balinor

Channel breakout

Short
balinor Mis à jour   
NASDAQ_DLY:NDX   Indice Nasdaq 100
Index is near bottom of orange channel and also near to 1D SMA50

I think it will going to break soon because correction is not over yes

I suppose a final destination of 10% at around 17000
Commentaire:
During corrections usually index will drop to reach the 1D SMA200 (blu line)

Commentaire:
Beware of weekly chart forming out

Commentaire:
I think correction will continue until 1W SMA50 is reached

Right now sma is located at 16101

Commentaire:
Tomorrow next wave down will probably start

Commentaire:
Next days preview

Commentaire:
Index break channel down during past weeks
Now moving again toward upper border that will be around 19200-19300

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