Kumowizard

Market is saved for now, still bulls have difficult job

FX:NAS100   NASDAQ 100 index of US listed shares
69 0 2
Weekly:
- Ichimoku is neutral
- Heikin-Ashi bullish signal, after price could not break Kijun Sen (4300 supp/res lvl             )
- Bulls have slightly better chances, but they also face some resistances: 4435 and mainly at 4500
- In fact only above 4600 we could say market really resumes bullish trend
- EWO             neutral

Daily:
- Ichimoku is neutral, price trades in a thick Kumo
- Market is just testing first resistance at Kijun 4435. Next one is 4500.
- Heikin-Ashi signal has been bullish for three days already.
- EWO             neutral

Honestly, I can not trade this market right now with conviction.

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