kjjmfolo

kjjmfolo

Only the really experienced traders know what I'm talking about, it's a self explained concept. The rules of Mathematics states , What you do on the left, you also do on the right hand side. The equivalence of our last highs will be matched to balance the laws of Mathematics(Statistics). This is a beautiful Investment one can engage themselves in. Be patient for...

kjjmfolo

As you can see Matic has been moving in a downward direction, and we have reached a point where our channel reaches its (lowest Low|) we might get a boost from the support line and we looking to reach higher highs for matic for the rest of the year.

kjjmfolo

As you can see we have moving in a channel formation touching each edge, and as we can clearly see there's a possible rejection on the resistance line when the market runs next week. Only wait for confirmation of the Monday open before you decide. Trade with stability, watch this baby :)

kjjmfolo

After the retrace/retest of the trendline which forms a channel, we will be looking for buys. Might take it as high as 15200 level even further. Nas100 down days will end very soon.

kjjmfolo Updated 

Nas100 may prove to retest trendline (ascending channel) + Retest may also prove to break ascending channel to retest 10985.49 . Remember proper psychological application - is not acting like you know what will happen next : Just consume the information, wait for confirmation and move with the market.

kjjmfolo

May prove to fall since it's an ascending triangle, it's a matter of probabilities. Confirmation will be given early days of the upcoming week. you might as well keep your eyes on this one.