Goodbye NQ 10,000

Overnight said:
It was fun while it lasted, but that level will not be breached again until 2021. The psychology on that number is simply too profound.

Think about it. It is a tick over on an odometer. It took a lot of time to get the YM momo from 4 digits to 5. Likewise it took a lot of momo to get the ES from 3 digits to 4.

The NQ? We are really struggling to get it from 4 digits to 5. It is simply too big of a BRN to breach now. The resistance is there, in all it's glory.

Mark it, dude.
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Ohhhhh come on now....my prediction is for 12000+ by end of 2020. Don't let me down. We should cross 10k today once again.
 
S2007S said:
Ohhhhh come on now....my prediction is for 12000+ by end of 2020. Don't let me down. We should cross 10k today once again.
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you are too conservative. The moment we had small sell off, Fed comes out and says more Corp debt buying. Then we go up again. How about 15k+?:D it will work until it stops. But then Fed will start buying stocks out right. All smooth sailing from now into infinity.
 
RedDuke said:
All smooth sailing from now into infinity.
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infinity and beyond.jpg
 
The Battle for 10K is being thought, 2 rejection from that area so far, the farce is strong with the sellers!!! but the buyers are pulling it back, fight fight fight, waiting for see who's stronger here.
 
RedDuke said:
you are too conservative. The moment we had small sell off, Fed comes out and says more Corp debt buying. Then we go up again. How about 15k+?:D it will work until it stops. But then Fed will start buying stocks out right. All smooth sailing from now into infinity.
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I often wondered since we know this why the market just doesn't gap up 40,000 points. seriously. lol.
 
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