NQ continues its lonesome cowboy routine, riding the rails higher.
ST Indicators turned Bullish yesterday, Longer-term... remains Negative for now.
NQ's Price Objectives overhead - 15151.25 - 15171.75 - 15319.
15074 the 3X Resistance was broken during Globex @ 15112.
10 Year Note Yields remain in a Bid @ 1.542, there is strength there
and why we a continue push higher to 1.7112 to 1.7606 and Higher
towards 2.12 - 2.48.
This is why we believe the 200SMAs will be tested after this Counter-Trend
completes.
Wall Street always get their fill, for reasons to be revealed, they are in a
hurry to complete this effort.
4/5 is incomplete IMHO.
The Counter-Trend has higher objectives.
Ultimately it will fail and begin the next decline from levels we are closely
observing as they develop.
Patience has rewarded us, use it at all times as your Edge.
Please ignore the herd of freshly minted detractors who are unable to follow.
Their Capital will become ours once again.
Friday's are 1/4 to 1/2 size allocations as they tend to induce the greatest losses
for Traders.
Trade safe 91.50 Tick NQ Range this morning will swing both ways on Expiry, HK
ST Indicators turned Bullish yesterday, Longer-term... remains Negative for now.
NQ's Price Objectives overhead - 15151.25 - 15171.75 - 15319.
15074 the 3X Resistance was broken during Globex @ 15112.
10 Year Note Yields remain in a Bid @ 1.542, there is strength there
and why we a continue push higher to 1.7112 to 1.7606 and Higher
towards 2.12 - 2.48.
This is why we believe the 200SMAs will be tested after this Counter-Trend
completes.
Wall Street always get their fill, for reasons to be revealed, they are in a
hurry to complete this effort.
4/5 is incomplete IMHO.
The Counter-Trend has higher objectives.
Ultimately it will fail and begin the next decline from levels we are closely
observing as they develop.
Patience has rewarded us, use it at all times as your Edge.
Please ignore the herd of freshly minted detractors who are unable to follow.
Their Capital will become ours once again.
Friday's are 1/4 to 1/2 size allocations as they tend to induce the greatest losses
for Traders.
Trade safe 91.50 Tick NQ Range this morning will swing both ways on Expiry, HK