CME_MINI:NQH2020   E-mini Nasdaq-100 Futures (Mar 2020)
Hey there:
It's me again. Hope you have read my post yesterday and loaded up with shorts. Would've been a huge bag of profit if you listened to my advice. Back to the chart. As I mentioned yesterday, that falling below 9100 will create a free fall, and that did happen. However, I want you to look at the last possible stop of this falling trend, and that is price 8678. This is pretty much the lowest level of year 2020, and I think there might be some possible bounceback from that level, either psychologically, or technically. My suggestion now is to cash out around 75% of your shorts, and patiently wait and see if NQH could drop to 8678. If so, wait the trend. If the trend is negative and this level broke like a glass, then short, short by a lot, and I guarantee you, that you are going to earn a lot of $$$.

Peace
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.