NQ PCE Rejection
PCE came in mostly as expected and some numbers were even cooler than expected. I thought this would likely spark a rally,.but so far NQ is rejecting off the top end of an ascending wedge. We'll see.how.things play out, 20k is still my line in the sand, will be watching the highs from premarket and the lows from earlier in the week.
Short Thesis:
advancedplays.com/short-thesis.pdf
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!
advancedplays.com/short-thesis.pdf
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!
Related publications
Disclaimer
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.