NQ Trend Examples

7月2日

I use trendlines a lot if you haven't noticed. I get a lot of questions about trend spotting and I think the NQ chart from the last few days was a great example of some different trends that break, but then reverse trend again. Lately trades haven't been seeing much follow through outside some of the stronger names, so I thought this might be helpful in showing how I determine when to enter and exit positions. You need both a trend break and confirmation, there are plenty of fakeouts.