Because my schedule is loaded and I need to press on with the data mining project for my real estate company (which I hope to add to my Substack portfolio with), I will delay Part 3B of Setting Up The Trade until next week, though I basically allude to it starting at 16:03 of the video.
WATCH THE VIDEO. It seems you folks don’t like to watch them but there is a ton of valuable discussion about the simple patterns and how they align both with Fibonacci levels and with volume profile analysis. This one is long, but it is long for a reason, and that is to discuss how data factors influence what could happen in the future for MNQZ23.
I purposely avoided MNQZ23 daily analysis this week because certain pivots did not really appear as I anticipated they might. As the days move forward, I will comment on them as they arise. I will cover it when I think it is appropriate to show a price projection.
The video starts at 0:00 with monthly analysis and weekly analysis starts at 13:01.
Here are the price projection target charts:
Monthly MNQZ23 Bullish Projection:
Monthly MNQZ23 Bearish Projection:
Weekly MNQZ23 Bearish Projection:
I wan to see how this move resolves itself before making a weekly bullish projection for MNQZ23. We probably get an answer by September 30, 2023.
That is it for now. If you have questions, please leave them in the comments and I will answer them. Thanks again for supporting this Substack blog!
I will see you folks on Monday! Have a pleasant rest of your weekend!
