$E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$$Invesco QQQ Tr...
$E-mini NASDAQ 100 Futures(SEP4)(NQmain.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $NASDAQ 100 Index(.NDX.US$ looks like NDX did hit a bottom for the day at 15550 which was previous low on 3rd Dec and reversed up midday as I mentioned in my previous post. Opened a long position at 15540 last night and will close once it shows signs of weakness at resistance. The technical rebound should start here till before Xmas holidays. We should see ndx going up to retest 15760 to fill imbalance or even 15900 before pulling back down.
If the pullback down forms a higher low, it could be a good risk to reward set up for a long position as the selling could be over. But if it breaks, the next leg down can take us to 15300 or even 14950.
As always trade safe and invest wise!
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Investing 101 OP : Ndx hit 760 gap fill. On 230 point profit now. If it doesn't break to go 15900, be cautious of it falling down.
Investing 101 OP : Ndx futures retested 15800s. Filled imbalance at 760. Closed my longs after it broke structure on H1 Chart. Shorting now. TP will be at 15550 again or 15300 if it breaks 15550.