Breaking down nasdaq for this month:
In my previous analysis of nasdaq you can see how we predicted the massive bull run which kicked off the week, breaking it down from the daily timeframe we can see an imbalance of price as well as a TL which is the reason for my first initial sell zone, from here on wards 2 things could happen, we could either get higher highs and higher lows OR a fulfilment in price and a continuation down which could form a double bottom.
Fundamentally I am seeing a continuation up ( higher highs and higher lows) but we will need breaks in these areas to confirm the overall direction.
In my previous analysis of nasdaq you can see how we predicted the massive bull run which kicked off the week, breaking it down from the daily timeframe we can see an imbalance of price as well as a TL which is the reason for my first initial sell zone, from here on wards 2 things could happen, we could either get higher highs and higher lows OR a fulfilment in price and a continuation down which could form a double bottom.
Fundamentally I am seeing a continuation up ( higher highs and higher lows) but we will need breaks in these areas to confirm the overall direction.
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.
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.