Evening guys,
I'm going to breakdown NAS100 in its purest form.
I'm fairly new to trading NAS100 but from looking back over the years, this is one of the smoothest moving indices you can trade.
You can clearly see price respects these clear supply / demand zones.
LOL I'm trying to type fast because NAS is playing out so quickly despite being in the late NY session.
Price has failed to break below and hold previous support as resistance, we've now seen price break above into our range and is rejecting support.
I'm looking to take price to my next level of resistance where I may look to take another entry if price successfully breaks above and holds the next level as support.
Tomorrow, I'd be looking to buy or sell at support if price gives us a valid entry.
Stocks are extremely weak at the moment and they are definitely going to drop even further over the next couple of months.
I'm going to breakdown NAS100 in its purest form.
I'm fairly new to trading NAS100 but from looking back over the years, this is one of the smoothest moving indices you can trade.
You can clearly see price respects these clear supply / demand zones.
LOL I'm trying to type fast because NAS is playing out so quickly despite being in the late NY session.
Price has failed to break below and hold previous support as resistance, we've now seen price break above into our range and is rejecting support.
I'm looking to take price to my next level of resistance where I may look to take another entry if price successfully breaks above and holds the next level as support.
Tomorrow, I'd be looking to buy or sell at support if price gives us a valid entry.
Stocks are extremely weak at the moment and they are definitely going to drop even further over the next couple of months.