Today's focus: Nasdaq Pattern – Range Support – 17,832 Resistance – 18,355 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the Nasdaq daily. Price remains range-bound. Do traders feel today's CPI will be bearish or bullish? Yesterday, buyers showed some strength, stopping a bear move and reversing losses. Could good news on...
nikjhgfwrhnikwg Watch video. I am more or less bearish on every timeframe besides the week timeframe. The week timeframe says we go back up to test, because of being oversold, every lower time frame says its ok to keep moving down. inhgr3bhyigwrnbywrb
Still a defensive week. We will see what happens with the Fed Reserve stuff tomorrow.
Today's focus: NDX100 Nasdaq Pattern – Higher lower support point (LH Inc) Support – 15,320 - 14,690 Resistance – 15,520 – 15,822 Thanks for checking out today's update. Today, we have run over the NDX100 on the daily chart. We have started with the overall picture and worked our way into the current short-term perspective with things we are watching and levels...
I'm expecting that what we are currently seeing on the Nasdaq is a relief rally and that we will see another leg to the downside to around 13000. I will start averaging into buy positions from the 38.2% Fibonacci retracement level. Happy trading! Linton