This is the point of Control (most traded price) since the COVID crash.
Looks the same for the /YM Dow Jones continuous front month contract.
Why does this matter?
Because that is where the market stopped for COVID Crash - the point of control going back to 2008 GFC. (which I realized 6 months later) But NOT this time!
With that said - the /ES Futures are not quite to there - but interestingly and check yourself on a daily time frame the /ES Futures is at .618% Fib retracement.
That folks is confluence.
I'll it there for all to consider.
Looks the same for the /YM Dow Jones continuous front month contract.
Why does this matter?
Because that is where the market stopped for COVID Crash - the point of control going back to 2008 GFC. (which I realized 6 months later) But NOT this time!
With that said - the /ES Futures are not quite to there - but interestingly and check yourself on a daily time frame the /ES Futures is at .618% Fib retracement.
That folks is confluence.
I'll it there for all to consider.
Trade ativo
Nailed it - although not sure anyone noticed. We're almost at 20000 on NQ now. Next target is 20400 
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.
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.