NASDAQ Bulls Might be Restrained

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

NASDAQ or the US100 Index is very bullish. However there is a consolidation at the bottom which might suggest a drop.

13518-13600 is the POC zone. It looks like the price might drop from the zone towards 13480. Breakout below 13482 is needed for a momentum down towards 13379 and 13337. However, if the market breaks above 13600 we should see a bullish continuation move towards 13667 and 13778.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of

🍿️ Discover your path to a 100% yearly returns over the convos with Chris Svorcik!

X