NAS100 NASDAQ100 Only (ND and NQ Futures and CFDs)

I would like to start a thread to discuss only about NASDAQ! Just NQ and nothing else.
We could talk about technical analysis, fundamental or plain moan and complain about our trading.
But it should only be about NASDAQ

NQ made ATH (All time high) of 9760. Covid-19 Triggered low of 6620. Currently trading at 8809.
So in 8 weeks it dropped 3140 points and gained back 2189 points and just 951 points away from ATH again.

One word - MADNESS!

I don't use to trade this instrument and I mostly trade SP500. But looking at this madness I want a piece of it.

I'm a long term trader. I enter and hold for days, weeks and months if required.

See my attached chart.



I want to short this market around 9097 area and short it down all the way to 7860.
That's where I think it will find price balance between the range of 7800 to 8200.

Let's see how this goes.

Share your views on this mad market and what do you think about it? Whether you are a buyer or seller and your target areas etc.
Good Luck!

Expecting this to move up this week

NQ e-mini June contract H4

I use H4 for trend indication, while I trade M15 & M5

The centerline is EMA20 (magenta)

Fundamental issues include the massive, unprecedented global debt levels. When defaults begin, a cascade effect could develop with the potential to drive interest rates back to highs of the 1980s & 1990s. Until then, interest rates must be kept near zero to keep governments and major corporations from default.

The NQ could drop 80% or more in a crash similar to 2000-2001 crash.
(repost)