NASDAQ in for some moves lower.
Price Altitude: Middle
Daily Trend: Range
4H Trend: Down
Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side.
Prediction: Continue moving lower into daily demand.
Price Points of Interest:
4H supply inside daily @ 7432.8
4H supply @ 7399.4
4H demand inside daily @ 7217.3
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Daily Trend: Range
4H Trend: Down
Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side.
Prediction: Continue moving lower into daily demand.
Price Points of Interest:
4H supply inside daily @ 7432.8
4H supply @ 7399.4
4H demand inside daily @ 7217.3
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
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