USTEC hi guys, Thanks to the pre market (Asia session) hours, which could gave a clue for the next move. I saw a consolidation for few hours which represents an accumulation area between 24015 and 23970 (luckily is not a big range zone) 45 till 50 points if we extended it till 24020
They could win time to get ready for a strong exclusive wave. Any 30 minutes candle will close under 23967 that will send us to 23800/23810 But any push to the upside (must be with strong momentum) to the upside and 1h candle closes above 24020 then to pull back and must settle on 24020 or 24015 then to the upside, that will send us to my TP2 at 24160 That is what I will personally do and believe in strongly. And those few last hours made the decision so easy really as explained.
NAS100USDtradingview.com/x/d07rvcqB/ A minute in the life of NASDAQ A warning for traders not accustomed to NAS and a reminder for us all Yesterday’s 8.30 on the 1 second timeframe. 50 points gap down and a further 50 points drop in the same 1second. Followed by at 1.272 increase from the starting price all within 1 minute
Market Outlook The overall trend remains bullish on the multiple time frames. However, based on Fibonacci retracement levels and the butterfly pattern, we are approaching a potential correction phase.
Correction Range: A pullback of 10% to 15% is possible.
Key Reversal Zone: Between 24,150 – 24,300, likely around September 20–30 (or possible earlier after Fed meeting)
Target Downside Levels: If reversal confirms, downside targets are projected at 23,000 to 22,500.
This suggests that while the broader structure supports continued bullish momentum, the market may soon test a significant corrective phase before resuming trend direction.
US100 just checking on my favorite T.V minds from the beautiful island of Bali.
Took a month but here we are at 24k. I hope none of you are still blindly shorting and following a certain perma-bear for peanuts while we are having an A.I driven bullrun.
GG. To all my rational people.
I will repeat, do not short USA indexes based on others I’ll advice.
USTEC hi guys (important) A mean retrace may happen! I mentioned before that if the 2h candle high remained the same, which is what happened, that could more likely take the index to a lower level which I mentioned in my previous post! Then another 2h candle formed but again, its high was almost same high of the previous candle! That is exclusive bearish sign! Three 2h candles highs are similar. All highs were at 24000 almost!
Then we are supposed to see a powerful bullish momentum there.(23800-23810) when or if we are going there!
BUT in case that momentum will face another stronger bearish momentum would aggressively push the price lower, then we could see 23520!! (is where the price was pushed aggressively to 24000 which was my TP)
I may be wrong in that! But I noticed a serious possibility in that especially, the price was pushed aggressively to the upside in the first 10 days in September! And yes the index hit my TP at 24000 which was visited again and again and again but the problem that it retraced back from! In every occasion! May be my TP2 at 24160 and my TP3 at 24225 will be achieved later!
USTEC hi guys,
