Nasdaq 100 Futures Chart Shows Buying Climax "Capitualation "
Nasdaq 100 Dec.18 Futures,
have gapped open to the downside in 9/24/18 trading,
continuing a clear short term rollover top chart pattern
as shown here on the 15 minute chart included in this post.
Rollover pattern began on the Open on 9/21/18
perhaps associated with Quarterly futures +options expiration,
on all 3 major indices , Dow + S+P and NDX,
But Not Necessarily...
The continuation of downside price/momentum in Nasdaq Futures for Monday 9/24/18 trading,
coming after the NDX double top late last week at 7580,
may give confirmation this week, that a genuine capitulation buying climax has already occurred.
THE_UNWIND
have gapped open to the downside in 9/24/18 trading,
continuing a clear short term rollover top chart pattern
as shown here on the 15 minute chart included in this post.
Rollover pattern began on the Open on 9/21/18
perhaps associated with Quarterly futures +options expiration,
on all 3 major indices , Dow + S+P and NDX,
But Not Necessarily...
The continuation of downside price/momentum in Nasdaq Futures for Monday 9/24/18 trading,
coming after the NDX double top late last week at 7580,
may give confirmation this week, that a genuine capitulation buying climax has already occurred.
THE_UNWIND