NDX structure reversal confirmed
NDX bullish structure reversal was confirmed. We have nearly deleted all gains in year 2021 in this dip.
Now we have create a beatifull structure reversal and make a new HH.
Upcoming days we can expect creating and confirming HL.
I think we have 2 possibilities where we can create HL.
1) Break a rezistance where we are right now and estabilish this level as support and HL point.
2) Pull back to 14 000 points we have there a nice support and estabilished this level as HL point.
Level of invalidation structure reversal is 13 000 points.
Now we have create a beatifull structure reversal and make a new HH.
Upcoming days we can expect creating and confirming HL.
I think we have 2 possibilities where we can create HL.
1) Break a rezistance where we are right now and estabilish this level as support and HL point.
2) Pull back to 14 000 points we have there a nice support and estabilished this level as HL point.
Level of invalidation structure reversal is 13 000 points.
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.