What a crazy day it was yesterday. Trying to break out of a consolidation with so many fake breakouts - Stop hunters. However we eventually got in the buy and it was a beautiful exit reaching a nasdaq New high. Today we may see some gaps filled with bears come back in or a continuation for the bulls coming back to 12518 and if we get a break here our next target is 12628.
As for the bears we may see it drop back to 12213. and a break there can bring us further down. I have outlined the key levels for today. Lets see where this may take us.
Remember Key levels I have drawn have strong support or resistance so we can easily get bounce from them if market respects that level.
All the best
As for the bears we may see it drop back to 12213. and a break there can bring us further down. I have outlined the key levels for today. Lets see where this may take us.
Remember Key levels I have drawn have strong support or resistance so we can easily get bounce from them if market respects that level.
All the best