The way I see the NQ it has been in this ascending triangle bouncing of the orange trend creating higher lows, and failing to break 7980 resistance.
Has been coiling up for a good couple months now and looking at the wedge I don't think there is much more time before we see a break 1-2 months max.
Momentum is positive on the weekly however is looking a bit exhausted.
Has been coiling up for a good couple months now and looking at the wedge I don't think there is much more time before we see a break 1-2 months max.
Momentum is positive on the weekly however is looking a bit exhausted.