnings and Trump indictments, 
NQ1! couldn’t be saved by the bulls.
So what comes next? Bulls will not give up the major trend; bears have momentum, but also need to be careful. Retracing back to 15600 or even 15700 is a real possibility, more likely than not.
I have long at 15350 after-market. Stop 15300. Keep in mind next target for bears is around 15100.
Have a nice weekend.
NQ1! couldn’t be saved by the bulls.So what comes next? Bulls will not give up the major trend; bears have momentum, but also need to be careful. Retracing back to 15600 or even 15700 is a real possibility, more likely than not.
I have long at 15350 after-market. Stop 15300. Keep in mind next target for bears is around 15100.
Have a nice weekend.
Trade attivo
The trade is already more than 100 points profit. More than 2:1 risk reward. Stop loss to break even and let's see if we run today.Trade chiuso manualmente
Bulls are not overly confident in pushing more before RTH session. We're in a trading range around 15430.I'm closing the position with 85 points profit and monitor how the RTH session develops.
Nota
The trading range expanded and the fight is going strong. Bears seem to be winning.Break below 15330 is a sell signal. But I'm probably just observing for now.
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