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Strong Bullish Structure. Upside Target $13200
NASDAQ 100 E-mini Futures
Long
Strong Bullish Structure. Upside Target $13200
By chiefwils0n
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Feb 12, 2023
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Feb 12, 2023
Hi Traders,
Nasdaq is extremely bullish based on:
Bullish Flag pattern (green channel)
Short-term falling wedge pattern (inner blue channel)
Bullish Divergence on Stoch, VWMACD, and RSI
Strong support at 12230
RSI in demand (BUY) zone
Possible completion of Wave 4, before Wave 5 to upside
First target is 13200, followed by an extension to the 13800 level.
Happy Trading!
Chart Patterns
Trend Analysis
chiefwils0n
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