Magnelibra Trading & Research

Magnelibra Trading & Research

NQ Holds 10900 Again!

Mike Agne's avatar
Mike Agne
Sep 17, 2020
∙ Paid

How long can they keep this up??? As we sent out our NQ chart yesterday and we drew the all important turquoise blue dashed horizontal line, we couldn’t help but think a test of it was in short order. Well today they tried and once again bounced, but will this lead to another jump up to 11550? Perhaps, but as each day goes on it seems to us the selling pressure continues to sell into rallies:

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DISCLAIMER: For educational purposes only. This is not a solicitation to buy or sell commodity futures or options on neither commodity futures. The risk of trading securities, futures and options can be substantial and is not for everyone. Such investments may not be appropriate for the recipient. The valuation…

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