Price seems to be bouncing of the 13800 -14100 zone.
Market has managed to find support around the 14000 zone.
Yesterday NYSE session we saw a break of the 14000 zone to 14300, we could see a retest back to the 14050-14100 and then a clear continuation to the upside.
long targets . TP 14600
TP 14800
TP 15000
Market has managed to find support around the 14000 zone.
Yesterday NYSE session we saw a break of the 14000 zone to 14300, we could see a retest back to the 14050-14100 and then a clear continuation to the upside.
long targets . TP 14600
TP 14800
TP 15000
Commentaire:
Price broke the 14000 zone which is a strong area for the Nasdaq , Remember this trade is still valid until we see a clear break of 13800. Markets could be testing a new support, Earning session for tech sector is next week, I anticipate a large move to the upside given that markets has already priced in a lot during last week higher inflation news.
Commentaire:
Trade is running in profit ...
Ordre annulé:
Still bullish long term .... we have to look for a new entry!!