Tradeofgrey

Nasdaq Analysis

Long
OANDA:NAS100USD   US Nas 100
Hello,

From yesterday's analysis you can see the price done as I expected. The prices has broken out the wedge I drew yesterday but we are still in the consolidation box. Now the price may come back retest the wedge and continue going up or this could be a fake break push price back down to the lows of the consolidation and then breaking down.

For Bulls: 13306- 13516
For Bears: 12813- 12417

I will be looking very closely for the bull run and even if we push down il still be looking for bull entries. As the market is still very bullish!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.