dylan007osmane

NAS100 nice uptrend before...see my next post

Looking at the indicator, seeing the possibility of a bull trap due to heavy shorting pressure by retail. Might see them moving the price up going accordingly to the FED's agenda to keep their interest hike and not make it "hawkishier".

Used fibo to see the big picture, various confirmation on 0.5, .618 and 0.272. I verified with the ema as well, on the one hour candle.
GLOBALPRIME:NAS100

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.