Nasdaq Bottom Potential

2019年8月6日

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!

2019年8月6日

ノート

Meant to say “ATR” (average true range)

2019年8月14日

ノート

Retest of bottom here

TLT topped out

Good end to week is likely

2019年8月16日

ノート

Good end confirmed.

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

2019年8月23日

ノート

Last NQ gap fill.

Wow, what a choppy bottom.

Likely in place here. Bonds retest top.

2019年9月1日

ノート

One final gap down before solid uptrend here I think