UPDATE, Oct 3
Another update quicky
Overall, I don't want to buy anything here. I'm also big bearish overall.
there are the levels. the NQ is building a triangle. below 14906 and look for more downside. above 15030 and look for more upside.
358.5 is the lower support for today with the high target today of 365. 361 keeps price within the triangle.
Yields up = Metals down. and yields will go up.
working on a cup and handle. Look for a pullback to the 86 to 80 price range. if it holds there, I expect a move up towards 130. If it fails, then the downside is the 68-69 range.
Livermore Cylinder. UP, UP, UP (with some drastic downs, after all this is the widowmaker😆).
We could definitely squeeze up in the short term. I'm not prematurely betting on it. I'll ride it if we get an upswing, but iam short overall.
In the future, I want more commodities, but not yet.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment