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xAB777
Feb 24, 2024 3:04 PM

CAN US100 MAKE A NEW ALL TIME HIGH ? Long

Nasdaq CashEightcap

Description

Hello traders .


i think for nasdaq the market is still bullish ,

if the price manages to give a bullish reaction on the area it is likely that it going to give a trend continuation

for bears out there if you wanna sell look for shorts on round numbers / Psycological levels but don't hold for long its agaisnt the trend i think its going to keep going and maybe start possibly reversing on 20.000.

just a personal prediction of mine . according to the relative strenght index the market is making higher high but they are getting weaker and weaker i am thinking at the price 20000 by then the buyers will be tired and we might see a possible correction.
Comments
Riiv
I am on sell since Friday, holding over the weekend.
xAB777
@Riiv be careful it’s against the trend and alot of economic news coming this week
Riiv
@xAB777 I don’t watch news at all, I just trade my strategy. I will definitely be careful though.
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