I know a blog mainly for ES and see a few NQ post here and there. But just FYI RTY is trading below it's monthly support (2120.70) and NQ already hit it's Monthly support a while ago (15154.50). ES monthly support is at 4410.00 and has not yet been tagged, so that's definitely an area of interest for me and a likely magnet for price, particularly if NQ starts trading under it's monthly support again.
Anyone else looking for or seeing setup for EOD long squeeze? Don't happen near as often as short squeezes obviously but this looks like decent setup to me, wouldn't mind hearing others opinions or thoughts.
Neckline kiss from under at 88 should provide R.... If we trade up to 94-95 on this leg, it has makings of an IHS buildout...
NQ has little momentum here, hoping for them to squeeze out some shorts here and than look to fade around 15328.50 and/or potentially 15353.00
Got little scalp from the 15328.50 fade... still good momentum we may get the 15353 potentially so going to take my little scalp and wait. If it goes down from here. I'll miss it. Don't want to get trapped.
I am done for the day, a tricky pony. First 35 points before 10:30. It was obviously too big a percentage drop (-1.5% on ES) not to solicit interests for dip buyers. Then became a seesaw between -1.5% to -2%. I was trapped long at 4592 and 4587, finally came back and flatten at 4594 just now, total 101.25 points on 25 contracts. It seems average 4 points per contact is a sweet spot for me lately.