Geert🇧🇪'call me contrarian'
12.2K posts

Geert🇧🇪'call me contrarian'
@geert2020
Day/Swing trader and analyst #DAX ♈




$NQ Yes, I can see a bigger bottom being set soonish, so a bounce should come. But what I see as well is that markets night set an even more important top as well! Many names have a more or less same view on the quarterly, that the top might be in already or will be set soon. After that a multi candle pullback should come, to finish the quarterly cycle. Most bottoms are being set around the MA21 and that brown line is currently below 20K. That line is rising, but I don't see a reason why the purple demandzone wouldn't be touched before the end of 2027.



Markets seems to have no stress at all for all the data that will be released as of now for the rest of the week. But with volatility coming down all week now, there seems to be hardly energy left for a further rally after the data release. So I’m not trusting this bounce at all and are carefully looking to scale into some short positions….





