We haven’t done anything yet in the Nasdaq which is trading essentially flat on the week. The auction has done a good job of cleaning up naked VPOCs. A clue like this tells me the markets are operating well.
My data set suggests everyone came into the week with rose colored sunglasses so my overall consensus is sideways or lower by Friday.
Here are the levels I’m working with on NQ_F*:
*SOURCE: 04/13/15 -04/17/15 Weekly Strategy Session.
