PULEMokhothu

US100 16868.6 +0.4% IDEA AHEAD OF THE CPI

PULEMokhothu Updated   
CAPITALCOM:US100   US 100
GOOD DAY TRADER
Hope everyone is great a look at the NASDAQ, S&P 500 & US30 ahead of HIGH IMPACT NEWS TODAY.

* Its been a bullish week for all the above mentioned indices alike as we see a rejection on the weekly time-frame.
AS WE SCALE LOWER TO THE DAILY TIME-FRAME
* We swept those historic highs and rejected back into the range.

NASDAQ DAILY

* The NASDAQ tested the 50% FIB as we see a rally up
* Continuation is possible just as a possibility of sweeping the high.


S&P 500 DAILY

Same as NASDAQ we see the same setup on the US500


DOW JONES DAILY

* THE DOW is highly bullish this bring some interest Ahead of CPI.
* Traded Above the hostoric highs and kept there range bound for a some weeks.
* It will be interesting to see a push higher here but anticipating some reversals.
* With some projections there is still room above we see -2 projection and -4 projection yet to be tested.


A JUMP TO THE HOURLY TIME FRAMES
NASDAQ 1H T/F

* Beautiful bullish trend
* On high alert for signs of momentum shift but we remain strongly Bullish.
* We do see a cisd but this alone is not enough. awaiting more confirmations.


* THE SAME WITH THE S&P 500


US 30 1H

* Some bearish momentum coming into play.
* premature to decide ahead of high impact news but it would be great to see some reversal before continuation with the trend.


* LIKE I MENTIONED AWAITING TO SEE SOME SORT OF REVERSALS ON THE INDICES BUT IF CONTINUE BULLISH WE RIDE THE TREND

*** TRADING HIGH IMPACT NEWS IS HIGHLY RISK AS THE VOLITILITY IS CRAZY THIS IS NOT ADVISE TO EXCECUTE DURING THIS HIGH IMPACT NEWS***

HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑

lets see how it goes.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________

* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________

| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤

LOVELY TRADING WEEK TO YOU!
Trade active:
& reversals are favored


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.