Thankful for this Bearish 5-0 Forming on NQ

2021年11月25日

I'm also thankful for the futures market staying open and allowing for the first bearish continuation to occur on the weekly timeframe in about 20 months.

This could get really interesting if this happens on Thanksgiving (when nobody suspects it).

Might want to keep an eye on this regardless of which way you lean.

-Thankspigging


NQ1!
NDX
IXIC
$CURRENCYCOM:US100
ARKK

2021年11月27日

交易進行

If the 5-0 structure fractals on a larger degree, then we might see price action that follows the path below:



Ultimately, if the bounce comes in the vicinity of the 1.618 extension down at a similar angle shown above, then it becomes a near-certainty that the bounce stops at that 0.5 level.

And if this comes to pass, then you've got yourself a very lucrative, high probability short setup that comes once every never.

Good luck.