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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: tntpal who wrote (43142)11/14/2021 9:32:51 PM
From: Sun Tzu2 Recommendations

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ajtj99
tntpal

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It occured to me while studying the chart over the weekend, that NQ may have made a head fake and be heading down overnight. Alternatively, it could go down, hit the support and bounce up. Or Europe can start taking it up around 3:30 AM. This is why I said much depends on how it behaves until Tuesday noon. At the moment, even though the futures are up/flat, it is looking like it will head south. But it is far from certain. Unless your own intuition and indicators are telling you otherwise, it may be wise to wait and see which way the trend will resolve. I would not want to see NQ not recover if it falls below 16200 by 10:30AM (remember that level?) and I certainly do not want to see it stay below 16650 (the other key level).
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