Mac1993

Mac1993

NASDAQ is currently in a channel and has room to push to the upside. We took out the previous weeks high and came back down for a retest and began to push up again. for now we follow the trend. Should price drop out of this channel to the downside, It could be headed down to a demand zone. Should the demand zone fail, price will begin to pull further down...

Mac1993

Currently the volatility in the market is moving from the London trading session. This is my outlook on the one hour chart. If this demand zone fails, price should push us lower until we reach support.

Mac1993

15m chart. Price is currently in a channel and has pulled back into a supply zone. There is very little volatility in the market currently due to the holidays. This is a 1:7 RR, i kept the stop loss tight. Should this demand zone fail we could be coming out of this light channel and headed to the downside. Either to a demand zone below or to fill the gap below...

Mac1993

#DOWJONES previous week's study broke down day by day. keep your charts clean.

Mac1993

! Hour chart outlook on the NASDAQ 100. Last trading week we took out the previous all time high. After doing so the price took a quick sharp sell and is currently reacting off of a supply zone driving price on the smaller time frame lower. This supply zone could be strong enough to hold or it may fail, driving price higher.