Hi Guys,
I posted yesterday regarding a harmonic pattern on the Nasdaq in a potential strong support area. The index responded to that price point and resulted in a nice move up. Unfortunately I didn't get to trade that as I was asleep at the time it happened.
The next area that we may see some selling occur is the one that I've highlighted on the chart and just like the S&P 500 , the colored zone is a convergence of fib extensions and retracements from important price points that lead to that area.
Hope some find this info useful
Safe Trading all
I posted yesterday regarding a harmonic pattern on the Nasdaq in a potential strong support area. The index responded to that price point and resulted in a nice move up. Unfortunately I didn't get to trade that as I was asleep at the time it happened.
The next area that we may see some selling occur is the one that I've highlighted on the chart and just like the S&P 500 , the colored zone is a convergence of fib extensions and retracements from important price points that lead to that area.
Hope some find this info useful
Safe Trading all
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.