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chiefwils0n

Strong Bullish Structure. Upside Target $13200

Long
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
chiefwils0n  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis Chart Patterns
6
1
trendanalysis chartpattern
Hi Traders,

Nasdaq is extremely bullish based on:

  • Bullish Flag pattern (green channel)
  • Short-term falling wedge pattern (inner blue channel)
  • Bullish Divergence on Stoch, VWMACD, and RSI
  • Strong support at 12230
  • RSI in demand (BUY) zone
  • Possible completion of Wave 4, before Wave 5 to upside

First target is 13200, followed by an extension to the 13800 level.

Happy Trading!
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