NASDAQ FOR BULLISH
My first Analysis for this week is the NASDAQ
My old time favourite 😁
Take a close look at the chart DAILY TIMEFRAME.
Last week the markets ended with NAS reaching a very important key level “12413.90”(Lower pink). This level is important because that was the previous major higher high.
The buyers seem to have control now due to the bullish candle the markets closed with as you can see, and the representation of the wick on that candle is a VERY IMPORTANT SIGNAL,
“NASDAQ FOR THE BUY” to level 14400
Of course with retracements
My old time favourite 😁
Take a close look at the chart DAILY TIMEFRAME.
Last week the markets ended with NAS reaching a very important key level “12413.90”(Lower pink). This level is important because that was the previous major higher high.
The buyers seem to have control now due to the bullish candle the markets closed with as you can see, and the representation of the wick on that candle is a VERY IMPORTANT SIGNAL,
“NASDAQ FOR THE BUY” to level 14400
Of course with retracements
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.