Apple Long.
Apple(NAS100) - As the Nasdaq increases in price following it's seasonal chart, this will help move apple higher.
Price action wise, on the Daily timeframe we can start to see we've now created a Higher Low; which as broken the downtrend and on our lower timeframes, the 4hr we are now creating a head and shoulders pattern which is showing sellers are running out of steam and buyers are returning in the market.
My entries now will be above this level 127, break and re-test to confirm that Buyers are willing to take price higher.
Price action wise, on the Daily timeframe we can start to see we've now created a Higher Low; which as broken the downtrend and on our lower timeframes, the 4hr we are now creating a head and shoulders pattern which is showing sellers are running out of steam and buyers are returning in the market.
My entries now will be above this level 127, break and re-test to confirm that Buyers are willing to take price higher.
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