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Looks like the triple resistance plus RSI divergence outlined yesterday was too much for the NQ and we got a down day as expected, right back down to the 38.2% extension at 4053.
Lots of support starting at 4056.25 though, for tomorrow. We need to push through that for the divergence to play out, otherwise we could stay range bound.
I didn't trade today, but If I did..here is how it would most likely go down if I was actively at my computer throughout this chart's time frame. Maybe similar to if I automated my system.
yellow stars are the entries, Red circle = stopped out, Blue circle = out at break-even, Green circle = profit (all trades are short with the trend)
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
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