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WadeYendall

NQ/QQQ Weekly Level (Dec 27-30)

NASDAQ 100 E-mini terminer (CME_MINI:NQ1!)  
WadeYendall Uppdaterad   
CME_MINI:NQ1!   NASDAQ 100 E-mini terminer
Trend Analysis Chart Patterns Fibonacci
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trendanalysis chartpattern fibonacci
Just a quick post of the NQ. Still watching the small channel within the larger down trend channel. the bottom touches are important. If recent lows do not hold a trip to the Oct 13th low is possible. Below that we are looking at potential move all the way to the 2020 peak. Expect thin trading and unexpected moves. Not a bad time to take a break from trading and focus on resetting for the new year.
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Could not regain the channel so move to Oct 13th low is likely. Below that look for support come in at the lower trendline then 2020 peak.
snapshot

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