Compelling Buy Opportunity in US Tech 100 Rolling Future
Hello,
The US Tech 100 Rolling Future is presenting a strong case for buy opportunities. Currently trading near the lower boundary of a well-defined channel pattern, the price action suggests a potential reversal is on the horizon. Reinforcing this outlook, the MACD indicator is signaling oversold conditions, with clear signs of bullish momentum building through a bullish zero crossover, indicating the market may be nearing a bottom.
This setup offers a strategic entry point for bullish investors. We anticipate a move toward a target of $24,550, providing an attractive risk-to-reward opportunity for those positioned correctly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The US Tech 100 Rolling Future is presenting a strong case for buy opportunities. Currently trading near the lower boundary of a well-defined channel pattern, the price action suggests a potential reversal is on the horizon. Reinforcing this outlook, the MACD indicator is signaling oversold conditions, with clear signs of bullish momentum building through a bullish zero crossover, indicating the market may be nearing a bottom.
This setup offers a strategic entry point for bullish investors. We anticipate a move toward a target of $24,550, providing an attractive risk-to-reward opportunity for those positioned correctly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Free stock markets analysis Telegram channel:
t.me/stocksfromtechnicaleye
Paid trading group
patreon.com/thesharkke
Reliable broker
go.tradenation.com/visit/?bta=37130&brand=tradenation
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.
Free stock markets analysis Telegram channel:
t.me/stocksfromtechnicaleye
Paid trading group
patreon.com/thesharkke
Reliable broker
go.tradenation.com/visit/?bta=37130&brand=tradenation
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.