The lower targets of NQ are still 12600 & 12400. The 4 Index chart (attached) shows (White Line) as potential reversal targets. The Russell is there and may help to reverse course. The 10YN looks to currently have support at current level. We should see a bounce with indexes, after a further pull back. Going with similar to yesterdays call.
Trade active:
10YN is Up and Int Claims reported drop, may see run pre open or wait for drop should you look to go Long.
Trade active:
Under 12800 Look Short and above look Long. Russell is struggling.
Trade active:
12715 should hold and break above 12760 should confirm upper Long target.
Testing area for next move.
Testing area for next move.
Trade active:
Long Trade at Low target 12640 looks good, use close stop and wait for confirm.
Trade active:
Reversal Targets of other Indexes 'Close Hit", NAZ struggling to bounce, TS
Trade active:
Test confirmed, stay Long
Trade active:
Break above 12715, 1st target 12814. Original Upper Target may be a stretch
Trade active:
Still testing Low end, caution if Long.
Trade active:
Should be all clear, the Russell did Turn and is leading the Run Up. Update below as compared to this morning.
Trade active:
10YN doing damage, FANG under pressure.
Trade active:
has to pass 12814, then 12900
Trade closed manually:
The attached is the Long to Target x 2, no pass (sell). May go back to 12640 or 12600 and try again if not by close, FANG mixed. See divergence here, hard to read direction.