Stock, Option and Futures Trading
NQ Bar 161 at 61%
Something to keep an eye on.
On the 30 min NQ chart we are 161 bars low to low. This is just like at the top we were 60 bars high to high.
If you look at the low there are calculations there. Take the 18.94 days and divide it by .4783 you will get 39. 100 Minus 39 equals 61. So we have a 61 in the time on a 61% on 161 bars.
2217 could be a big number of support.
PS. This is only a 30 min chart but the 30 min is what caught the 60 bar high.