breakoutfakeout

Keep buying nasdaq dips

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Nasdaq appears to be in parabolic move, if we draw a channel we can see there is still plenty of upside.

NQ just keeps bouncing off every support it finds and all moving averages are extremely bullish. I would say we could go at least to 11500 and higher.

The only exception to considering shorts would be extreme divergences on the charts as we go along.

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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