Sovryn_Matt

Nasdaq Futures Open looking weak for the week

CME_MINI:MNQ1!   Micro E-mini Nasdaq-100 Index Futures
Head and shoulders TA. Theres nothing bearish I can find. The smart money is taking profits and risk off the table as FED meeting on Wednesday plans to raise rates by 0.5 bps this week. If FED announces 0.75 bps rate hike. Its gameover for risk on assets. DXY will go parabolic and all risk on assets like crypto and equities will fall another 30% in the next month. Be prepared for the worst.

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