NQ 31-1-13 Premarket analysis

LR Equation
Gold-Linked : 2799 (UP)
Index-Linked: 2805 (UP)
FX – Linked : 2756 (UP)

1st Target = 2750 (20pts room)
2nd Target = 2800 (70pts room)

Current NQ = 2730

TE 2.4
Still in a long trade. In uptrend channel.


TE 2.4.5
More on lower side of SD Grid. Below Ichi Kumo. There may be room for more downside.2720 is next support.

Remember we look for safe area to long, as we are bullish bias coz of LR equation.


TE 2.3.10
More downside room. Upside need a break out of down channel.

We are in down channel now.
Long @ 2735
Short@ 2725



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