On the 1 hour timeframe I managed to spot a WYCKOFF distribution and also spotted a Order-Block proving that smart money is in play and the market will respect the order block in order to complete the pattern by going and retest where smart money opened their trades.
The SPX500 has reached a resistance zone and formed a profitable pattern...SPX500 has also registered it's third touch meaning we can expect it to long but let's be reactive and not predictive 📈
Nasdaq is forming a nice pattern...It might short to complete the pattern and register the third touch after that it long to possibly a new high, but let's be reactive and not predictive.🧗
I have identified that the USDCAD might possibly short... It will first have to respect the resistance by retesting after breaking below it. But let's be reactive and not predictive, for let it remain on the red list
The DJI has formed a pattern whereby it more likely to go long and also considering the fact that DJI is touching the trend line for third time( Third time is the charm😊📈) and volatility is expected... but then again let's be reactive and not predictive
I see a correction followed by an big impulse...If you ask me I would say it's going down.
But let's be reactive and not predictive, For now let's monitor how the market re-acts.🙏
SKILLING:NASDAQ
