NASDAQ Looks like there are 3 connecting highs on the daily on 5th November, 12th November and yesterday. I am waiting for some sort of bearish confirmation, premarket did not break the 12th October high so far, so either a lower high today or a set of lower highs after open. Without either won't enter. Breaking the high on the daily also invalidates the above.
NAS100 supply to demand set up on the 1hr time frame. Forget all the noise and you’ll see exactly what I mean. I think we say premium to discount if I’m not mistaken. Let’s see what happens, but I am definitely gonna short not buy.
NDQ 🆕 US100 also formed a Golden Cross, as MA50 crossed MA200. The trend is clearly bullish, and there is an uncovered imbalance at the top — growth to ATH is possible.
🔼 We consider buying US100 only if it rises above 25750 and the nearest fractal; 🎯 Target 1: 26100; 🎯 Target 2: 26200.