Could bounce off the 50w moving average here.
50w MA bounces can often lead to huge moves.
Nasdaq weekly chart inverted is a momentum large cap ATM and may finally go parabolic off of a bounce like this.
As a result I'm eying shorting things after the macroeconomic nerds post their inflation data.
50w MA bounces can often lead to huge moves.
Nasdaq weekly chart inverted is a momentum large cap ATM and may finally go parabolic off of a bounce like this.
As a result I'm eying shorting things after the macroeconomic nerds post their inflation data.