Strong Bullish Structure. Upside Target $13200 Long
E-mini Nasdaq-100 FuturesCME
Description
⋅ 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!