@NTLiveStream Look at Germany 2yr chart, the breakout is concerning, totally different from US 2yr chart, selloff in Europe bond spilled over to equities
@NTLiveStream I just noticed German 2yr jumped to new highs yesterday after ECB while US yields barley moved, German 2yr continued to rise today. Any thoughts on this?
@NTLiveStream The problem for the breakout scenario is no sign $NDX can get going before year end. Not many bullish charts for tech stocks. May have to wait til earning season. But, positioning is very light so probably not breakdown either. Stuck in 3900 to 4100.
@Braczyy Hi Bracco, you mentioned your mentor's mentor had a risk mgmt video about building a case before entering a trade. Could you share that video? thanks,
$spx 5 mins negative divergence for short entry. $spx cannot move above 3953 pivots meaning the little bounce maybe over. waiting lower level for a bigger bounce.
$SPX broke upside trend line yesterday. now moving in a downtrend. 2hr still not oversold. next support level around 3900. wait for first meaningful bounce after 2hr RSI oversold.