Tough market on Nasdaq
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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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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
Tough market on Nasdaq
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.