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Short term buy for scalpers. But a big drop is coming up. Don't know when but NASDAQ 100 will fall to 10990
We can reverse back up to continue ranging or break both the range and trend line for further downward momentum
In this game patience is key, I'll be waiting on a retest of $11870, a successful rejection of bullish momentum and at this area and enter a short at around $11790
I can't sleep but I'm to lazy to go to my computer desk so the chart might look crammed. Anyways here goes nothing Pattern: Inverse head and shoulders Bullish market confirmed by dynamic trend line support. We broke the neckline of the SHS pattern, a retest will confirm my analysis for possible long positions but in all honesty, it could go anyway with the...
Hi Guys, NAS100 has been trapped between $10990 and $11570 for just over a month now, with the exception of the fakeout before the crash the other day. So I'm assuming that there is no definite medium term trend that is strong, the market to me is ranging between two price points. So looking at where the price is now and our observation of a consolidating...
Previous Analysis no longer valid. All Confluence for a short opportunity broken
As per my previous analysis, daily close below 1890 would warrant for a short bias.
We've seen the 50% retracement we expect after a huge fall, more downward movement coming up