May 6, 2023 NQ Long
Equity Indexes recovered from the sell-off we anticipated due to the CPI report.
Price is likely to contiue it's rally, possibly making entry at one or both of these zones.
Watch for 8:30am PPI and Unemployment Claims numbers. These reports could significantly change short-term momentum.
Trades taken using confirmation entires have a higher probability for sucess.
Using an initial 1:1 target is recommended for reducing risk.
Short-term income trade ideas are good for the day unless otherwise stated.
*** For educational purposes only ***
Price is likely to contiue it's rally, possibly making entry at one or both of these zones.
Watch for 8:30am PPI and Unemployment Claims numbers. These reports could significantly change short-term momentum.
Trades taken using confirmation entires have a higher probability for sucess.
Using an initial 1:1 target is recommended for reducing risk.
Short-term income trade ideas are good for the day unless otherwise stated.
*** For educational purposes only ***
Trade fermée: cible de profit atteinte
Today's Core PPI was as expected, PPI m/m slightly better than expected but Unempl., worse than expected. This caused the NQ to drop over 100 pts and into our zone before rallying over 100 pts.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.