07/12/2020 #NDX Up But Downside Risk Exist

OANDA:NAS100USD   US Nas 100
Based on my system, trend (Daily/Weekly/Monthly): Up/Up/Up

Price is over-extended, similar to #SPX. Expect a pullback, before further up.

Bullish only above 12557, targeting 12586, 12635 and 12669 should cap high of day, if there is no news.

Below 12531, looking to short, target 12501, 12461-63 (strong support). If it breaks, looks for further downside to 12413, 12375-83 and 12355. 12271 should cap low of day. If you just want 1 low risk buy level for going long, 12355 should be a good price to.


thanks I like it! 🦐👑
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