snapback to 278-280 incoming
Bullish crab reversal zone starts at 274.40 and extends to 271. Note the convergence w/ the 0.5 TL from the schiff pitchfork Monday.
Yes, it's a pretty wide range... NQ/QQQ has a much clearer convergence of reversal indicators/levels so I'd look there for signs of a reversal.
Yes, it's a pretty wide range... NQ/QQQ has a much clearer convergence of reversal indicators/levels so I'd look there for signs of a reversal.
Komentarz:
.382 retrace target reached for bullish crab... Gonna add some puts here, really not much upside with 280 right above. Break back above 280 and we're probably headed for a .618 retrace.
