Comments on: Potential Falling Wedge On /NQ 60-Minute Chart

By: MichelMayer

MichelMayer — Fri, 01 Jul 2022 11:38:39 +0000

what a nice chart you send us, very comprehensive, let’s hope a nice rally

By: JBAINVEST6

JBAINVEST6 — Thu, 30 Jun 2022 15:20:15 +0000

The huge red candle of CGC could be an exhaustion candle. Seems to me Weed should be big later this year politically. Last time I posted about an exhaustion candle it was BTU at 80 cents and everyone thought I was crazy.

By: @GEOTRDR

@GEOTRDR — Thu, 30 Jun 2022 14:47:37 +0000

Like I said yesterday…down day today :) Randy, send me your personal email ……

By: wrrouman@gmail.com

wrrouman@gmail.com — Thu, 30 Jun 2022 14:09:04 +0000

In reply to becky. We broke the 78.6 Fib retracement line of the previous lows. Probabilities suggest we will not take out the highs of last Friday now. Any rallies should be shorted and meaningful new lows are on the horizon in July according to the money flow cycles that I chat.

By: greg111

greg111 — Thu, 30 Jun 2022 13:48:43 +0000

In reply to becky. nice chart

By: becky

becky — Thu, 30 Jun 2022 13:43:50 +0000

In reply to becky. ES hourly with AH also looks quite swell with that tiny little divergence. The chart is delayed, we're somewhere around 3756 right now. Nothing I see here is bullish. Big gap down today.

By: ajp17

ajp17 — Thu, 30 Jun 2022 13:41:34 +0000

In reply to becky. I just mentioned it on the last thread, too. But, I think we have a nice head and shoulders patter, too.

By: becky

becky — Thu, 30 Jun 2022 13:39:44 +0000

In reply to becky. Two charts to compare with AH trades and without from my brokerage. Two different pictures. Also NQ is at the gap around 11463 - 11357 or so. If not option expiration I think this thing would drill to 11253 if what we have is a bear flag.

By: jmccallum

jmccallum — Thu, 30 Jun 2022 13:38:55 +0000

YIKES!

By: becky

becky — Thu, 30 Jun 2022 13:36:09 +0000

Yeah but that’s only with pre-market data which is considered to be low volume drift compared to regular hours. If you turn off pre-market data, NQ looks plungy on momentum indicators on 15m charts. I covered short earlier today and will wait for thing to settle a bit + someone mentioned option expiration on Friday.