MNQ Chart Thread, page-385

I can see that we are very oversold atm so still waiting on that bounce to balance the indicators up and like I said before we are around the bottom before a bounce which Imo is around 1.4 /1.3 or upto 1.1 at worst for a double bottom . Bears are pretty much exhausted on the charts and any selling from here is at at a loss /some capitulation.

Only problem is there is no significant interest lately hence the drift lower but I suppose that this is more of a longer hold and besides any big volumes that come back can quickly change things up.

I'll post up a chart soon when I see a potential reversal signal. Could see it happening soon possibly next week.