Hi traders, NASDAQ is showing the last correction wave C 1-hour frame, which is almost over. The market is bearish, but we will see the market going higher bouncing between pivot point bands going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot point and then S1, we will be in a downtrend again. Pls, see the pivot point levels in the chart. The market has the last word.
Indicators, MA 200, 20-8 RSI 8 MA8 Bollinger 20, Volume, Pivot points Levels. Intraday Strategy. MACD