phyllismosely

Easier option than NASDAQ.?

Long
CME:NKD1!   Nikkei/USD Futures
Easier option than NASDAQ.?
only 2 scenario which is angry bull coming
1.push one way to the resistance trendline then lets see what happend in that area,if its rejected and make some good reversal pattern i would say its going to challange the support trendline again,if its break through the next target is 30725 area
2.bit pullback to pick up some strenght in area 27890,then bull will coming with taget at resistance trendline,after target reached then its has same analysis as scenario 1

the summary is we are in bull phase for next 30-60 day,based on last 30 year seasonality data JUNE,JULY,AUGUST is bull season as JULY is the peak

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