I am looking for Nas to sell off from this gray area to the other gray area.
I am looking for buys for NU since it came from an area I was looking at last week.
I am looking for a sell on s&p for this week and then a buy the following week. Unless we can get a rapid sell this week (which is not likely), and then start to head up. The arrows are my guideline.
The previous post shows the buy then sell. This one just shows the sell. Look at my most previous post for the more likely trade setup.
I will publish 2 scenarios that NU will do. In this one we will be looking at the buy then sell. arrows are the guideline.
Looking for NAS to buy up in between those two black lines once it falls and starts to turn around in the gray area.
I am looking at sells on EN. Once price goes into the gray box, I will be looking for sells down to the black line.
Since UCad took out some lows, I am currently waiting to see if it wants to go higher into the gray zone.
The arrows on my chart indicate what I am expecting price to do. Not as fluent, but a simple depiction of what I would like to see happen.
I expect price to go in between my two blue lines (my zone), and start breaking structure to the downside on the lower timeframes before seeing major movement to the downside.
Looking for AU to go in between the 2 blue lines (my zone), and I'd expect structure to start breaking down on lower timeframes before we start seeing major movement to the downside.
I am looking for NU to be bearish over the next few days, so I am looking for the markets to sell off pretty hard. This is my personal analysis.
Read the annotations and notes on the chart to get a better understanding where I am potentially looking to sell on Nas100.