NQ1 - Rate Cut Dip Buy Part 2
מעודכן
I clicked "trading closed" or whatever on the previous thread so its easier to start another one, but look back for previous detail if you like...
...
NQ1
Quite a wild little period here as you're busy preparing for Christmas 😅.
But this is now a juncture where the wild downside may be coming to an end.
...
Nice little bounce so here and its a weak 1:0.618 extension.
So this tells us that there could be a significant bounce coming.
Didn't quite hit support but front running is common with bullish indexes.
...
Remember that although this is a long term 1.618 reaction that has historically led to major collapses, this area may also be post rate cut volatility.
And so there is the possibility that the first wave of whipsaw is completing.
If that is the case then we may see some strong bullish action.
I think there is a reasonable chance that we may see a V shaped recovery.
Though there can be minor pull backs along the way
Up and up from here 👍.
Not advice
...
NQ1
Quite a wild little period here as you're busy preparing for Christmas 😅.
But this is now a juncture where the wild downside may be coming to an end.
...
Nice little bounce so here and its a weak 1:0.618 extension.
So this tells us that there could be a significant bounce coming.
Didn't quite hit support but front running is common with bullish indexes.
...
Remember that although this is a long term 1.618 reaction that has historically led to major collapses, this area may also be post rate cut volatility.
And so there is the possibility that the first wave of whipsaw is completing.
If that is the case then we may see some strong bullish action.
I think there is a reasonable chance that we may see a V shaped recovery.
Though there can be minor pull backs along the way
Up and up from here 👍.
Not advice
עסקה פעילה
If you want more content like this then a BOOST shows me that you're interested and gets my ideas up the TradingView listings where more site users will see it 👍הערה
Moving on up.
Could be further chop but looking great here.
This might just be a V shaped recovery into a very wild next wave up ❕
Have a great Christmas 🎄☃️
הערה
Haven't updated this thread for a little while, but a 3 wave 1:0.786 correction appears to now be complete and this breakout from the year open has a good chance to be the be the next wave up 👍🏻.
I'm going to take a break from posting here for a while...
Though I may pop in for an occasional update here and there.
Its part of what I do these days.
And no doubt I'll be back again sometime down the road...
Good luck in your trades ✨👋🏻
I'm taking a break from TradingView👋🏻.
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
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