Nasdaq Bottom Potential

6 באוג׳ 2019

August 5th wide ranging candle was 2x NTR. Represents extreme selling and likely cannot be sustained.

Gap down on Aug 6 NQ futures indicates further extreme selling readings. Expecting NQ gap down to be somewhat repaired by market open Aug 6 and bottom possibly in place.

Could be dead wrong of course!

6 באוג׳ 2019

הערה

Meant to say “ATR” (average true range)

14 באוג׳ 2019

הערה

Retest of bottom here

TLT topped out

Good end to week is likely

16 באוג׳ 2019

הערה

Good end confirmed.

TLT definitely topped. Stage is set for a large rally.

23 באוג׳ 2019

הערה

Last NQ gap fill.

Wow, what a choppy bottom.

Likely in place here. Bonds retest top.

1 בספט׳ 2019

הערה

One final gap down before solid uptrend here I think