NQ Trend Break
NQ is still holding on to its uptrend from April, but barely. After GOOGL and TSLA earnings, NQ has broken below the uptrend for now. Not by much though, I think it can really get moving if there is a strong break tomorrow and judging by the current activity, it does seem quite bearish. We'll find out soon enough, I'll be watching the 19.3k area for a first target.
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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