The Nasdaq100 did very well today, but now we might see some signs that it is tired. The RSI is too high, and the index hit the 13,400 resistance, a clear resistance seen in the 4h chart:
Like this wasn't enough, it hit the 20ma too. Don't be surprised if it drops tomorrow, but would this be a reason to worry? Not at all.
Despite the imminent resistance, the 13,700 area is a target for us now. But let's be aware of the 13,400 first! Trade carefully.
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These people are habitual gamblers. Zero contribution to society.
UnknownUnicorn21312077
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@CaliJ0e, said the one who contributed a lot to his 0 followers. Now I have a question for you. What would you call someone who keeps wasting his time commenting on analysis from people he doesn't even like?
I call them sad losers, who just give me more engagement.
telecaster82
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most unhelpful post ever
UnknownUnicorn21312077
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@telecaster82, said the very helpful trader, that helped a lot his 0 followers with his 0 ideas and he received 0 likes for that!
The only thing you are useful is that you commented here, and this is good for me, as this means more engagement.
Thanks, my useful friend.
DaddySawbucks
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This bounce looks just like 01 march... lower still IMO