US100 H2 - Short SignalUS100 H2
Here is Nasdaq, a little different as compared to US30, we have price trading as close to ATH's as you could expect, with a couple of trading tops here from last week. We also saw a huge dump on Friday, that single H2 candle demonstrates a move of 180 points, followed by two more bearish candle closes to end the trading day and trading week.
That being said, markets opened and we gapped upside around +130 points, we have sustained this, just like US30. I'm wondering whether we reject this price level we have indicated at 20,500 price and selloff back down to 20,300 price. Seeing how Nasdaq moves, if it breaks or rejects, may give us a better steer on US30 trading opportunity.
Tradingindices
US30 H8 - Sell SignalUS30 H8
A strong open for the USD so far to lead into this trading week ahead, US stocks see a heavy move south during the eastern session and early EUR/LON. Pulling south as much as 215 points so far following the upside market gap.
I would love to see price retest that 39,000 whole number sell zone during the volatility of the US stock market open, that would no doubt be our sell zone, to then target price 38,000.