NQ Resistance Test Short Idea
Along with ES/SPY, NQ is also retesting a previous low from last week. We also have a shorter term ascending channel on NQ that may end up breaking down. A lot of indexes and stocks are hitting some key resistance areas from last week so I think it's a good time to enter puts targeting last Friday's low.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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