NAS100👁️ OUTLOOK
5hr chart:
30m chart:
Indices: NAS100
5hr: Price is starting to break bullish and respecting lows. Price is now above the 50ema and 10ema but not quite above the 200ema like I want it to be. However if price continues to break bullish, possibly next week. I will happily look for longs once price breaks above the 200ema.
30m: Price on the 30m looks promising, breaking bullish and currently re-accumulating. Price is currently above the 50ema and 200ema, just coming under the 10ema where price can possibly provide you with some 5m entry opportunities. However I personally wait till we get above the 200ema on the 5hr chart to then look for longs on indices. Good luck tomorrow if you are trading NAS100!
Direction bias: Bullish on NAS100, however need it to break bullish above the 200ema and start surfing the 10ema on the 3hr chart. If this happens, then I would happily look for longs :) simple