Traders Daily Direction
Will the NQ drop or stay the course?
Good morning, Traders! Things continue to look up for the Nasdaq futures market (NQ). Both the short-term and long-term directions are up. But as the market gets closer to the top of the channel, we need to prepare for a retracement. A retracement is simply a temporary drop in market price after a rally. When the … The post Will the NQ drop or stay the course? appeared first on Josh Daily Direction.
It’s time to make some money with the RTY!
Good morning, Traders! I’m currently watching the Russell 2000 (RTY) as the market has bounced off support and is headed toward the top of the channel. This is a great opportunity to make some money before the next sell-off! As the market continues to rise toward resistance, we should keep an eye on the one-hour time frame to … The post It’s time to make some money with the RTY! appeared first on Josh Daily Direction.
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