forexhotboy

NASDAQ/NASDAQ100/NAS100/USTECH

OANDA:NAS100USD   US Nas 100

CONGRATS TO EVERYONE WHO TOOK MY PREVIOUS ANALYSIS ON NASDAQ AND WHO HAS BEEN FOLLOWING ME ON ALL PLATFORMS . TECHNICALLY IF WE LOOK AT NASDAQ WE WILL SEE THAT BUYERS ARE MAXED OUT AND ON RSI WE HAVE 85% OF BUYERS IN THE MARKET WHICH MEANS NASDAQ HAS HIT THE OVER BOUGHT MARGIN AND WILL ALLOW ALOT OF SELLERS COME IN TO EASE THE BUYING MOMENTUM FOR NOW ALSO WE CAN SEE A BULLISH TREND FOR NASDAQ AND A STRIKE ON THE UPPER BULLISH TREND LINE , NOW NASDAQ WILL FIND ITS WAY TO TOUCH THE LOWER TREND LINE . SO ITS SAFE TO SELL NASDAQ TO THE MAJOR PRICE ACTION LEVEL AT ABOUT 11850 THEN WE WILL WATCH CLOSELY FOR A BREAK OUT OF THE BULLISH TREND TO THE DOWNSIDE WHERE WILL BEGIN TO SELL OR A REVERSAL TO REACH 12600/12800 .. PLEASE MAKE SURE TO LIKE AND SHARE MY IDEAS , ALSO PLEASE DO NOW FORGET TO HIT THE FOLLOW BUTTON FOR MORE ANALYSIS ..

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