Traders Agency > Trendlines > Page 7
Good morning, Traders! It’s been an interesting few days in the market. Right now, we’re looking to the Nasdaq 100 E-mini futures market (NQ) to see if it can break the counter trendline and move bullish again. So far, we’ve seen it break into the sell zone with a false reversal, the move back into …
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Good morning, Traders! We’ve seen the market dip over the last 24 hours, but that doesn’t mean it’s time to pack up and get out of trading! We could see some nice opportunities to buy futures and turn a profit. And that’s what I’m seeing with the E-mini Russell 2000 (RTY) right now. Currently, the …
The post The right way to prepare your entry appeared first on Josh Daily Direction.
Good morning, Traders! The Nasdaq 100 e-mini futures market (NQ) has finally broken the counter trendline and is entering bullish territory in the buy zone! I’ve been watching this market for some time, as it kept getting closer to that counter trendline. Now, as our timeframe analysis will show, the market has pushed into the …
The post This market just made a critical move appeared first on Josh Daily Direction.
Good morning, Traders! It’s now or never for the Nasdaq 100 e-mini futures market (NQ). The market is in an uptrend as it’s broken into the buy zone and hit a known level of U-turn. But if the buyers are going to take over the market and push it into a bullish rally, now is …
The post Will buyers take over this market? appeared first on Josh Daily Direction.
Good morning, Traders! Today I’ll take a look at the Nasdaq 100 E-mini futures market (NQ) as the overall direction for that market is up for both the long-term and short-term. At this point, we’re waiting for the market to break bullish through the counter trendline and move into the buy zone. Once that happens, …
The post This is why trendlines are so important appeared first on Josh Daily Direction.
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Trendlines are drawn on charts to link a set of prices or help identify the best-fit data The resulting graph gives the investor a clear indication of where the investment’s worth may be headed.
A trendline is drawn either above or below a low price pivot to illustrate a trend Downtrends reflect a visual cues and support/resistance in every timeframe Those indicators display market course and trends through times of price decline
Just waiting on that bullish turn
Good morning, Traders! Yesterday, I gave an update on the Nasdaq 100 E-mini futures market (NQ). Today, we’ve seen some encouraging movements from the NQ. While the short-term direction is still down, we see signs that the market is starting to break that short bearish trend. The market didn’t break through the up trendline, and that’s certainly …
The post Just waiting on that bullish turn appeared first on Josh Daily Direction.