English
Back
Download
Log in to access Online Inquiry
Back to the Top

$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$$ProShares Ultr...

$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$  $Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$
As mentioned yesterday, NDX will have to break 16450 otherwise we were going to head down to retest 15700 and possibly even 15500. If we break the 15500 lows, we may see 15200-15300 in play.

We did tried breaking it during pre market and failed. Which was a good signal to open a short position. I closed out my longs from 15800 the day before and initiated short positions and covered at 16020.

We may see NDX retracing up to 16125 today but that is not a bullish sign. It might be just a pullback before heading down to break 15700s to retest 15500 again.

Take note it is quadruple witching day today and the stock market is going to be extremely volatile. If you do not know what you are doing it is better to stay out of it and wait till next week.

As always trade safe and invest wise!

Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
44
+0
5
Translate
Report
135K Views
Comment
Sign in to post a comment
Search Investing 101 channel for my YouTube! Subscribe to stay ahead of the market with my weekly videos!
12K
Followers
7
Following
80K
Visitors
Follow
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More