Trend Reversal 2024 - The First Week of the Year is Crucial
The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023.
And what is the market telling us from the first week of 2024 and the direction for the rest of the year?
We are going match the fundamental reason with this technical observation over the last two years.
Also, what is the key fundamental we should be looking out for in 2024?
E-mini Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $5.00
Code: NQ
Micro Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $0.50
Code: MNQ
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
And what is the market telling us from the first week of 2024 and the direction for the rest of the year?
We are going match the fundamental reason with this technical observation over the last two years.
Also, what is the key fundamental we should be looking out for in 2024?
E-mini Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $5.00
Code: NQ
Micro Nasdaq Futures & Options
Its Minimum Fluctuation
0.25 index points = $0.50
Code: MNQ
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
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