Yforex123

NQ1! Bearish Forecast

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
After the very high non farm payroll data but slowing wage growth as well as the unemployment rate which is still in stable numbers, the increase at the end of last week showed that investors considered good economic conditions.
apart from fundamentals, from the technical perspectives a bullish candle was formed at the weekend, but by looking at these two aspects in addition to geopolitical conditions, oil, gold, Yield, Dxy and also after looking at the volume profile indicator I speculate that there will be a reversal and will break the channel

patience, react, don't predict
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.