NNQ was a bit whacky but I managed to draw it out. Recent pullback got close to 38.2% before a higher high. Watch reaction at 14.9k - 15k area.
Bearish < 6628.75 March 2020 OPEX low. If 14850 rejects, then could consolidate before a retest up or break below 12895. Below 11700 confirmation of Green 5 wave is finished. I believe 10500 - 10k high probable bottom if goes under. Overall I think /NQ is bullish because if you draw a trendline starting from red ii across the lower high points last week broke over. This could well be a wave 1 in the making then a pullback for wave 2 before a massive rally to ATH.
Bearish < 6628.75 March 2020 OPEX low. If 14850 rejects, then could consolidate before a retest up or break below 12895. Below 11700 confirmation of Green 5 wave is finished. I believe 10500 - 10k high probable bottom if goes under. Overall I think /NQ is bullish because if you draw a trendline starting from red ii across the lower high points last week broke over. This could well be a wave 1 in the making then a pullback for wave 2 before a massive rally to ATH.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.