Friday's speech from Powell was a huge help for the market to look for/reach new highs.
I still think that NQ is too high at the moment, but I will side with the market if it wants to go higher.
HOWEVER, after such a session, we usually don't reach new highs on the next following session. I'm optimistic for next week, but I keep an eye on GP (yellow support), I think there's still a chance to pull down there.
I still think that NQ is too high at the moment, but I will side with the market if it wants to go higher.
HOWEVER, after such a session, we usually don't reach new highs on the next following session. I'm optimistic for next week, but I keep an eye on GP (yellow support), I think there's still a chance to pull down there.
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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.