Thursday, July 21, 2022

Nasdaq Mini Flushes - Traded $4,597,155 USD With The Rebound





Had coffee yesterday morning, did my analysis and homework on scanning the right stocks while waiting patiently for the market to open. The futures was jumping up and down within a tight range before market finally opened at 9.30pm where it had a mini flushes down first before trending higher and higher. The signals this time round was different from the day before. There wasn't any washing but weak mini flushes which indicated that the sellers weren't that much and buyers were ready to take control.


The moment stocks started to jerk up, I started my buying and then selling later on as Nasdaq was touching a supply zone which I expected more sellers to emerged. Total trade was at $4,597,155 USD as I wasn't so confident about the market's up move. As an experienced trader who seen it all, true enough, sellers emerged and pt happened as highlighted in the 5 min chart. Took my profits and ran so to avoid any unnecessary selling. Another great day trading the market using different set of strategies because the market exhibited different signal which required another maneuver. 

Ronnard - Market Psychologist - A Stock Market Opportunist