Introduction The Nasdaq 100 Futures (NQ) have rebounded on Monday, showing the first sign of stabilization after the sell-off began in late October. Price action now sits right on top of the same support zone highlighted in the November 4th analysis, where the previous all-time high, 50-day moving average, and pivot structure converge. While momentum has Read More…
Recap On June 15th, we set our target for the Euro for a price of $1,104. This target was hit last Thursday as 6E rallied 3.6% from its recent low. The question is whether we see a higher chance this resistance zone will be broken to the upside or if the bears will push 6E Read More…
Introduction NQ has staged a very aggressive V-shaped reversal, rallying from the ~23,000 lows back toward 26,500+, approaching the all-time high (~26,863). This is a big difference from a few weeks ago when NQ was sitting at a one-year low. Just recently, the market was breaking down, showing weakness and uncertainty. Now, it’s back within Read More…
