Quote from tomahawk:
Personally none of this stuff matters that much to me when I trade intraday until we approach a new key level.
Well said.. for a daytrader that doesn't need to scale in/out this analysis I have found to be detrimental.. That said NQ needs to breakdown pronto or REALLY steep ascent could materialize with first pause likely at 1900-ish, then 1918 and 1940.