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MNQU23 Hourly Analysis For 08/12/2023 Monthly Weekly and Daily Charts

This time you have have to watch some of the video. I am saving my best writing for tomorrow.

I will not be writing much today as some of what you will see in the video is a bit repetitive, though I think necessary, to understand where potential support is for MNQU23 on each chart, and the consequences of failure to hold that support might be. You have already seen the bullish case in weeks past. We could be seeing the end of this correction soon, but if not, I give some some good potential downside targets if the selling continues going forward.

The monthly analysis begins immediately (0:00), the weekly begins at 5:29, and the daily begins at 9:48.

If you have any questions at all, leave them in the comments and I will address all of them.

I shall return tomorrow with some individual trade analysis.

Have a pleasant weekend!

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