In my analysis of the Nasdaq100 chart, I'm observing an intense showdown between bulls and bears. It's been a volatile ride with sharp rallies and sudden pullbacks, creating significant resistance around 14,900. The critical question now is whether the bears will successfully breach the new lower-low at 14,442, or rally above to create a new higher-high..
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rocking the aurum game, but the nasdaq100? it's a different story (as usual, lol). this index has been teasing around that 14888-ish resistance for days, and the bulls are throwing in the towel. it's almost like the market can't decide – is it a fall, or..?
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update:
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Nasdaq100 kicked off the day on a lower note, causing my recent buy trade to slip a few ticks down. But hey, I'm not giving up that easy – I'm hanging onto my position. The Nasdaq's been dragging its feet for a while, and it's got me wondering what these buyers are plotting. Yet, my bias remains unshaken, and my resolve is unwavering. Nothing's changed, and I'm still firmly in the game!
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wooosh! it's like catching a thrilling wave – nasdaq100 finally pushed through after battling numerous rejections at that stubborn 14442 support. it feels like a reunion with nasdaq's waves, and i'm relishing the best of both worlds, with nasdaq100 and gold..
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update: have broken past 15254. almost at target.
The situation at 14917 is a bit ambiguous, For now, I'm cautiously optimistic, as I find myself in a profitable position, up by 100 ticks. However, I'll be keeping a close eye on how the market behaves around 14917, as it could provide crucial insights into the market's future direction.