
SA April 22: The NASDAQ $QQQ did make a 4hr cycle bottom yesterday. Today it tried to make a new high but came short 1 point! It looks like we are now in the last 4hr cycle of this $SPY daily cycle. It will probably be a left translation cycle (where the 1st 2hr cycle top is higher than the 2nd one). Maybe the index can find support on the 12hr EMA20 for this daily cycle? Probably monday the Index daily cycle low? For the coming days it lickely to see some pressure in the markets. But as always, time will tell. Happy trading #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STC

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