NAS100 UPDATE 18/2/23 PLEASE MIND THE UPSIDE GAP
Based on weekly profile.. I see a rotational test to an area of interest .. MIND THE UPSIDE GAP it is viewable on US500 and QQQ
DO NOT JUMP ON THE SHORT could be a MASSIVE UPSIDE SQUEEZE building here before clear direction is set.
''Retail" are shorting based on Fed speakers sniffing at more than .25 rate hike have you considered it's all just a load of nonsense?
Do you think the many weeks of buying will wiped out so quickly? There were and still are many buyers in market which is why the big boys entered in first place..
You have to make trading decisions based on what price tells you and volume.. we are still in a bullish environment do not think you can ever time tops perfectly.. retail will look at that trend breach and close and dive into a short to be wiped out.
DO NOT JUMP ON THE SHORT could be a MASSIVE UPSIDE SQUEEZE building here before clear direction is set.
''Retail" are shorting based on Fed speakers sniffing at more than .25 rate hike have you considered it's all just a load of nonsense?
Do you think the many weeks of buying will wiped out so quickly? There were and still are many buyers in market which is why the big boys entered in first place..
You have to make trading decisions based on what price tells you and volume.. we are still in a bullish environment do not think you can ever time tops perfectly.. retail will look at that trend breach and close and dive into a short to be wiped out.
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