Good day to you all!
US Stocks have continued to hold gains up at current levels for some time now but have equally been failing to create any fresh all time highs.
We believe this is a reflection of a number of macro reasons such as new covid fears, looming tightening of monetary policy and so on.
However, it has pushed the NAS100 into a space we really like because ranging markets are particuarly easy markets to trade.
We are expecting a retest of the liquidity pool directly above price with a nice push down later into the session to the larger daily liquidity pool below. Market makers, once finished with their move down will allow fresh buying opportunities for the instituations piling on the bull orders.
Watch this space for more,
Merry Christmas!
US Stocks have continued to hold gains up at current levels for some time now but have equally been failing to create any fresh all time highs.
We believe this is a reflection of a number of macro reasons such as new covid fears, looming tightening of monetary policy and so on.
However, it has pushed the NAS100 into a space we really like because ranging markets are particuarly easy markets to trade.
We are expecting a retest of the liquidity pool directly above price with a nice push down later into the session to the larger daily liquidity pool below. Market makers, once finished with their move down will allow fresh buying opportunities for the instituations piling on the bull orders.
Watch this space for more,
Merry Christmas!