We would like to appoligies for not providing an up date on the previous us100 analisys but you may look back and not that take all take profits have been hit. it will be linked to related ideas.
today we believe that nas100 will be bullish for the following reasons:
we note that price has once gain come to the support zone of 15535.7 15615.0.
price has respected the supporting bullish intra-day trendline once the 4th touch had been made. (it is highlighted in green)
the RSI has indicates that price is way over sold meaning bulls may see this as a perfect buying opportunity
we also have the completion of the m formation
Lets also remember that nas100 is a buying market as it consists of the top tech companies and last time we remember, tech only develops and never goes back, that being the main reason why us100 is bullish overall
we are already in profits as i has sent the idea to our students before posting is here
-------------------------------------------------------------------------------------------
fundamentals
N/A
today we believe that nas100 will be bullish for the following reasons:
we note that price has once gain come to the support zone of 15535.7 15615.0.
price has respected the supporting bullish intra-day trendline once the 4th touch had been made. (it is highlighted in green)
the RSI has indicates that price is way over sold meaning bulls may see this as a perfect buying opportunity
we also have the completion of the m formation
Lets also remember that nas100 is a buying market as it consists of the top tech companies and last time we remember, tech only develops and never goes back, that being the main reason why us100 is bullish overall
we are already in profits as i has sent the idea to our students before posting is here
-------------------------------------------------------------------------------------------
fundamentals
N/A
