West Texas Oil
Largo
Actualizado

Where will NQ go today(March 4th, 2021)

In this 10 minutes video, I discussed where the NQ might go after yesterday's drop. Some highlights are as below:
1. Price is coming down to a key support zone (Weekly & daily)
2. Two possible scenarios
3. Review some trading opportunities on 5 min and 1 min in the overnight session(mainly Asian session)
4. Check US 10Y yield and crude oil(linked with inflation) to predict today's move



Nota
It's approaching the key zone. Let's watch!
imagen
Nota
This is 1m chart. After the opening, momentum to the upside is weak. Now I observed a good sign on 1m.
imagen
Nota
Alright. Things started to change from the 1m chart. We got buyers in who pushed price into higher level.
imagen
Nota
imagen
Nota
The chart shows how momentum changed and trade ideas. But I was sleeping and unable to catch the opportunities.
imagen
Nota
China market opened lower as expected, then some buyers came in. I also observed bullish formation on NQ(5m chart).
imagen

Exención de responsabilidad