Trend:
Daily/Weekly/Monthly: Down/Down/Mixed
Very bearish weekly candle last week. #NDX is weak but at important support, which held on Friday.
3 possible scenarios:
1) Break of 12678, target 12427 and further 12097
2) As long as 12678 holds, look for longs, targeting 13335, which is a strong R. If we break this R, look for move to 13559-13607 zone.
3) 12678 holds and we target 13335. Rejection off 13335, for a move back lower to 12427
IMO, scenario 3 is most likely.
Daily/Weekly/Monthly: Down/Down/Mixed
Very bearish weekly candle last week. #NDX is weak but at important support, which held on Friday.
3 possible scenarios:
1) Break of 12678, target 12427 and further 12097
2) As long as 12678 holds, look for longs, targeting 13335, which is a strong R. If we break this R, look for move to 13559-13607 zone.
3) 12678 holds and we target 13335. Rejection off 13335, for a move back lower to 12427
IMO, scenario 3 is most likely.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.