Institutional corrective could be soon underway...
Good afternoon!
We've been closely monitoring the NAS100 in anticipation of the breakout of the institutional liquidity pool sitting up at around the 15400.00 level.
First however, we are expecting a price corrective and retest back inside the demand zone based at approximately 15200.00.
Should this corrective take place and price decreases, it would certainly make for an interesting bull opportunity for a trend continuation idea back up to our opportunite zone of 15400.00.
Personally, we always enjoy showing a real essence of patience in the markets in waiting for price to come back into our ideal price level. Why would we want to have our orders filled at 15320.00 when we could potentially have them filled at 15200.00 instead right?
This is our train of thought throughout all of our trading.
Patience is a virtue!
We've been closely monitoring the NAS100 in anticipation of the breakout of the institutional liquidity pool sitting up at around the 15400.00 level.
First however, we are expecting a price corrective and retest back inside the demand zone based at approximately 15200.00.
Should this corrective take place and price decreases, it would certainly make for an interesting bull opportunity for a trend continuation idea back up to our opportunite zone of 15400.00.
Personally, we always enjoy showing a real essence of patience in the markets in waiting for price to come back into our ideal price level. Why would we want to have our orders filled at 15320.00 when we could potentially have them filled at 15200.00 instead right?
This is our train of thought throughout all of our trading.
Patience is a virtue!
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