Nasdaq NQ Short setup target 20,677 / Puts XND target 205.18
Fibonacci technical analysis: Nasdaq 100 E-mini Futures (
NQ1!) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677).
NasdaqNQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097)
Stop loss slightly above the 50.0% retracement Fib level (21,547.50).
Option Traders: My
XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85)
Stop loss slightly above the 50.0% retracement Fib level (213.19).
NQ1!) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677). Nasdaq
NQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097)Stop loss slightly above the 50.0% retracement Fib level (21,547.50).
Option Traders: My
XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85)Stop loss slightly above the 50.0% retracement Fib level (213.19).
Trade geschlossen: Ziel wurde erreicht
Price hit my Target 1 at -27.2% (205.18) on Jan 13, 2025 for a generous profit!Today's daily candle (Jan 13) close does not suggest price will go further down to Target 2 and so I have closed this trade with profit.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.