Yesterday intraday trend was neutral, but we spotted a beari...
Yesterday intraday trend was neutral, but we spotted a bearish daily chart trend! I said it will likely retest 12250 on $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ but even my own discord member was in shock!
Look what happened! Exactly as I predicted!
Today is another tricky day! CPI out in 1 hour. Will we go higher or lower? I have a rough idea! What about you?
Watch the video to know your supports and see if we rebound off it or break it tonight!
As always, trade safe & invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channel
$VIX Index Futures(DEC4) (VXmain.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $S&P 500 Index (.SPX.US)$ $NASDAQ 100 Index (.NDX.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Meta Platforms (META.US)$ $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$ $Alibaba (BABA.US)$
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W Chiang : No more rally this week
CPI for all items rises 1.0% in May; shelter, gasoline, food indexes rise
dwarrior : 3 and 10 year bond yield inverted.
W Chiang : So worried for 101... He didn't turn up here since 2 days ago market opening. Hope He didnt buy wrong side.
Investing 101 OP W Chiang : huh this was posted thursday. i only friday didnt post. because it was a melt up on vix. we spotted that since before pre market