/NQ charging towards the 1st price target on the 2-hr chart following yesterday’s wedge breakout & today’s “Goldilocks” job report. Objective long entry or add-on will come if we get a post jobs report fade of this pre-market pop back to the 12225 support (likely, IMO).. Previous & updated 120-minute charts below.
NQ 120m Sept 1st
NQ 120m Sept 2nd
Likewise, /ES (S&P 500) is also charging towards the 1st price target on the 2-hr chart following yesterday’s wedge breakout & today’s “Goldilocks” job report. Objective long entry or add-on will come if we get a post jobs report fade of this pre-market pop back to slightly above the 3950 support (likely, IMO).
ES 120m Sept 1st
ES 120m Sept 2nd