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Nasdaq100 What Now Episode 11Who’s In The Nasdaq And What Are They Doing? Hey traders, so last week was really “Bearish with lot of annoying ranges”.. The major structure though, bearish. That didn’t stop the bulls from just messing around with “#ME!”. Pretty annoying.. Haha. Anyway, the plan was bearish until there was a reason to buy—that’s what I did. Although, Tuesday changed that plan. Before I dive into that, These were my exact words for last week—“.. since all levels are pointing downwards, even the relative strength index are all below 50%, I'll be taking more of sells till there's a change in the trend. If the Nasdaq100 gives us a higher-low instead of lower-low, then BUYS!!!..” The Nasdaq100 never gave is that Higher-low. Instead, the lady just kept falling like she fell off the Dubai’s Burj Khalifa’s Balcony. Rubbish!!! 😂😩 Anyway, back to Tuesday. The CPI (consumer’s price index). Dude! (In peter parker’s voice) This CPI ain’t a joke though. You know how I said the Bears came in—but the bulls didn’t stop fooling around. It’s this guy’s fault. The Bulls went wild after the “negative 0.3%” release of the Consumer’s Price Index. I started wondering, what is this? Negative news with a positive reaction. Little did I know that it was all a re-group. In less than minutes—The bears 🐻 got their Mojo back. “Mutha-heffas”.This fight went on for a while though. On Wednesday came the PPI although 1.4% positive, the bears didn’t stop fighting their way back. Wouldn’t blame them after that negative 9.382 million Crude Oil Inventories release news. Guess what! Mixed. That was the reaction of that one—we started going side-ways man. Then came Thursday’s News release: Retail sales with negative 0.5%, Core retail sales with positive 1.1%, and Finally, Initial Jobless claims with negative 185 thousand.. Hmm—that Jobless rate though. Gave the bears more strength in getting back. These guys took the market real low back to the 38% (13894) daily fib and even went past it. It seemed like the bulls finally got their strength but sorry they got attacked almost immediately.  This week, the trading plan still remains the same. Little tweak though. Firstly, know the over-all direction. For this one---my best bet is downwards. honestly, the weekly looks more confused as ever. There's a possibility that we might get a higher-low but until that's established, I'll be taking my sells. Secondly, Marking major HHs/HLs and LHs/LLs. Looking to see rejections on the daily to give me a signal as to what these bears are really doing. Then for the time-frame task, The weekly and daily: directions, The hour 4: rejections, the 15 minutes: entries. Then I wait for them confirmations and execute! Hope that goes well? The relative strength index is actually below 50% n all these time-frames and the fibs below the 50%. Till then, I'll be looking at that 13583 daily fib level. Now, the news.. Nasdaq100 High Impact News For 18th-22th Of April, 2022 On Monday 18th of April, 2022. There will be no high impact news for this guy. However, Tuesday the 19th, by 13:30 GMT---We've got "The Building Permits". The Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Wednesday, 20th April,2022. By 15:00 GMT, The gist is Existing Home sales. A brief: Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Still Wednesday and the crude oil inventories holds by 15:30 GMT. A Brief: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Further-more, Thursday the 21st of April, 2022. Around 13:30 GMT, My all time favorite (only because it's frequent) will take place. Here's a brief incase you forgot---Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Same day; same time is the Philadelphia Federal Reserve. The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Finally, same day but by 16:00 and 18:00 respectively. We'll be having a back-to-back FED meeting. Here's a brief---Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2022) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy. Do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
5
Nasdaq What Now Episode 9Hey chat, so today's Good Friday and the market's closed. However, Here's the view so far. So the Nasdaq100 bears got their strength back after the whole negative news releases and sentiments. The question is: Where's the next Lower-low? On the weekly, the next fib level is at: 0% - 13319.. Funny how that guy is still going down. Is it a possible reach? Weekly chart: On the daily however, the Nasdaq100 has actually broken pass the 50 and 38% fib. The next "23%" which is --- 13583. Furthermore, we probably will get there before the weekly 0%. If we get to the weekly first, then big bears!!! Daily chart: 240 chart: I marked my levels on the 4-hour waiting for a move from the market.. What's your take and how was your week? hey trader, do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
5
Nasdaq 100 What Now Episode 8Hwey Traders, Good-morning so the Nasdaq100 bulls have been trying their hardest to get back into this market. With the VXN down, That isn't so hard now. Anyway, I'm looking at the recent supply zone (previous LH at 14300) waiting for a Higher-high if gotten, then I'll consider sells. If not, then I'll go short. What's your plan for Nasdaq100? By the way, In today's news by 13:30 GMT, we've got retail sales and Initial Jobless claims. hey trader, do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
1
Nasdaq100 What Now Episode 7Hey chat, So the bulls came out of hiding during the CORE CPI which had a low reading by the way. I actually thought that was weird till the bears returned. Anyway, do you see that we finally got a gap fill in VXN. What are the freaking odds right? The fib levels have been pretty useful lately. The 50 and 38% daily fib have all been hit. However, we got a bounce off the 38 which gave room for a double bottom on lower tim-frames. Again, what are the odds? Now, all I can say is let's wait to see what these Bullish signs mean. First a bullish divergence, now a double bottom.. Hmm! finally, what are the "damn" odds? For the news: We've got the PPI by 13:30 GMT and Crude oil Inventories by 15:30 GMT.. Don't ignore your fundamentals and sentiments! Do me a favor and smash the like button, be sure to follow me, and leave a comment---I love reading those. Cheers, Lazyluchi
OANDA:NAS100USD
by lazyluchi
Nasdaq100 What Now Episode 6Hey chat, so the Nasdaq100 is currently still bearish as the bears are still pushing. The weekly 23% and Daily 50% got smashed today which are 14044 and 14146 respectively. Now, the bears are looking at the weekly 0% and daily 38% which are: 13319 and 13894 respectively. The bulls coming back might really be a huge surprise. However, for now, I don't see any sign except this little bullish divergence which ended being a little pullback. Anyway, welcome 14k Nasdaq100. By the way, if you love my ideas, leave a like, follow me for more (It allows you know when I post or stream), and leave a comment love reading them. Cheers, Lazyluchi
OANDA:NAS100USD
by lazyluchi
Nasdaq 100 What Now Episode 5Who’s In The Nasdaq And What Are They Doing? Last week, the Nasdaq100 fell. In the previous episodes I said, “I’ll be looking to short the Nasdaq100 if the 15,000 remains a resistance. Shorting it to next support level at 14,680. However, if that 15,000 turns support, I’ll be looking to buy the return of the bulls—at least back to 15,200. What do you think?”.. Well, as you saw, the bears won. I took more of sells than buys because of that. However, the Nasdaq100 played with me a little bit before it went my way. Anyway, no chit (haha). In the previous news, We kicked off with the ISM Manufacturing PMI which turned out with a negative 58.3 reading.. This gave strength to this Nasdaq100 bears. Albeit, There’s this double top with a lower high that formed on the weekly, then—on the daily—The 4-hour took a while before it reacted to that. Back to the news, we also had crude oil inventories which also popped up negative. It had a 2.421 negative reading. Furthermore, A mixed market turned up on Wednesday during the FOMC.. The Nasdaq100 bulls switched up on these bears. We ended the week with a positive JOBLESS CLAIMS funny how that threw me off balance. I wondered.. if the bulls were back only for the bears to turn those tables real quick. What is the plan then? Honestly, I ‘ll be waiting for the Monday to give me a taste of what to expect. However, since all levels are pointing downwards, even the relative strength index are all below 50%, I’ll be taking more of sells till there’s a change in the trend. If the Nasdaq100 gives us a higher-low instead of lower-low, then BUYS!!! Let’s see what gist this week has install for us. Hold-up, Not ending this one without speaking the VXN (Volatility index for Nasdaq100). Well, hmm, it hasn’t exactly been reliable only because it only opens during US market open and even opens with a gap most times. However, I realized it’s best we analyze that as well. The VXN’s Fib and RSI levels: On the weekly, the RSI is currently at 50.54, Daily-46.76, 240-49.54.. You can see that the bulls 0f VXN seem to be prepping. As for fib (Fibonacci) levels, check last heading. Nasdaq100 High Impact News For 11th-15th Of April, 2022 Monday is news less. However, on Tuesday, 12th April, 2022 by 13:30 GMT—We’ve got the “Core consumer price index”. The core CPI measure the changes in the price of goods and services. However, this is from the consumer’s perspective. The CPI measure the changes in purchasing trends and inflations. A higher CPI reading is going to be positive for the USD, while a lower reading will be negative for the USD. By 13:30, Wednesday, 13th April, 2022—The Producers price index news will be up. The PPI measure the changes in goods and services from the manufacturers P.O.V. It measures consumers’ price inflation, which accounts for the majority of over-all inflation. A higher than expected reading is positive for the dollar while, a lower than expected reading is negative for the dollar. Still on Wednesday, by 15:30, we’ve got the Crude Oil Inventories. The crude oil inventories measures the number of barrels of commercial crude oil held by US firms. Meanwhile, this can actually have an impact on inflation. If there’s an increase in the crude oil inventories, that implies a weaker demand on the USD which is bearish for the dollar. A lower than expected is Bullish for the dollar. Thursday, 14th April, 2022 by 13:30 GMT, The core retail sales will take place. Retail sales measures the change in the total value of sales at the retail level in the US. It’s also an indicator of consumer’s spending and the US economy’s Pace indicator. A higher reading is bullish for the USD while, A lower than expected reading is bearish for the USD. Same day; same time, we’ve got the Initial Jobless claims which measures the number of individuals who filed for unemployment insurance and a higher reading is negative for the USD and vice-versa, also, Retail sales—measures the change in the total value of sales at the retail level. It’s actually the foremost indicator for consumers spending. Finally, Friday, April 15th is Good Friday for the US and that’s some holiday. Take the day off and chill with your loved ones. Relative Strength Index And Fib Levels In Nasdaq1o0 And VXN For the Nasdaq100, The weekly fib is as follows: 100% -16389.9, 78.6% – 15732.9, 61.80% – 15217, 50% – 14854.7, 38.2% – 144492.4, 23.60% – 14044.3, 0% – 13319.5. The daily: 161.80% – 165342, 100% – 15214.5, 78.6% – 14757.6, 61.8% – 14398.8, 50% – 14146.8, 38.2% – 13894.9, 23.60% – 13583.1, 0% – 13079.2. As for the RSI, The weekly is currently at: 45.63, daily 47, and 240 33.52.. As for the VXN, The weekly fib is as follows: 161% – 43.44, 100% – 35, 78.60% – 32.08, 61.80% – 29.79, 50% – 28.18, 38.20% – 26.57, 23.60% – 24.58, 0% – 21.35.. The daily fib: 161% – 43.79, 100% – 36.59, 78.60% – 34.10, 61.8% – 32.14, 50% – 30.76, 23.60% – 27.69, 0% – 24.94..
OANDA:NAS100USD
by lazyluchi
9
Nasdaq 100 What Now Episode 4Alright traders, first of, what is Nasdaq doing? These bulls are bears are at it again and I can't help but wonder what they plan on doing. The bulls have gotten to 14322 which was an initial higher-low plan but it's looking like there's a problem. Accumulation phase with bears looking stronger. Daily showing signs of an inverse head and shoulder.. Just got a bullish divergence pattern. What now? The VXN hit a wall and bears trooped down as well. It's looking bearish however, not exactly confirmed. Still on the side-line with my pack watching these one. Hey trader, if you loved this one, leave a like, comment, follow, and share your thoughts in the comment below. I love reading them. Cheers, Lazyluchi..
OANDA:NAS100USD
by lazyluchi
10
Nasdaq 100 What Now Episode 3Hey traders, If you're seeing this one, it means I was able to post this. The Nasdaq 100 dropped 2% after that double top showed up. I described what looks like an inverse head and shoulder forming, where the bulls are going for that higher-low. The VXN on the other hand hit a resistance at 30.50 and if this is just a retest to the 28 point support, then the VXN bulls will be back and the Nasdaq 100 bears will take us for another rude. I see a 14200 reach, however, I'm keeping an open-mind to the whole situation. Yesterday's FOMC gave us a gap-fill then a continuation to the downside. Some fed officials wanted a 0.5% rate hike to arrest inflation quickly. Investors became unnerved by the idea of the increase causing an effect on the Nasdaq although, not a news fan but maybe.. That got a reaction. Look at this plan: VXN chart: Hey trader, if you loved this one, leave a like, comment, follow, and share your thoughts in the comment below. I love reading them. Cheers, Lazyluchi..
OANDA:NAS100USD
by lazyluchi
Nasdaq 100 What Now Episode 2Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then. If the 15200 level is retained that would mean something else. Watch to see my bias. First plan: VXN chart: Hey trader, if you loved this one, leave a like, comment, follow, and share your thoughts in the comment below. I love reading them. Cheers, Lazyluchi..
OANDA:NAS100USDLong
by lazyluchi
8
Nasdaq What Now? Hey Traders, the Nasdaq100 has created a new Higher-high at 15200 leaving a strong resistance at that level. The Initial jobless claims today came up with a 202k negative reading. The VXN on the other hand, is looking great at that support level although, we might resume the bearish trend soon. There's NFP tomorrow and I can't stop thinking of what the outcome would be. Anyway, I will be looking to sell if the bullish-wedge-trend-line breaks at support. My target: 14600. Conversely, I'll be looking to buy if the trend holds at support to the next resistance at 15400.. Check out the VXN chart: Hey trader, if you loved this one, leave a like, comment, follow, and share your thoughts in the comment below. I love reading them. Cheers, Lazyluchi..
OANDA:NAS100USDShort
by lazyluchi
5
Nasdaq 100 What Now?Who’s In The Nasdaq And What Are They Doing? Nasdaq bulls are succeeding! I mean, most of the anticipated resistance in last week’s chat.. Have all broken and turned into support. On the 240, you can see the clear uptrend (higher-highs and lows)—However, there’s a wedge and bearish divergence. Furthermore, the Nasdaq 100 has been respecting said, “wedge” through-out last week. A possible 15,000 coming through. But, the usual “buts”.. This particular “but” is that of: a higher-low daily creation. Remember I talked about the fact that we’ve got the bulls in the market—hence we need higher-lows to confirm their validity. Well, this might just be it. A possible outcome: The market opens on Monday bulls are still hovering.. We get a move to 15,000. Yeah! everyone’s happy. Then—comes the bears. The big retest, the big pull, I mean: the daily still needs it’s higher-low—right? This pull determines the bulls strength. My support zones are: 14300/200. Support holds, everyone goes long, support break—panic starts. If the bulls win, The next resistance zone: 15400 creates a new higher-high and.. We’re bullish baby! Similarly, if bulls fail, Then I will.. We should start another panic sell because—what’s their exact purpose? Haha, let’s see how it turns out. Next up, Major news, use that to know what the market’s decision will be. Don’t take trades during a major news so be notified. Nasdaq100 High Impact News Lot to comes this week. The end of March and beginning of a new dawn (April). Let’s see.. Monday is the only day that’s free of a major news. Oh! my, News packed week I see. Tuesday, March 29th, 2022–By 15:00. We’ve got; Cb consumer confidence—“Cb” stands for: conference board. This major news measures the sentiment of surveyed consumers on economic conditions. The market reacts to this because—Consumer optimism is directly related to consumer’s spending, hence—it makes up for a large part of the country’s economic activities. Wednesday, March 30th, 2022. At 13:15, We have the ADP national employment report. The Automatic data processing National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients. The release, two days ahead of government data, is a good predictor of the government’s non-farm payroll report. The change in this indicator can be very volatile. P.s: ADP provides payroll services to US corporations, and they analyze data from around 400,000 customers to derive employment growth estimations. Why should you care about the ADP? Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. What to expect: A higher reading should be positive/bullish for the USD, while a lower reading should be negative/bearish for the USD. Hence, watch out for that reading—might just save you this week! More On H.I.N For Nasdaq Thursday, March 31st, 2022. Another news is—Personal income also known as, Disposable income. This measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity. For this news, like the ADP, A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Traders should take this seriously because.. Income is correlated with spending, the more disposable income consumers have, the more likely they are to increase spending. Finally, Friday The fools day—April 1st. DON’T BE A FOOL THOUGH. This is the day of the most anticipated for Nasdaq ..NFP (non-farm payroll). However, before the NFP, we have like three major news to watch out for. The first, Average hourly earnings. The Average Hourly Earning released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates.. A high reading is also positive for the USD, while a low reading is negative. Secondly, unemployment rate. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. However, unlike other major news, A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. More On Jobless Rate (Unemployment Rate) A tip for traders, Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country’s monetary policy. Lastly, Non-farm Payrolls. This popular news; Reports the monthly change in the number of employed workers, albeit not including the farming and government sectors. In the markets, High volatility is usually seen before and after the report release. The number of unemployed workers is an important signal of overall economic activity since consumer spending is greatly correlated with labor-market conditions. Furthermore, The major importance of knowing about the NFP is: Job creation. The foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
OANDA:NAS100USD
by lazyluchi
Nasdaq 100 What Now?Who’s In The Nasdaq And What Are They Doing? Nasdaq bulls have surpassed the 13600, wedge trend-line. Last week, on Nasdaq What Now? I spoke about the bullish divergence that was visible for a while. Well, these bulls took that seriously.. We got a massive breakout. Even went as far as, passing the 14,000 resistance level and turning it into support. In this chart, The 14,000 and 14,100 break.. You can see that the success of the bulls is kind of dependent on that last resistance at: 14,600. That level being a major 16th of February, 2022 resistance. Are the bears still hovering around there? In addition, We get to know that this week. Heads up! I’ve got an alert placed there so, I don’t miss out on the action. Hold-up, there’s a but. The bulls haven’t exactly given is a Higher-low yet so, this can mean two things. First, they go create another support at a significant level and continue their race or Secondly, they fail to break and the bears resume. Nasdaq 100’s High Impact News We’ve got free days—Monday and Tuesday. However, on Wednesday, 23rd March, 2022 by 15:00, The US market New home sales will begin. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America. In addition, Thursday the 24th, by 13:30, The US market’s Durable goods orders will take place. Durable goods orders reflect—new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods are long-term goods that are purchased and expected to last a consumer at least three years) in the near term or future.. Finally, On Friday the 25th, by 15:00. The UoM (University Of Michigan) Consumer sentiment Index takes place. Don’t miss Nasdaq’s what now episodes. Stay safe!
OANDA:NAS100USD
by lazyluchi
8
NQ/MNQ Breakout or Breakdown?Bulls have had a nice and surprising push after fomc to the upside this week. Will be watching if price respects the DT line and will consider this an uptrend day in a bear market instead of an official uptrend reversal period until DT line is broken and value created above. I like longs above 500 as there is plenty of space for bulls to prop this up above there and short below 340, however, closed the day in key supply zone. Currently also sitting at 61% fib and will see if it can create value above 61% and push to 50% or reject below 61% going into next week. No bias, following the price/momentum and playing what the market gives us going into next week. With fomc, recent geo-political events and simply no news for this run-up, next week will should bring more volatility as well.
CME_MINI:MNQM2022
by Pham777
Nasdaq What Now Bears ReignHey guys, It's the second week of March and I can say for a fact that: these bears are probably not done. However, the bulls keep leaving signs that they are coming back soon. signs like: bullish divergence, falling wedges.. I also, talked about the high impact news to expect for this week. Wednesday has a lot going on for her so: be careful on Wednesday. Stay safe guys be sure to not miss my streams and I'll be back with more ideas. Love, Lazyluchi
OANDA:NAS100USD
by lazyluchi
Nasdaq 100 What Now?So it's a new week in Nasdaq and I can tell the bears are not done. we've got the market still struggling at the 13750/700 support level here on the 240. Guys I've got a theory and trading plan. it all depend on the opening a bearish opening leave room for speculations likewise a bullish. However, on the daily, we've got a cross where if the ears break, then we've got a wick to fill and if not, then another bullish divergence that takes us to create a higher-high Levels to consider: 13750/13700---Our current deciding factor. 13500-13000---If the ears break past the 13700 support that should be a new target. 13700-14000---The bulls would prove their strength once these levels are broken. Be sure to follow me, like and comment to keep the community of Nasdaq100 lovers alive. Love, Lazyluchi.
OANDA:NAS100USD
by lazyluchi
2
Nasdaq100 What To ExpectWho’s In The Nasdaq Market And What Are They Doing? Presently, the bulls. However, from the looks of things, it seems we are at equilibrium. The divergence that popped up on Thursday was no jokes. In the market presently, there are four different levels: The 14200, 14400, 14600, and 15000 levels respectively. These levels all have resistance and at least some buyers and sellers ready to either take the market up or slash that damn—price. They are strong levels. If broken by the bulls, they become support meaning; the bulls become stronger. I mean for them to last, we need more support right? What Chart Patterns Are Visible, The Current Market Structure, And Stage Of The Ndx As for chart pattern visibility, That divergence and double bottom are pretty obvious right? Albeit, that empty daily wick the bears abandoned at the 13,000 level mean something as well. There’s an unfinished business by the bears at that level. Who knows, maybe an inverse head and shoulder might form. Well with that—I think the bulls might just be winning this one. However, we need more signs—these bulls can’t leave us empty. If you know your market cycle well, you would know the current stage the market is at is—either: the dip or finally at the bottom. That accumulation might just be forming. An accumulation means, there’s hope. Finally, the market hasn’t actually formed a new lower high yet. So like I said, “the bears definitely have an unfinished business”.. We need lower highs or higher high—the highs are still void at the moment. As for the lows, we have two lower lows. Hmm, what can that mean? The bears are probably saying, “we’ll be back”. On that note, “I’ll be back too”. Have a great week.
OANDA:NAS100USD
by lazyluchi
6