top of page

A very eventful CNY, but in US markets.

CNBC --



https://www.cnbc.com/2022/02/03/stock-market-futures-open-to-close-news.html



On Thursday, the Nasdaq Composite, which is tilted towards tech shares, fell 3.7% for its worst daily performance since September 2020. The S&P 500 had its worst day in nearly a year, sliding 2.4%. The Dow Jones Industrial Average fell 518.17 points.


“The sharp drop in FB market cap today and the accompanying drag on the S&P500 index is ... a stark reminder of the high concentration of mega-cap Tech stocks in the S&P 500 — and the vulnerabilities that such concentration brings,” Goldman Sachs’ Chris Hussey said in a note Thursday.


NQ


Continue from yesterday's Sniper Blog posting, as per the H&S(pattern) target, price only touches the final exit target this morning at around 4:35am. It then traded back during Asia trading hours, form a sell signal during Europe open, and price is now back to 161.8% again.



On Lower time frame, which is the actual war place for Snipers to take action(Trade plan: H1 analysis, LTF Act on it).


Price formed a BBC & a nice "CC" on H1 chart during Asia trading zone leading into Europe open. "CC" traded to BJ- zone and on LTF, a sell signal formed.


LTF Chart


Close up look on today's higher time frame chart analysis





 

Comments


Featured Posts
Recent Posts
Archive
Search By Tags

Contact Us:

Visit our FaceBook page:

https://www.facebook.com/cthtrader

--------------------------------------------------------------------------------------------------

RISK DISCLOSURE STATEMENT:

Futures Trading is speculative and is not suitable for all investors. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This brief statement cannot disclose all the risks and other significant aspects of the Futures markets. You should therefore carefully study Futures Trading before you trade. Information and trading tools provided in and through this website are for general information purposes only. All investments involve risk, including potential loss of principal. Clients must consider all relevant risk factors, including their own personal financial situation before trading. 

bottom of page