NQ daily time frame pulled back bearish after hitting the monthly up fib extension. The futures edge members were aware of this potential bear move on Tuesday and Wednesday before the pull back Thursday. If the market holds on the inner support I am expecting a +2,000 tick bullish push. I am expecting sideways movement to form this month. So if the market U-turns at support now, this will more than likely be the support for the month. I plan on waiting until Monday to start looking for buying trades off the one our time frame. If the inner up trend line breaks (as in the market closes below the inner up trend line) I will stay out of the market and expect the market to fall towards the outer trend line where I plan on looking to buy a potential U-turn near the outer trend line.
Will be looking for it . Thanks Josh and you and the family have a great weekend !
Rashid247
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Great analysis Josh, with the educational content you have been providing on YouTube I got to analyze Nasdaq almost the same way , with the set of rules you provided me with I got to make a huge difference in my trading journey, thanx bro I appreciate
godess04
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Thanks for the heads up Josh! I am very thankful I have followed your insights and gave confidence to trade. God bless you and family! Happy weekend!
nulifenolimits
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Thanks for the update. It's really appreciated. Enjoy your holiday!
bryantegea
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thanks for the update Josh!
mlpetersen
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Awesome! Thank you for the post.
MikeLynnHu
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Thanks Josh. I am truly grateful for the education i am receiving from Traders Agency and the way you present "Do You Want To Follow The Rules". It makes a great difference in my trading.
pete01
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Thanks Josh,I always appreciate your words of wisdom, keeps me out of trouble
kendall25coleman
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Thanks Josh! Very excited to see what happens next.
trader_futures
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being pre-aware of down move helped heaps!!!, more opportunities ahead.... thanks Josh.