15155 worked perfectly for a move of almost 400 points given on Friday (www.tradingview.com/...ESlafg-10112023-NDX/) especially with a double re-test of the key level.
Yields went up on Friday together with indices up. Fake up move? TBH, rally is overdone and market need to make a higher high to confirm a break of the downtrend.
But as mentioned, price action is still bullish, so either look for wait for confirmation of the start of the down trend, or be cautiously bullish. 15259 and 15485 are two levels to look for a possible bullish reversal for a move higher. Trend is up until price close below BZ.
Yields went up on Friday together with indices up. Fake up move? TBH, rally is overdone and market need to make a higher high to confirm a break of the downtrend.
But as mentioned, price action is still bullish, so either look for wait for confirmation of the start of the down trend, or be cautiously bullish. 15259 and 15485 are two levels to look for a possible bullish reversal for a move higher. Trend is up until price close below BZ.
Join me for free on Patreon (www.patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan.
DM me to join my new group to learn all my trading levels and to trade together.
DM me to join my new group to learn all my trading levels and to trade together.