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#NASDAQ $NQ tomorrow (NEW TITLE: changing plan after seeing the first hour...)
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NY Open Futures Trading

#NASDAQ $NQ tomorrow (NEW TITLE: changing plan after seeing the first hour...)

1205 cst

Derek William Frazier
Jul 29, 2022
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#NASDAQ $NQ tomorrow (NEW TITLE: changing plan after seeing the first hour...)
www.advisedtrader.com
  • Its time to try a short tomorrow, off of the morning opening range around 13050

  • Im pretty sure there will be a reaction that will have a scalp available

  • There is a 20 day cycle coming (or already formed) that could lead prices lower next week

  • The 40 day cycle projection is at 13000 giving weight to an exit

  • August is the projected peak of the 40 week cycle, but this can change

  • Nasdaq is weak at the open, shorting is probably best

  • Watch for Offers that hold

  • Watch for bouncing off levels a few times

  • Watch for follow through

  • Watch exactly what the volume does for each level

UPDATE: below foto depicts what the $VOLD looked like that spelled victory for longs

$VOLD holy grail day

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#NASDAQ $NQ tomorrow (NEW TITLE: changing plan after seeing the first hour...)
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Derek William Frazier
Jul 30, 2022Author

2211 cst today was successful because the $VOLD (nyse: up minus down volume) was flat all morning with increased stock participation... then started to uptrend midday. This is a rare signal to be long all day. Its a holy grail setup that one can anticipate with this one above metric and a 3 hr cycle that doesn't fail midday, confirming.

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Derek William Frazier
Jul 29, 2022Author

1408 cst $NQ turned into my holy grail setup day requiring me to further elaborate at a later date on it, cheers

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