NAS100USD LONG
with a strong bounce at fibb 0.618 price 12907 the bull has in game again for next 30-60 day since based on my data about seasonality the NQ has good bull performance in JUNE,JULY,AUGUST as AUGUST is peak of the bull scene and starting into sideway play
then i think 3 scenario based on seasonality data,trendline,pattern
1.this scenario for me its most highly probability,a IHS with target in range 14873-14716
2.the most lowest probability,we can call it a ascending triangle or cup with handle with tagert in range 14947-15593
3.the alternative scenario,in process to making a rising wedge pattern,a 14360 area as resistance and going to sideway from JUNE to end of AUGUST then bear coming in early SEPTEMBER until end of NOVEMBER with target in 12200 area
theres one more scenario but if this scenario in play everybody will get rekt since we will see the sideway for 4 month long between 13398-14361 area,
the summary is the last closed price is one of most strong support for next price movement
goodluck
then i think 3 scenario based on seasonality data,trendline,pattern
1.this scenario for me its most highly probability,a IHS with target in range 14873-14716
2.the most lowest probability,we can call it a ascending triangle or cup with handle with tagert in range 14947-15593
3.the alternative scenario,in process to making a rising wedge pattern,a 14360 area as resistance and going to sideway from JUNE to end of AUGUST then bear coming in early SEPTEMBER until end of NOVEMBER with target in 12200 area
theres one more scenario but if this scenario in play everybody will get rekt since we will see the sideway for 4 month long between 13398-14361 area,
the summary is the last closed price is one of most strong support for next price movement
goodluck
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.