If you do a top down analysis you will see /nq potentially working in the bulls favor. Especially if you own tech stocks. Its been steadily rising. with a couple hick-ups but look at the arrows on the 1 hour timeframe. The VWAP was showing a peak and than dropping. The chart soon to follow. Reversing. Yesterdays top and bottom were in line with an continuation and big $$$ taking profit,s than continued up the mountain.
Have a good day.
Have a good day.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.