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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: tntpal who wrote (43142)11/14/2021 3:25:52 PM
From: Sun Tzu1 Recommendation

Recommended By
tntpal

  Respond to of 97342
 
Anytime!

PS The fibs I published and used last week remain valid into this week. So keep your eyes on those key levels.



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

Recommended By
ajtj99
tntpal

  Read Replies (1) | Respond to of 97342
 
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).