Nasdaq100 bulls came in but for what? The daily 23% at 13573 just go smashed this morning and the bulls are likely to go for the weekly 23% at 13650. Hmm! thinking about it, Just maybe they are back. Anyway, don't care about that. The 4-hour looks different though because it's on there I'll be looking for my rejections. If the daily 23% gets rejected and fails to break---the bears will be back. SO for today, I will like to see what happens at that zone. On the 15 minutes however, the support level is looking flooded with lots of rejection candles. Who knows if these guys are even strong enough. I really don't want to under-estimate them.
For the News:
we've got New Home Sales, CB Consumer's Confidence, and Core Durable Goods Orders. Have a great and profitable day today.
Love,
Lazyluchi
For the News:
we've got New Home Sales, CB Consumer's Confidence, and Core Durable Goods Orders. Have a great and profitable day today.
Love,
Lazyluchi
