I think this is the line in the sand here... for now,
and I'll give my reasons
1. Close to October lows
2. Apple bounce off 126 support , msft 234, and 110 is holding for tsla.
3. I got these fib levels using qqq all time low from October 2002 and all time high from 2021 which makes this fib level extreme..
If we break below this and hold , look out below.
I was able to scalp some apple off for 70% off the bounce
Still hasn't broke wedge support but hasn't broke above resistance either.
Draw this wedge on your own charts, if we break below 260, the next target would be wedge support.
I was looking at the NQ or nasdaq futures, man look at the money flow on the 2 hour chart; The most oversold that I've seen it in awhile which means a vicious premarket rally is coming soon
and I'll give my reasons
1. Close to October lows
2. Apple bounce off 126 support , msft 234, and 110 is holding for tsla.
3. I got these fib levels using qqq all time low from October 2002 and all time high from 2021 which makes this fib level extreme..
If we break below this and hold , look out below.
I was able to scalp some apple off for 70% off the bounce
Still hasn't broke wedge support but hasn't broke above resistance either.
Draw this wedge on your own charts, if we break below 260, the next target would be wedge support.
I was looking at the NQ or nasdaq futures, man look at the money flow on the 2 hour chart; The most oversold that I've seen it in awhile which means a vicious premarket rally is coming soon
