Alright t's 12am and I decided to stay up to make this one. It's so that everyone can follow up.
The market paid the 15th of July and TH of October,2021 demand zone a visit... It's a 14500 visit.
Two things: a pullback for more sellers or a reversal.. But, I have my spots---The first: the demand level at 14500 which if not enough buyers, takes us to 14,000 and even lower to the 14th April and 15th Feb. supply zone at: 13200
It's a lot of information be sure to watch the entire clip to catch up. Also, Thanks for the growth. If you find my content informative---leave a follow, like and comment.
Have a great week, Love... Lazyluchi
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The Nasdaq has exceeded the 14k mark… Next level is 13200.
Still watching cos’ the breakout will need an obvious correction soon… Stay safe guys!
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When Nasdaq leaves wicks it calls for attention. We've been having these breaks without corrections---could this be the correction?
Let's see how far we get with this one but don't forget the wicks.
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That wick fill started early. We had a 250 point move from 12am gmt till now.
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A brilliant 2:1 was taken!
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Wick fill still ongoing. A good 200-400 points run...
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After the wick, nasdaq100 created a double bottom meaning the bulls were stringer. funny that was actually a previous supply zone. But that supply, became demand. We have two spots for the correction 14500-15k that determines if the bulls are back.
If this just a mere correction, then prepare for another dip to 13200. Till then wait for the decision!
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Second trade for the week. Pulls with doubles---not expecting any magic but not ignoring either. We'll see!
Still in the 2:1
Trade closed: stop reached
Took advantage of the double with the pulls... But the bearish divergence showed up.
These bears are not going down without a fight.
The counter-trend failed by 50 pips near my target.
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The speech of yesterday gave a rush. The reaction was crazy. Let’s see if there’s a come back today. That bearish divergence was a warning… Happened so fast; an annoying warning…
Stay safe guys. Nasdaq100 ain’t stable!
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We've got a middle point at 14200... See it like a barrier it breaks, the bulls return previous movements. It doesn't, the bears go for another ride.
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It's times like this, you just want to stay out.
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The market ended with a four time touch bottom. Which proves a lot. Stay tuned for my review tomorrow.
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