Fundamental & Technical Analysis on NDQ100

Fundamental: COT report shows a rise in shorts positions continuing the past 3-4 week while simultaneously showing a decrease in longs positions held the past 4 weeks. Net positions also show a large change from 7.8K down to 535, a -88.71% change. Open interest is split between both longs and shorts with neither showing an advantage, over all OI has decreased a little

COT Report : cot-reports.com/cot-report-simplified/

Technical : From a technical prospective price action is underneath the EMAs, were getting the 3 EMA cross down the 10 EMA while Momentum is negative, and the Stochastic is underneath 50%

TP/SL: Target around recent lows with a stop above highs

עסקה פעילה:

Entered a small position targeting lows but i might be early, the COT report that comes out Friday will give more guidance.