The A/D Line on the LArger TF is unable to recover the 50 Line... a Negative Longer-term signal.
Short term Entry remains the focus for now, and why the squeeze will be short-lived.
The VIX, after a near 14% decline, has historically reversed. Another crosscurrent to add to the Mix, with further Risks... Last week the VX complex was hammered hard.
A/D is illustrating broader swing, this appears to be HFT and ALGO movement back and forth using Select Sectors and Equities to keep Price Momentum moving Higher.
This type of action is an indication of extreme danger it is associated with a late-stage distribution(s).
4785 / 4790 on broadening rotation appears to be the correlated Price Objective.
For NQ it would correlate to a large squeeze towards 17,055.
On the surface, the NS spiking to 17K "appears" unlikely in the extreme.
Given AAPL completed an 8/8 indicating the potential for Price to move sharply lower, it's a very mixed bag.
Signals are all over the place, but at this time, they are in fact pointing up.
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