I am looking at NQ. We have some buyings in premarket, however, I am not really positive for the moment. Daily charts, we had a small range candle last Friday, and closed at moving average. 60-min chart, we are at support level 1800.75, and it is kinda negative from the view of Adjusted TRIN and […]

I did not have an entry setup during the explosive move in the opening. Feeling tired. I will call it a day since this is options expirations week, and NQ is staying flat since 1030am (NY time). I am out today. btw, please cast your vote at the side bar. I am alway curious how […]

Options! expiration Thursday. Options! I don’t know Options! I am looking at Nasdaq daily chart, It looks like we are heading to 20 SMA. Coincidentally, Downtown trader is kinda sharing the same view. From 60-minute chart of NQ, trend started turning down and sellers kicked in. So far, I am interested in looking for short […]

We are getting some sell off of NQ in premarket session. We are having a gap down in the opening of cash market. From the data of past 3 days, we have a UP, a FLAT, and today..DOWN? Let’s see if we are breaking out from the small range formed yesterday. Previous High: 1862.75 Previous […]

There seems to be some weakness in premarket action. At least, I am looking at some selling of NQ in premarket. Overall, I am still positive on NQ. Opening weakness might provide some opportunity to go long. Patience is required now. Summary: Previous high: 1863 Previous low:1845.5 btw, I have finally changed the look of […]

I am trying to write a post every morning to prepare myself before start a trading day. Well, I am trying. Let’s see how it goes. Today I am a little bit late though. I am looking at NQ (E-mini Nasdaq-100 futures). From daily chart, 60-min chart to 5-min chart, I am still rather positive. […]