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Tough market on Nasdaq

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Tough market on Nasdaq

0957 cst

Derek William Frazier
Aug 29, 2022
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Tough market on Nasdaq

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It's pretty clear that NASDAQ is going through a beginning of a down move now. It went up and tapped the gap from Friday and is now driving through 12,500 on decent volume. The overnight low has not been broken but a move back up through 12,500 would be a market manipulation that ultimately will be sold off. I believe that the target coming quickly is 12,250

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Tough market on Nasdaq

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Derek William Frazier
Aug 29, 2022Author

1347 cst long trade idea is that this is the bottom of the weekly buying tail

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Derek William Frazier
Aug 29, 2022Author

1005 cst It has a lot of chop and wants to rally off the premarket low now, so, Im not excited about today at all; long ranging chop day. back and forth for scalps only.

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