US 100 Cash CFD
Long

The Flip side NAS100

Always two side to a story. Looking at the NAS100, their seems to be a divergence between the macro narrative (bearish) and the markets, which are currently bullish. The progression from 13th Sept '22 low can be looked at as a series of 1,2 's in three degrees of trend as illustrated.
The key will be the nature of pullbacks , i would like to see slow controlled pullbacks. Pay attention to the keys levels, if broken , the count is invalidated.
The market will soon validate the two paths offered here (see linked chart )

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.