NASDAQ100 showing strong buying signs to 14,000
W Formation has formed over the last few months.
We have had a break up out of the neckline and now looks like the price wants to bounce and run up further.
7>21>200
RSI>50 (Higher lows)
Target 14,000
With the Jobs added better than expected last Friday and with the signs of an economic recovery, The US is showing strong signs of a rally.
This could be before the catalyst for the expected fall.
Regardless, I am bullish for now and the charts don't lie!
We have had a break up out of the neckline and now looks like the price wants to bounce and run up further.
7>21>200
RSI>50 (Higher lows)
Target 14,000
With the Jobs added better than expected last Friday and with the signs of an economic recovery, The US is showing strong signs of a rally.
This could be before the catalyst for the expected fall.
Regardless, I am bullish for now and the charts don't lie!
✅ Facebook:
facebook.com/groups/matitrader
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timonandmati.com
𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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