NAS100 - IMPULSE-CORRECTION-IMPULSE SCENARIO
Updated
As title states,
Nasdaq is essentially a head and shoulder formation that is possibly bouncing at at the neckline in conjunction with fundamentals of Apple's Event and new iOS device launch of sales this week.
Possible long re-entry upon limit or stop order
Open entries 15400 with SL at BE
Closed entries 15450 to 15500 (+$50 per min. lot size)
Pending entries 15500 until further notice (possible limit)
I advise to not execute at market as price may push lower, dependent on finding base to continue the rally. Failing, will result in reanalyzing for short opportunities.
Nasdaq is essentially a head and shoulder formation that is possibly bouncing at at the neckline in conjunction with fundamentals of Apple's Event and new iOS device launch of sales this week.
Possible long re-entry upon limit or stop order
Open entries 15400 with SL at BE
Closed entries 15450 to 15500 (+$50 per min. lot size)
Pending entries 15500 until further notice (possible limit)
I advise to not execute at market as price may push lower, dependent on finding base to continue the rally. Failing, will result in reanalyzing for short opportunities.
Note
Revert to last idea uploaded
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