Always two side to a story. Looking at the NAS100, their seems to be a divergence between the macro narrative (bearish) and the markets, which are currently bullish. The progression from 13th Sept '22 low can be looked at as a series of 1,2 's in three degrees of trend as illustrated.
The key will be the nature of pullbacks , i would like to see slow controlled pullbacks. Pay attention to the keys levels, if broken , the count is invalidated.
The market will soon validate the two paths offered here (see linked chart )
The key will be the nature of pullbacks , i would like to see slow controlled pullbacks. Pay attention to the keys levels, if broken , the count is invalidated.
The market will soon validate the two paths offered here (see linked chart )
