The NASDAQ index is gearing up for new high. H4 20.08.2024The NASDAQ index is gearing up for new high
NASDAQ index made a major segment overlap up and the question is if they are going to give a pullback before continuing the growth. Along the way they formed 2 important buy zones, but there is no culmination at the top. I expect a pullback down to the zones and then buying. Most likely we will push from the nearest zone 18920-19200 and then rise to test the high near 21000. Also, just in case I have specified the far zone of buyers 18400-18670, but it is unlikely that we will reach there.
Kovachtrader
Repositioning Silver to buy H4 19.08.2024 Repositioning Silver to buy
Silver has formed a pattern of repositioning to buy
and if the pullback is given, I will look for a buy at 1/2 margin 27.90 to continue the growth.
I am targeting the area of 30, and further I will clarify.
On options bounced off the option hedge area at 26.50
and the hedge up around 30 and 32 is filled.
The main OI has now moved to the new December contract,
so be careful with volumes, they have only just started to come in from last week.