Nas100 Analysis
Nas has been playing beautifully with the support and resistance areas respecting the higher timeframe trend lines. I have had many messages with people who have taken the trades from analysis and saw some amazing results. and yes it is as simple as that. Today I feel we will have some more bears, a bounce of 13297 will bring us down to 13042- 12776. However if we do break through 13297 I would wait for 13409 before taking a long trades to give me the signal that its clear for the bulls to come in. We should always look at higher timeframes just to understand what is happening in the market.
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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.