As title, NQ ES prepare for a CRASH 20%
NQ target 9200
ES target 3300
Facts:
*ES break down the 3495 level, the targets on NQ/ES as above;
https://tradingview.sweetlogin.com/x/uglR2rLP/
This is my idea for my own trade.
NQ target 9200
ES target 3300
Facts:
- NQ rejected the Value of 2021 Range 16,600-13,600 ;
- NQ Bearish confirmed the break out (June 2022) of P-shape Volume Profile of 2021;
- NQ failed re-test back in value August 2022;
- NQ current break the low of June 2022 low;
*ES break down the 3495 level, the targets on NQ/ES as above;
https://tradingview.sweetlogin.com/x/uglR2rLP/
This is my idea for my own trade.
Note
Update quoted from CNBC with JPMorgan Chase CEO Jamie Dimon October 10, 2022 cnbc.com/2022/10/10/jpmorgan-jamie-dimon-warns-us-likely-to-tip-into-recession-soon.html[Dimon said the benchmark could yet fall by “another easy 20%” from current levels, adding that “the next 20% would be much more painful than the first.”]
Note
NQ reaching 10,500 a level initial reaction to bear marketNote
ES does not get below 3495 note on my idea, NQ get to the level 10,500 and showing the Bear trap (learn more about look up my idea on Bull/Bear Trap)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.