Despite negativity on banking system default. NASDAQ is on the move with bulls printing new high everyday.
Technically speaking, US100 is trading in bullish flag with the breakout target comes at 15000. But we will move step by step. The upcoming resistance comes at 12900 which is horizontal level.
Previously, NASDAQ printed triple bottom around 10650 where the neckline comes at 12100. The target of triple bottom comes at 13700.
All signs shows strong bullish momentum. Any dip will be buying opportunity with appropiate stoploss.
Let us know what do you think of the idea?
Technically speaking, US100 is trading in bullish flag with the breakout target comes at 15000. But we will move step by step. The upcoming resistance comes at 12900 which is horizontal level.
Previously, NASDAQ printed triple bottom around 10650 where the neckline comes at 12100. The target of triple bottom comes at 13700.
All signs shows strong bullish momentum. Any dip will be buying opportunity with appropiate stoploss.
Let us know what do you think of the idea?
