I think we have a pretty good chance of seeing NQ between 52 and 59 before the close… Then again nothing says it has to be straight up. Edit: changed clothes to close ... dang talk to text lol
I got back in long (didn't post), but took an exit on this recent top. Too much divergence with NQ to risk more upside. I like to see participation from NQ and preferrably leading. If we sell, I'm certain we won't close below 93 today, nor fill the gap. Main scenario is more upside. Personally, it's not clear enough that I want to risk trading it though. Happy trading all. I'm done.
Care to elaborate? I don't see it. I got a sell signal myself just a few minutes ago, but due to my general up bias for today, I'm not trading it and think it might not be good for more than a decent scalp.
That's a sticking point of mine: dealing with counter-trend moves and retraces. The direction for today have been up all day long, but with deep retraces.
Here we go folks----I will hold this into the afterhours today likely. While not a massive sell signal, it has a lot of potential.
If its not massive, maybe don't trade it. No sense in trading for trading's sake. What did you say about Job earlier?