NQ Potential Paths Moving Forward
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NQ made yet another ATH Tuesday while VX remains dead and semis pump relentlessly. I wouldn't want to get in front of that train, so I'll be looking for dip buying opportunities for now until something changes. There is potential for a significant pullback on NQ in the overnight session if it fails to hold trendline support, but if it does hold, I'd have to expect another ATH soon.
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NQ bounced on the trendline and made another new ATH. This trendline will be important for shorter term action from here.
Short Thesis:
advancedplays.com/short-thesis.pdf
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!
advancedplays.com/short-thesis.pdf
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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