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TRADERKING007 NQ nsadaq futures intraday calls all welcome post
- Thread starter traderking007
- Start date
it is the year 2020 if you are still using old school technical analysis good luck wake up and use some real technology
you want to be short this market it looks to sell off another 200 to 300 points maybe 500 points over the next few days and maybe another 100 over the next hours or so
i see 11,600 today or clsoe to it being hit
piss off i updated it and so far the mkt is going lower and i suspect a touch of close to 11,600 shortly before or right after the close unless we get a big news even which is possible stop following this thread dazzthis thread has ground to a halt.
Last thing about this NQ sell off . today was orderly. imagine when it is not orderly and those who want to sell cannot find a bid!! and the etfs spy and nq and the hft no one really has the shares and you get what is a FLASH crash of epic proportions. very few actually have the stock they say they do and they wont buy it until it is low enoug to get almost a risk free trade so guess what. a flash crash is possible because it is the only way to quickly balance all of the FIAT STOCK OWNERSHIP out there right now. it very quckly brings back the supply n demand pictureof real shares and this is what creates flash crashes and this is what we could see very soon. it is not just everyone selling even scariers is when ken griffen doesnt want to risk losing 5 billion in a day of loss buy buying early which would eraase 3 years of gains. so they dont buy until it is a flash low this selling today this is just totally orderly lots of buyers for sellers but
trump may need an event a big one to hide this mkt sell off. just watch
trump may need an event a big one to hide this mkt sell off. just watch
i would not even thing about buying back in long term until the nq hits and tests 11,280 again !!
at 5% down a day it will only take 10 days!! that is 10 days for a 50 % drop in the nq from these levels which puts at what 6200 again which just might be fair value who knows. i am not saying this is going to happen but I am saying think about the damage done
you call profits magic because you rarely see any so for you they are elusive for me they are a way of lif
Hey traderking007, thanks for the thread. Loved the comment above. ^