NQ - Time again, with 1 Exception
Atualizado
Today was unusual, the last hour Ramp to new Highs did not complete.
1st Day in 3 Days.
NQ's RSI is overheating, that said, there is room left on the Burner.
They attempt to Cool it off by Ranging it during Globex in order to
Setup the shove higher again tomorrow.
Measured Move Indicates @ 16681 Price Objective, 16500 will have a
large reaction, after today's extension, failed to reach 16456.
*** Of Note, the VX Complex remains completely controlled. As the
VXN was trading its Highs today on several Occasions... The NQ was
at or very close to its Highs.
Generally speaking, this usually occurs prior to reversals as the ARBs
eat themselves, gorging on the Prop and HFTs competing for Positon.
Trading the Reversals on TIME works, it requires waiting for the Setup
to arrive, but it does work for now.
Friday's are a different animal altogether.
The FED was Johnny on the Spot today with 6.24Billion in Cheese.
____________________________________________________________
NQ RSI Is of concern as are the large Divergences forming.
Patterns closely resemble those prior to the most recent 7% decline.
The Structures can complete Monday or Tuesday.
This Toss Over has been interesting to manage, SELL out Months while
Buying Front Month Underlying - not the Type of Trading we enjoy, but
take what we are provided.
____________________________________________________________
The Equity Complex is a complete Mess, driven by greed and Options.
QCOM reports a 56% increase during the Chip Shortage.
Cost of Sales continues to rise... CASH diminished again.
Unsure what they are selling, as Outsourced production to TSM and
Samsung is well behind on Deliveries.
Fraud, Deceit, and Lowered Guidance.
I find Q3 EPS, extraordinarily Suspect on all Levels.
Lose $6 to $8 Billion in Sales, but beat lowered guidance...
Call BS on the frauds, not that it'll do a lick of good:)
1st Day in 3 Days.
NQ's RSI is overheating, that said, there is room left on the Burner.
They attempt to Cool it off by Ranging it during Globex in order to
Setup the shove higher again tomorrow.
Measured Move Indicates @ 16681 Price Objective, 16500 will have a
large reaction, after today's extension, failed to reach 16456.
*** Of Note, the VX Complex remains completely controlled. As the
VXN was trading its Highs today on several Occasions... The NQ was
at or very close to its Highs.
Generally speaking, this usually occurs prior to reversals as the ARBs
eat themselves, gorging on the Prop and HFTs competing for Positon.
Trading the Reversals on TIME works, it requires waiting for the Setup
to arrive, but it does work for now.
Friday's are a different animal altogether.
The FED was Johnny on the Spot today with 6.24Billion in Cheese.
____________________________________________________________
NQ RSI Is of concern as are the large Divergences forming.
Patterns closely resemble those prior to the most recent 7% decline.
The Structures can complete Monday or Tuesday.
This Toss Over has been interesting to manage, SELL out Months while
Buying Front Month Underlying - not the Type of Trading we enjoy, but
take what we are provided.
____________________________________________________________
The Equity Complex is a complete Mess, driven by greed and Options.
QCOM reports a 56% increase during the Chip Shortage.
Cost of Sales continues to rise... CASH diminished again.
Unsure what they are selling, as Outsourced production to TSM and
Samsung is well behind on Deliveries.
Fraud, Deceit, and Lowered Guidance.
I find Q3 EPS, extraordinarily Suspect on all Levels.
Lose $6 to $8 Billion in Sales, but beat lowered guidance...
Call BS on the frauds, not that it'll do a lick of good:)
Comentário
When the 9 hits the 21, it will Squueze again
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.