A clear convergence into the 12.5K range would be ideal for 5/5 to complete into March.
The larger and more dangerous structure would be to approach the 2/5 LT Highs - the
Magenta Line.
_____________________________________________________________________________
I do not believe this will occur, as the NQ has been highly Techincal in Nature, volatile,
but technical.
This correction should conclude with the next 5 weeks into March FOMC.
Asset purchases will expand in the Shadows as the FED reverse a non-existent taper
into a full-blown blow-off into the latter part of 2022.
12, 575 to 11, 736 would be the lower boundary range IMHO.
The Midpoint of these 2 Lower POs would be the 12.1K Range.
The larger and more dangerous structure would be to approach the 2/5 LT Highs - the
Magenta Line.
_____________________________________________________________________________
I do not believe this will occur, as the NQ has been highly Techincal in Nature, volatile,
but technical.
This correction should conclude with the next 5 weeks into March FOMC.
Asset purchases will expand in the Shadows as the FED reverse a non-existent taper
into a full-blown blow-off into the latter part of 2022.
12, 575 to 11, 736 would be the lower boundary range IMHO.
The Midpoint of these 2 Lower POs would be the 12.1K Range.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.