Yukti_balalee

NASDAQ BULLISH OUTLOOK

Long
Yukti_balalee Updated   
CURRENCYCOM:US100   US 100
Price seems to be bouncing of the 13800 -14100 zone.

Market has managed to find support around the 14000 zone.

Yesterday NYSE session we saw a break of the 14000 zone to 14300, we could see a retest back to the 14050-14100 and then a clear continuation to the upside.

long targets . TP 14600
TP 14800
TP 15000
Comment:
Price broke the 14000 zone which is a strong area for the Nasdaq , Remember this trade is still valid until we see a clear break of 13800. Markets could be testing a new support, Earning session for tech sector is next week, I anticipate a large move to the upside given that markets has already priced in a lot during last week higher inflation news.
Comment:
Trade is running in profit ...
Order cancelled:
Still bullish long term .... we have to look for a new entry!!
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