NAS100 TECHNICAL ANALYSIS
Updated
Today is NFP and anything can happen, but according to my analytics that am using, which is universal to everyone, PRICE,PRICE MOVEMENTS, I would like to see a pullback to a Fib level 61.8 which perfectly fit with the previous resistance which is about to turn into Support if the level Holds.
If not then I will be buying at the support level, why? Because the Index have 2 weeks in range, no clear move, and will apply the simple approach or rule of thumb which say's "BUY LOW & SELL HIGH", in this in case, according to my understanding when the price is at support, with the right tools one always have a chance to buy.
If not then I will be buying at the support level, why? Because the Index have 2 weeks in range, no clear move, and will apply the simple approach or rule of thumb which say's "BUY LOW & SELL HIGH", in this in case, according to my understanding when the price is at support, with the right tools one always have a chance to buy.
Note
the traded went As expected,very perfect.
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