Get ready for some great Trading Weather

22 Oca 2022

NQ1! broke the 50w SMA but we need to backtest and confirm the break IMO. That said, there are lots of headwinds this coming week with the Fed tightening, overall weakening Economy, margin compression etc


NQ1! is now trading -4 standard deviations from its 50dma



I strongly believe that we can use this bounce for longs - as distribution will want to sell at higher prices. The environment has turned from "But the Dip" into "Sell the Rally"



ES1! is ALMOST to its 50w SMA, and its below its Bollinger bands on daily. - I would love to see a tag the 50w and retrace on the daily

Notice ES1! on the weekly, the regular Bollinger band is just below the 50w SMA



Short version - I am looking to Long indexes for a Technical bounce into resistance, before selling the rallies for further downside.

24 Oca 2022

İşlem aktif

Bought the 50w tag on /ES