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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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.