Many people messaged me they got caught out on buy trades last week because they completely missed this area of resistance. This is a very key resistance area we need to watch out for. We need a break from this area for the continuation of the bulls
NAS100 Broke through previous daily support and it appears that the market is going to push it to 10500 area which is my next target. I've been catching the shorts since last night and will waiting for this quick retrace to 10500 and then we could possibly be looking at a long from there. It's all about the waiting game right now. Patience is your friend when...
An excellent entry from Friday, it came down to exactly where I analysed it will come down to. After it hit my TP I was able to make some money on a quick buy as-well.
It is so important to learn NASDAQ very well before you trade it. Once you have learnt the secrets of nasdaq it is unbelieveablly easy. NASDAQ becomes so predictable
Currently NAS100 is consolidating and I'm hoping for a break very soon. If we get a bearish break we can see it come down between 10584- 10373 and as for the bulls a break up would take us to 11056 and if we break that then we can see some bullish momentum
After finding a top in 12400 all-time high, Nas100 had a normal correction and dropped 11k zone.
This 10% correction doesn't change anything and both long-term and medium-term trends are bullish.
11k zone is well defended by buyers and I expect at least a retest of the new range's resistance soon.
I will look for buying opportunities
📍 After reaching the record high level around 12500.00 investors are taking their profit because of fear about the economic slow and and doubt over economic rebound
📍 Currently the price is below the 11000.00 key psychological level. Ahead of the US presidential election everyone had a doubt over who is win the election and how they will impose...
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- To begin with, we can look at the Nasdaq Index's monthly chart on the logarithmic scale
- The logarithmic scale provides a broader overview of the general trend, as well as clearer percentage changes...