Long
US100, PULLBACK OR BREAKOUT?
Hello fellow traders and investors, here's another idea.
US100 or the Nasdaq Index has recently formed a resistance and many people do not pay attention to these very helpful indexes that help you forecast where to reduce your position size or when to buy more. A lot of people don't have a lot of money to buy in when the market has a pullback, which is unfortunate because you have the resources to forecast a potential pullback area. This idea is to warn you that we are at a common resistance and the Nasdaq tends to pullback around this area so beware and make sure to have enough money to buy in if it pulls back.
I hope you enjoyed this very quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
US100 or the Nasdaq Index has recently formed a resistance and many people do not pay attention to these very helpful indexes that help you forecast where to reduce your position size or when to buy more. A lot of people don't have a lot of money to buy in when the market has a pullback, which is unfortunate because you have the resources to forecast a potential pullback area. This idea is to warn you that we are at a common resistance and the Nasdaq tends to pullback around this area so beware and make sure to have enough money to buy in if it pulls back.
I hope you enjoyed this very quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
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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.
Publications connexes
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.