Long
NASDAQ BULLISH OUTLOOK
Price seems to be bouncing of the 13800 -14100 zone.
Market has managed to find support around the 14000 zone.
Yesterday NYSE session we saw a break of the 14000 zone to 14300, we could see a retest back to the 14050-14100 and then a clear continuation to the upside.
long targets . TP 14600
TP 14800
TP 15000
Market has managed to find support around the 14000 zone.
Yesterday NYSE session we saw a break of the 14000 zone to 14300, we could see a retest back to the 14050-14100 and then a clear continuation to the upside.
long targets . TP 14600
TP 14800
TP 15000
Note
Price broke the 14000 zone which is a strong area for the Nasdaq , Remember this trade is still valid until we see a clear break of 13800. Markets could be testing a new support, Earning session for tech sector is next week, I anticipate a large move to the upside given that markets has already priced in a lot during last week higher inflation news.Note
Trade is running in profit ...Order cancelled
Still bullish long term .... we have to look for a new entry!!
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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.