Triangles everywhere. I love triangles! 😍 Because they lead to breaks, sometimes big breaks. They can break OUT or DOWN. And the safe play is to wait for it to confirm a direction, then ride it...
But iam a little reckless. i closed a few positions and opened a few more. Leaving the comfort of neutrality and maybe anticipating a direction😉
we should be in C wave up towards 13500+. This should run to ~12850 (we are there now) before pulling back. C waves are a 5 wave pattern (Up-down-UP-down-UP) at 12850 NQ should complete the first UP or wave 1. Wave 2 should retrace (as long as it doesn't make a new low) back to the breakout point, probably near ~12700. THEN, wave 3 up. wave 3s are long and strong.
Short and sweet, again sorry it's so short. I fell asleep and just woke up.😴 A big move is underway!
Be Safe, Be Careful, Be Wise
and as always
Good Luck
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
S Punt : Was waiting for your commentary - Thx!
FaqnDeath99 : Love a good ‘They Might be Giants’ reference with my morning update
iamiam OP FaqnDeath99 : YES!
Siqi Lei : apparently APPL GOOG MSFT TSLA are exhausting. For NVDA not sure, too crazy
Siqi Lei : Lets short TSLA! Lossing its ground in CHINA :)
iamiam OP : new NQ target is ~13250, not 13500+. we look to be burning up