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Nasdaq 100 Index
Long

NASDAQ USTEC showing Medium term upside to 14,764 YES!

174
W Formation formed on the larger scale.
We then had the price break above and come right back down in a form of a flag formation.
The big test was to 200MA which it tested touched and formed a LOL.

SMC:
LOL = (Level of Liquidity) Sell SIde Liquidity.
That's where the market drops, tackles all the selling orders(sweeps the longers out) and it gets the big boys in.
This means, we can expect the price to rally quite a bit.
7>21>200
RSI>50 (Higher high
Target 14,764

Timonrosso
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
Chart PatternsFundamental AnalysisictNASDAQ 100 CFDnasdaqsmartmoneysmartmoneyconceptsmartmoneyconceptsSMCTrend Analysisustechustech100

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsFundamental AnalysisictNASDAQ 100 CFDnasdaqsmartmoneysmartmoneyconceptsmartmoneyconceptsSMCTrend Analysisustechustech100
Timonrosso
✅ Facebook:
facebook.com/groups/matitrader

🌐Website:
timonandmati.com

𝕏 (Formerly Twitter):
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.