New week ahead! I've carefully charted channels and identified zones from yearly timeframes (1-3). Nasdaq100, resilient within its channel, continues to test it. I'll consider going long beyond 15410 and shorts at 15146. Excited to see how the market opens! How was your weekend?
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been babysitting this trade all morning, and the nasdaq100's like a toddler at a candy store, dancing around 15345 after creating a resistance at 15444. maybe the bulls need a gym membership or the bears are sipping on extra-strong coffee!
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It's "CPI Day" in the world of trading, and the Nasdaq100 is ready to put on a show! Bearish signs are like breadcrumbs in the forest, but the bulls, bless their hearts, keep hitting a wall at the previous high. Is it time for a bear takeover, or will the bulls stage an epic comeback?
just a tip: a long upper wick indicates that prices rose to higher levels but faced rejection, often symbolizing resistance and the presence of sellers. conversely, a long lower wick suggests that prices fell but found support, indicating buying interest and the potential for reversals.