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	Comments on: Stock Futures False Breakout Scenario In Play	</title>
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		<title>
		By: Nana		</title>
		<link>https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10050</link>

		<dc:creator><![CDATA[Nana]]></dc:creator>
		<pubDate>Thu, 05 Mar 2020 17:11:59 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10049&quot;&gt;rsotc&lt;/a&gt;.

&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt; Thanks Randy. So next support at 8710 or please let us know your thought..]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10049">rsotc</a>.</p>
<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> Thanks Randy. So next support at 8710 or please let us know your thought..</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10049</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 05 Mar 2020 16:35:44 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10048&quot;&gt;rsotc&lt;/a&gt;.

Here&#039;s that previous along with the updated 2-min &amp; 5-min /ES &amp; /NQ chart mosaic, showing both breaking out above the ES 3060 &amp; NQ 8807 R levels concurrently, which trigger the rally up to the next targets/resistance levels of ES 3081 &amp; NQ 8860 where they are now &amp; when a pullback is likely.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10048">rsotc</a>.</p>
<p>Here&#8217;s that previous along with the updated 2-min &#038; 5-min /ES &#038; /NQ chart mosaic, showing both breaking out above the ES 3060 &#038; NQ 8807 R levels concurrently, which trigger the rally up to the next targets/resistance levels of ES 3081 &#038; NQ 8860 where they are now &#038; when a pullback is likely.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10048</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 05 Mar 2020 15:35:03 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10043&quot;&gt;Nana&lt;/a&gt;.

Sure. As of now (10:22 am), I have some new (revised) &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; lines on the QQQ &amp; SPY 60m charts from Friday&#039;s lows that also catch Tuesday&#039;s &amp; (so far) today&#039;s lows. The near-term trend will remain intact until/unless Tuesday&#039;s lows are taken out with conviction &amp; I&#039;ve been watching/trading off these 2-minute (bottom) &amp; 5-minute charts on /ES &amp; /NQ today, with /NQ just hitting resistance &amp; /ES taking out resistance.
 Those charts are for micro-trades (quick day trades) so for most swing traders, the key levels to watch should be these revised uptrend lines on the SPY &amp; QQQ 60m chart, today&#039;s lows, Tuesday&#039;s lows (bearish if/as each of those are taken out) and yesterday&#039;s highs (bullish, if taken out). Anything much in-between that is really just &#039;noise&#039; for a swing trader.
 Still anyone&#039;s game (bulls or bears) and with those two successful test of that uptrend line today, I have to say that goes in the favor of the bullish case. Things could change but for now, we could be looking at more upside today, quite possibly a run at yesterday&#039;s highs &amp; if so, I&#039;d say there is a good chance those resistance levels will be taken out if we get there again.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10043">Nana</a>.</p>
<p>Sure. As of now (10:22 am), I have some new (revised) <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> lines on the QQQ &#038; SPY 60m charts from Friday&#8217;s lows that also catch Tuesday&#8217;s &#038; (so far) today&#8217;s lows. The near-term trend will remain intact until/unless Tuesday&#8217;s lows are taken out with conviction &#038; I&#8217;ve been watching/trading off these 2-minute (bottom) &#038; 5-minute charts on /ES &#038; /NQ today, with /NQ just hitting resistance &#038; /ES taking out resistance.<br />
 Those charts are for micro-trades (quick day trades) so for most swing traders, the key levels to watch should be these revised uptrend lines on the SPY &#038; QQQ 60m chart, today&#8217;s lows, Tuesday&#8217;s lows (bearish if/as each of those are taken out) and yesterday&#8217;s highs (bullish, if taken out). Anything much in-between that is really just &#8216;noise&#8217; for a swing trader.<br />
 Still anyone&#8217;s game (bulls or bears) and with those two successful test of that uptrend line today, I have to say that goes in the favor of the bullish case. Things could change but for now, we could be looking at more upside today, quite possibly a run at yesterday&#8217;s highs &#038; if so, I&#8217;d say there is a good chance those resistance levels will be taken out if we get there again.</p>
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		<title>
		By: Nana		</title>
		<link>https://rightsideofthechart.com/stock-futures-false-breakout-scenario-in-play/#comment-10043</link>

		<dc:creator><![CDATA[Nana]]></dc:creator>
		<pubDate>Thu, 05 Mar 2020 14:41:15 +0000</pubDate>
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					<description><![CDATA[&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt; Please can you let us know your thought around 10.30 on MArket..]]></description>
			<content:encoded><![CDATA[<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> Please can you let us know your thought around 10.30 on MArket..</p>
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