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FX_Professor
May 17, 2023 6:10 PM

NASDAQ- Breakout in play ☘️ Long

E-mini Nasdaq-100 FuturesCME

Description

14500-14600 remains my target as we last posted here:

Having calculated the last ATH using the same chart/exercise i feel quite ok to increase my Long positions at this stage:


Funilly the bottom was als calculated precisely even by making some fun on Biden:



Also here:


News:
US stocks advance as debt ceiling concerns ease



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ft.com/content/2aeb11f6-483d-46cc-ad37-cb8549c318f8

Wall Street stocks rose on Wednesday as investors grew more confident that the US will avoid a government default after policymakers edged closer towards a deal in Washington.

Wall Street’s benchmark S&P 500 rose 0.6 per cent while the tech-heavy Nasdaq Composite was up 0.5 per cent.

US president Joe Biden said on Wednesday he was “confident” he could reach a budget agreement with Congress to avoid a default on US debt, and left the door open to meeting a key Republican demand of adding work requirements to social safety net programmes.

Officials such as Treasury secretary Janet Yellen have warned that the US could default on its debt as early as next month, with the issue prompting Biden to cut short his forthcoming overseas trip.


One Love,

The FXPROFESSOR

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Bounced off support

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Perfection and approaching first target:

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New targets:

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forex perfection...stay tuned for more (taking some profit... we going higher)

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click on play.. check how all my levels played out PERFECTLY
Comments
Tsusanj
Beautiful
MonoCoinSignal
Clear and concise analysis.
Solldy
Very good reasoning for the idea. I even left a few notes from it on my chart. Thanks, for your view, mate!
Tolberti
Thanks for your idea, well done!
LegionQ8
great buddy, I think you are right
FirstNameHelen
Nice summary, thanks dear friend
gvoommen
The rise of the Bulls :)
DeGRAM
Thank you for sharing your analysis.
Babenski
Well done
Gold-Tech
Wow, great technical analysis. I like your work.
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