Monthly, Weekly Analysis For MNQM25, 06/08/2025
"Hellfire and brimstone are coming later this week, but before I warm up, let us take a look at MNQM25 for May and the first week of June." - Me
Very quickly, lets look at longer range projections for MNQM25 for the close of May 2025 and the first week of June 2025. The bullish projection uses the Monthly Chart and the best bearish projection uses the weekly chart.
Bullish Projection
Though my model projection sees a bit of longer-range bearish divergence in price momentum, volume is still supportive, and if the free (and worthless) money continues to flow from Congress, a long range bullish projection is still out at 26555.50.
Bearish Projection
While weekly price momentum attempts to be fully positive again, if we do stall out with buyers, the potential bearish projection would in fact be 14061.75 (forgive the error on the chart!)
The real question, which I will attempt to answer in my next post, will be the one best represented by this chart (and another that an author seems to have sheepishly pulled down that has much more to say than this one). What I show above in the bearish projection was similar to the chart that author presented. I can address that in the post.
It will be spoken in the tone of a mythical character the Right Reverend Buffalonius Ignatius Sage of the Church of Austrian Economics. It will probably piss everyone off at some point, but back in the day of my peak writing, it is what I did, and something I still do. Remember, I don’t want you to agree with me, I WANT YOU TO THINK!
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