inverted flag. This is usually a reversal structure but many cases have occurred where it worked as a continuous structure.
Nasdaq continuous to show massive buy power heading towards a new ultimate high above 14000.
This market have significant rejections on the weekly demand. We expect a high probability trend change to bullish market in the week to come.
Watch out for potential bigger buy moves. Wait on break and retest of major resistance.
Please note this buy setup is valid if it followers our bullish signals. It is not enough to trade on price hitting our marks without considering reversal signs.
Looking for clear signs of bullish impulse to initiate long to weekly supply.
Looking for rejection near pullback areas to complete the bearish leg on daily.