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UPDATE March 9

A quick post a day before jobs release. Jobs release tomorrow an hour before open. That will send the market, but until then, today should be consolidation.
Where we are currently - The price is under the mid bollinger the 50MA & 18MA, it has a negative MACD and the SLOW KD might cross over. There is also a small divergence forming.
UPDATE March 9
UPDATE March 9
UPDATE March 9
3 ways this can go.
BULLISH - we need to break 12450 and push higher. The target if price can set up here and break 12500 is 13300-13500.
BEARISH -
1.) Nasdaq runs to 12350 ish and then reverses down, settling near 12150, which is neutral. This is what I believe is most likely, as positions will want to be neutral going into jobs data tomorrow.
2.) We make a weak attempt up, probably near 12200 - 12230 before reversing down. When it breaks 11830, that's a sign we should be selling down farther.
UPDATE March 9
UPDATE March 9
UPDATE March 9
UPDATE March 9
UPDATE March 9
UPDATE March 9
how does my newest short look?
UPDATE March 9
iam out of nearly everything. Short nearly everything.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
UPDATE March 9
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