My short-term cycles peaked this morning and market is following them down. Mostly watching now.
11625-11645.00 accumulation area, so would be likely target if markets break down. Also, an area I'll be looking for a long. Although will be taking profits quickly on some if I take it and BE on rest, since the overall out look hasn't changed for me regarding NQ lower prices.
Getting closer. Going to be a very tough long. Should of just held one short. Just sure I'll go long here.
Long just 1 11644.25. Going to look to add one potentially going to give it some room for now. Still can test 11625.75 as it's open and untested.
This is a pretty good medium size chart term setup here for a bounce. But absolutely no help from larger charts at all, I'd like to think we still some type of bounce, but so far tough.
PELOSI SAYS HOPES TO RESOLVE 'APPROPRIATIONS PIECE' OF COVID-19 AID BILL LATER ON WEDNESDAY -MSNBC
Yes, looks like news gave temporary rally. This is actually getting a little concerning now. If market goes down going to be so many trapped buyers from the last 3 days.
Back in 11625-11645 accumulation zone for third time. Let's see if it holds again, I doubt it. But last time gave 90 point NQ rally and I was wrong.