NQ failed on a breakout attempt last Friday morning. It hit the top end of supply and trendline resistance at the same time, right before consumer sentiment data was released. Price precedes news.
Here are some bullish and bearish scenarios I'll be watching for this week.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.