Nazzy is about to hit Trendstart. Majority of people on social media and television have a false sense of Security in the US stock market. But don't be fooled, we will atleast retest the lows of December 2018.
This recent rally in US Equities is the longest since the flash crash in 1987, this market is purely propped up by fake liquidity. The only Reason we are given this short opportunity is the relentless bidding from the Federal Reserve. Its a tough call to fight the FED, I will give it a shot.
This recent rally in US Equities is the longest since the flash crash in 1987, this market is purely propped up by fake liquidity. The only Reason we are given this short opportunity is the relentless bidding from the Federal Reserve. Its a tough call to fight the FED, I will give it a shot.
Trade active:
1st fill @ 7010
Comment:
NQ1! failed to lose the 6840 lows, therefore we have to assume the general uptrend is still working. I took profit in the 6860s. Still have 1 Contract runner left from the highs, but I am more inclined to look for longs now.
Trade closed manually:
Unfortunately my previous comment was validated. We indeed failed to lose the high, therefore we made a new high. All good, I still capitalized big on this trade. The other US indices are approaching a similar daily level soon.