$BTC On the only road ahead, waiting for opportunities｜Trading Notes 2026-09-03
Key observation: Mag7 steps in one after another, and the market rebounds from the brink of a fragile breakdown. Take profit on shorts; hunt opportunities on the only road ahead.
Today, U.S. stock index futures were lower in the pre-market, but after the open they surged quickly. S&P 500 futures (ES) rebounded to the EMA20 level on the daily chart (around 7690). Nasdaq futures (NQ) rebounded to the EMA60 level (around 29200), temporarily pulling away from the “edge of collapse.” However, the downward-sloping 20-day moving average cluster remains the biggest resistance for short-term bulls.
The two red horizontal lines in the chart mark the only road the price must pass through if it moves lower. If ES is to fall, it must pass through 7660; if NQ is to fall, it must pass through 29100. Set up the short trigger here.
Today, the two major index futures were quickly pulled back from the “collapse edge,” and the market stayed strong throughout the day. Before the close, the 15-minute level for ES had already formed a bullish alignment, and it was higher than the prior day’s failed bullish resistance area—indicating that the bulls have regained control.
Today’s rally temporarily removes downside risk. Before the close, I closed out the profitable short position.
In addition, the semiconductor leader MU has remained in a “not weak” state. If it can break higher further, around the 1000 mark, it could open up more upside room. Once MU breaks upward, it should drive a fast rebound in the tech sector.
In short, the market is currently lacking momentum in both directions—up and down. The best approach is to wait on the only road ahead: you can look for a chance to short NQ at 29100, or wait for a long opportunity in MU around 1000.
The Hi5 composite buy-in/add-on plan orders that I pre-loaded yesterday were automatically executed at the open. The TQQQ composite currently holds:
BaiGe VIP group-buying group
Key observation: Mag7 steps in one after another, and the market rebounds from the brink of a fragile breakdown. Take profit on shorts; hunt opportunities on the only road ahead.
Today, U.S. stock index futures were lower in the pre-market, but after the open they surged quickly. S&P 500 futures (ES) rebounded to the EMA20 level on the daily chart (around 7690). Nasdaq futures (NQ) rebounded to the EMA60 level (around 29200), temporarily pulling away from the “edge of collapse.” However, the downward-sloping 20-day moving average cluster remains the biggest resistance for short-term bulls.
The two red horizontal lines in the chart mark the only road the price must pass through if it moves lower. If ES is to fall, it must pass through 7660; if NQ is to fall, it must pass through 29100. Set up the short trigger here.
Today, the two major index futures were quickly pulled back from the “collapse edge,” and the market stayed strong throughout the day. Before the close, the 15-minute level for ES had already formed a bullish alignment, and it was higher than the prior day’s failed bullish resistance area—indicating that the bulls have regained control.
Today’s rally temporarily removes downside risk. Before the close, I closed out the profitable short position.
In addition, the semiconductor leader MU has remained in a “not weak” state. If it can break higher further, around the 1000 mark, it could open up more upside room. Once MU breaks upward, it should drive a fast rebound in the tech sector.
In short, the market is currently lacking momentum in both directions—up and down. The best approach is to wait on the only road ahead: you can look for a chance to short NQ at 29100, or wait for a long opportunity in MU around 1000.
The Hi5 composite buy-in/add-on plan orders that I pre-loaded yesterday were automatically executed at the open. The TQQQ composite currently holds:
BaiGe VIP group-buying group