Theperfectionist

Overall view of NAS100 and US Markets - Update of June 18th

Long
OANDA:NAS100USD   US Nas 100
Previous view: Odds of a bull continuation are high, last trading week could be summarized by a consolidation between levels 7600.00 and 7425.00, eventually announcing a strong volatility next week.

Actual outcome: Prices broke the @7600.00 target and bulls keep pushing.

Actual view: Prices are still subjected to a bull pressure. Odds of a bull trend continuation are high with a possible settle at the resistance zone.

Possible targets : @7800.00 (+1000pips or 100points).

Advice : Stay bullish and buy at any low point while we don't break the 7500.00 bottom level.

Correlated pairs : US500 (96.2%),US30 (94.2%),CHFSGS (-86.5%).
We are more likely to experience a continuation of the bull spike as it will be for the other US market securities.
Trade closed: target reached:
@7800.00 target was reached!
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