What is good boys,
NQ is currently presenting a bearish PO3.
I'm expecting roughly a 1,000-point expansion lower into the technical target (TT).
What makes this setup even more interesting is the confluence coming from NVDA.
NVDA is simultaneously presenting a distribution structure, adding another +1 to the bearish NQ thesis given its heavy influence on the index.
If the PO3 delivers, the expansion could get aggressive.
Two charts. Same message. Now we wait for price to deliver.
NQ is currently presenting a bearish PO3.
I'm expecting roughly a 1,000-point expansion lower into the technical target (TT).
What makes this setup even more interesting is the confluence coming from NVDA.
NVDA is simultaneously presenting a distribution structure, adding another +1 to the bearish NQ thesis given its heavy influence on the index.
If the PO3 delivers, the expansion could get aggressive.
Two charts. Same message. Now we wait for price to deliver.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.