NAS Week of 2/28 Outlook
NAS was extremely bearish in this last week with geopolitical situation. Market pushed prices down all the way to mid last year prices before an huge bullish move. We recognized this area as a turning point and was able to take trades.
In the next week we are expecting this bullish leg to continue and grab more Asia liquidity from previous week. The current bias is that the LPOTM will be respected and prices will turn bearish again, even possibly to new lows.
Idea should be re-evaluated should price break recognized significant structure points.
In the next week we are expecting this bullish leg to continue and grab more Asia liquidity from previous week. The current bias is that the LPOTM will be respected and prices will turn bearish again, even possibly to new lows.
Idea should be re-evaluated should price break recognized significant structure points.
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Note
Let the algo show you its hand.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Let the algo show you its hand.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.