Saturday, March 11, 2017

Nasdaq (update)

First off, I’ve moved my analysis to the June contract.  Second, we are still trading within my overall Fib resistance zone.  So, any signs of a top can trigger a bearish position.  Third, there’s a pocket of solid overhead resistance towards the top of my overall zone @ 5423 to 5540.  This could present the ideal short trade.


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