Nasdaq Bottom Potential

6 Ağu 2019

August 5th wide ranging candle was 2x NTR. Represents extreme selling and likely cannot be sustained.

Gap down on Aug 6 NQ futures indicates further extreme selling readings. Expecting NQ gap down to be somewhat repaired by market open Aug 6 and bottom possibly in place.

Could be dead wrong of course!

6 Ağu 2019

Not

Meant to say “ATR” (average true range)

14 Ağu 2019

Not

Retest of bottom here

TLT topped out

Good end to week is likely

16 Ağu 2019

Not

Good end confirmed.

TLT definitely topped. Stage is set for a large rally.

23 Ağu 2019

Not

Last NQ gap fill.

Wow, what a choppy bottom.

Likely in place here. Bonds retest top.

1 Eyl 2019

Not

One final gap down before solid uptrend here I think