Tough market on Nasdaq
www.advisedtrader.com
Tough market on Nasdaq
0957 cst
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
1347 cst long trade idea is that this is the bottom of the weekly buying tail
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.