NASDAQ dump and pump before earnings?

27. Juli 2021

Following up from the idea earlier (link below) my bias is now long. There's confluence on the 0.382 area first but the most traffic is around 0.618 area as well. This could be a classic dump and pump before earnings but another way to look at it is the market makers don't expect good earnings due to delta variant cases rising. I'm more inclined to the dump and pump however we have to be reactive.

Looking forward to feedback. Thanks!