Friday turning points on the Nasdaq

FX:NAS100   NASDAQ 100 index of US listed shares
Similar to the S&P             - the nasdaq has had bullish momentum come into play - could Netflix             be supporting this?

Although here there are a couple more area higher up that need to be cleared to allow for new highs on both the S&P             and Russell 2k. There are a couple of demand areas that could allow for some good long entries with the nearest supply at 4438 give a good reward profile if these levels remain good throughout the overnight session. In addition the nearest supply at 4438 is a retest of previous area of supply - there may still be some selling pressure here given the sharp reversal and the higher level above which remains to be tested.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out