Analysis of #US100
The NASDAQ tested trend line resistance and now waiting for the FED meeting to decide what is the next move will be, not expecting a major move before the meeting.
Currently, the market expects a 0.75% raise, but the press conference is very important.
I am watching the market to see if we can test the first support level, near 12200 to start looking for a buy, if that 12200 level did not hold, 11700 will be the next support level to look for a buy, also the trendline support level.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
The NASDAQ tested trend line resistance and now waiting for the FED meeting to decide what is the next move will be, not expecting a major move before the meeting.
Currently, the market expects a 0.75% raise, but the press conference is very important.
I am watching the market to see if we can test the first support level, near 12200 to start looking for a buy, if that 12200 level did not hold, 11700 will be the next support level to look for a buy, also the trendline support level.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Trade closed: target reached:
1000 points, congrats
