NAS100USD 2:30 PM Trend Analysis
On the 15 minute timeframe there is a head & shoulders pattern forming. Due to the market closing in a few hours and the weekend approaching I would not enter a buy just yet as there are no other confirmations saying we will be bullish throughout until market opens Sunday night. But if I were to place an entry it would be at the top of the longest wick. Because this is an index it is heavily affected by news and overall economy/market outlook which is why I am bit hesitant on placing a buy just yet will see how market opens up during NY session on Monday to see how it opened up and ended up playing out.
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