Nasdaq Bottom Potential

٦ أغسطس ٢٠١٩

August 5th wide ranging candle was 2x NTR. Represents extreme selling and likely cannot be sustained.

Gap down on Aug 6 NQ futures indicates further extreme selling readings. Expecting NQ gap down to be somewhat repaired by market open Aug 6 and bottom possibly in place.

Could be dead wrong of course!

٦ أغسطس ٢٠١٩

ملاحظة

Meant to say “ATR” (average true range)

١٤ أغسطس ٢٠١٩

ملاحظة

Retest of bottom here

TLT topped out

Good end to week is likely

١٦ أغسطس ٢٠١٩

ملاحظة

Good end confirmed.

TLT definitely topped. Stage is set for a large rally.

٢٣ أغسطس ٢٠١٩

ملاحظة

Last NQ gap fill.

Wow, what a choppy bottom.

Likely in place here. Bonds retest top.

١ سبتمبر ٢٠١٩

ملاحظة

One final gap down before solid uptrend here I think