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NASDAQ 100 E-MINI Futures (CME_MINI:NQ1!)

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CME_MINI:NQ1! NASDAQ 100 E-MINI Futures

chartpattern indicator measuredmove correction fakeout fakebreakout confirmation

Breakout above falling wedge TL will confirm trend reversal. Measured move correction is completed on Ukraine invasion.

Expect 0.50 - .62 Fibo pullback, briefly then rocket higher. Retest of breakout will exclude fakeout like we had on last lift (overlay).

Moving up from oversold on RSI, wave trends indicating buy signal.

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Preceding 29 n 87 crashes there were pumps like this before massive dumps 55 days after ATH, this would come on 28 Feb from 4 Jan:

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A massive dump is certainly possible, risk is high for any position with price trading at former support 4300

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On daily this crazy pump appears like could be a 4th wave with a final flush yet to come, be wary!