Hi, folks, today we’ll take a quick look at the NASDAQ. And we’ll take a look at the shorter timeframes. This is actually the Q’s that track the NASDAQ. And we’re taking a look at an interesting inflection point here on the NASDAQ, to see if it may hold. Now, if you’ve been following any of the work or free analysis for quite some time, or are a student, you know that we’re all about trading confluence, especially when we combine key levels and divergence and tools like that. So what we’re looking at here is we’ve identified a key level down here to this 342. Mark, we came into this yesterday, which was about 14 Oh 20. On the NASDAQ, it did have a small reaction, and then it kind of traded on through. But now we’re getting some nice follow through today, after the release of the CPI numbers, and we’re following up or pushing above the trend line here. But my point that I really want to make is when we get divergence, as you can see right here where my pointer is we were getting bullish divergence signals. When we get those at key levels off the higher timeframe, we really have a high probability trade at our fingertips, scroll back just a little bit. This is a four hour chart. You can see back here on March 30, we got bearish divergence signals while we were trading into key levels key market structure off the higher timeframes. You can see really how accurate is we pushed up here kind of drift a little bit. This one didn’t quite work out the way we intended it to got another buy here back in middle of March, again, bullish divergence signals coming in at key levels off the higher timeframe. So this is a strategy that works really well. And then that extra confirmation of say taking out the trendline. We’re also at the 618 retracement based off of the daily. So these are all of the kinds of things that we really like to look for to put the odds in our favor and it basically comes down to this. Are we trading at a key level? Are we getting some other confirmation such as bullish or bearish divergence at that key level? So as of now we we clearly have a reaction point. Now the question is, will we continue this rally now Now there’s lots of time left in the day. So we shall see how we end the day coming into the afternoon. But right now it looks like we least may want to push a little bit further to the upside into this 355 area on the NASDAQ. I’m gonna be hosting a free presentation tonight on April 12, at 7pm. Eastern where I’m going to be talking about this ripple effect how to be first in line for huge market moves the exact concept I just showed you there on the NASDAQ or the Q’s where we can be in line waiting and washing patiently in the weeds learning how to profit from key turning points in the market before anybody else and hyperlink you to this page and look forward to seeing you there.
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