Two Sentence Traders

Nasdaq futures bouncing. KOSPI holding the trendline. Don't celebrate yet.

By rummy ·

Nasdaq futures are up and KOSPI, while still in the red, is holding the trendline rather than breaking below it. That's the better outcome coming off Friday's pain. ES is still printing lower structure on the weekly and there's a head and shoulders worth watching on the daily, so this is not all-clear. Take the bounce, stay cautious.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.