NASDAQ US100 Chart Analysis May 31



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I will begin NASDAQ ZeroMarket US100 Chart Analysis for May 31.

This is a 30-minute chart neutral strategy.

Because it is currently pole sideway move without waves
It seems that the direction is determined in the section where the up or down wave comes out first.

Today, we expect a moderate level of sideway move.

"When the red arrow moves

Long -> Short Switching Strategy

Green Support Line Stop Loss / Long
Sky Blue Resistance Stop Loss / Short

* When the light blue finger moves

Short -> Long Switching Strategy

Orange Resistance Stop Loss / Short
Red Support Line Stop Loss / Long

In the case of a sideways trade, it is a good section to trade in the opposite direction.
If there is no deviation from the red support line, there seems to be no problem.

Please , Principle trading / Stop loss is essential, and operate safely.

Thank you.

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