Interesting market structure.||FOLLOW||LIKE🐳🐋
What we have here is a bullish market since price has broken structure to the upside, but then what we want to see here is the market to pull back to close off induced sells before buys so as to continue higher. Currently the market is pooling liquidity with equal highs and low.. so we wait for a grab of buy side...
US GDP comes 6.4 this number is miracle and trend of GDP show in next months we will see GDP 8.5
strongly advice buystop on high , dont pick sellsignals ,if you have old sell,100% put sl=13750 ,break this number show new + trend start =looking buy and hold 7-8 day to high
yes US 10year yeild grow too but many pro trader belive after corona,economic crash ...
6.4 GDP for US after corona is real miracle , this mean in next months we will see 8.5 even 9 too
prnt.sc
source=forex factory
fibo extention show dow target is 35300 ok? (next can reach 37000 soon),we strongly advice stand on buyside, looking for buy ,dont pick sell signals in next 10 day
www.marketwatch.com
Our favourite index is moving from one zone to another. As it can be noticed from the chart, the price has rejected a structure drawn on the graph and is not ready to drop down from here till the marked target.
all scenario can happend , green arrow place you must buylimit with sl= low 12940 tp1=14200 tp2=14700
we advice looking for buy in deep and hold it 7-8 day until new high
good luck ,enjoy bull market in 2021-2022,we belive nasdaq in way to 20.000 (until 1 year)
Started on the NDX, looking for possible targets to the downside.
End of month is upon us, bank holiday Monday too, traders look to square their positions, funds look to rebalance.
Not trading inside the ranges, looking for a clear break, retrace and continuation pattern
Currently @ 13700
We expect Nasdaq to be bearish
A retracement back to 13400 or 13100 before it turns bullish
if it breaks above the down-trendline & treats it as support
then we'd expect it to hit 14100 1st before falling
link to previous analysis below
Nasdaq along with other US stock indices has been recovering a big chunk of losses since last week.
However, obviously, we are not out of the wood, and if we ain't, do we sell or wait?
There's still a pretty good chance we see the market tank for a second time and one of the reasons is that the pullback is still well lesser than 10%.
If you go back and look at...
Red = Limit Sells
Green = Limit Buys
Black = POC
Not a lot of volume sat on the charts waiting to get filled. Looking at the market structure, there are single prints that will not act as much support below should we get to them. On the NDX there are also a few gaps now, which although don't need to get filled, generally speaking, things do get filled.
My game...
