12/10 NQ & YM Market Analysis: Bears in Control, Awaiting Rebou

As expected, U.S. markets continued their decline yesterday, with both the Nasdaq (NQ) and Dow Jones (YM) indices retreating further. The bears have firmly taken the lead, pushing the market downward and releasing selling pressure.



📌 Key Price Levels (Chip Life Line):

Dow Jones (YM) Life Line: 44,511
Nasdaq (NQ) Life Line: 21,468

🔴 Market Outlook: Bears Lead, Watch for Rebound Signals

📉 Early Session: Bears Maintain Pressure
The bearish momentum from yesterday is expected to persist through the early session. Selling pressure may continue dominating, making early entries risky. It’s wise to stay patient and avoid premature buying.

📈 Late Session: Rebound Potential
If selling pressure eases, the market could stabilize and attempt a rebound later in the session. Watch for key price levels being tested or reclaimed near the life lines for signs of recovery.

⏳ Strategy Insight: Stay Patient, Wait for Signals
With bears holding the upper hand, let the market fully digest selling pressure. Focus on observing how the market interacts with critical levels, especially near the life lines, before considering entry opportunities.

📢 Action Plan:

Monitor closely for signs of market stabilization or reversal.
Stay cautious and avoid hasty entries until support levels are confirmed.
Watch for potential breakouts or retests of key life lines for better trading signals.


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