Nasdaq 100 Futures Possible HEAD + SHOULDERS REVERSAL to 7215.00

Nasdaq 100 Futures ( Sept.18' NQU18 )
Have an EXACT Potential Head and Shoulder's REVERSAL Pattern in place, and building
on my 120 Minute ( 2 Hour ) OPEN chart.

Because the OPENS are at KEY IMPORTANT TIMES/ DATES, BEARISH REVERSAL POTENTIAL is MAGNIFIED !

1. 7293.00 Left Shoulder OPEN Sunday 7/29 6pm EDT ( Weekly Open )

2 7295.75 Head OPEN Monday 7/30 9 am EDT ( Near Start Trading NYSE OPEN)

3.7293.00 Right Shoulder OPEN Wed 8/1 6pm EDT ( Apple"s Earnings )

For those unfamiliar, a Head and Shoulder's Reversal Pattern, is a WARNING
that the bullish trend in force prior may reverse to the downside, if the neckline ( Support) is violated.
The neckline ( Support) on the Nasdaq 100 Futures H+S Pattern currently is at 7255.00.

Downside Risk Projects to 7215.00 MINIMUM , if Support is Violated,
and with it would come a resumption of the "free fall "decline in Nasdaq 100

THE_UNWIND

Yorum:

4 Hour Head and Shoulder Bearish Reversal Pattern
looks to execute on NDX on the Open on 8/2/18.

Simply put, that will put another 40 point price area,
this time between 7295-7255 as a "Bull Trap" price zone.

Minimum Downside Target continues to be 7215

THE_UNWIND

THE_UNWIND

Yorum:

8/2 947 am
NDX has just opened at 7221.35,
making a higher low than reaction low of 7195.23 on 7/30.

COVER SHORTS, and wait to judge the quality of this rally,
NEUTRAL POSITION

THE _UNWIND

Yorum:

8/2 1100 am EDT

NDX BOTTOM IS IN
at the OPEN 7221.35 on 8/2

Trend is LONG. UNTIL FURTHER NOTICE.

THE_UNWIND