US100 16868.6 +0.4% IDEA AHEAD OF THE CPI

Updated
GOOD DAY TRADER
Hope everyone is great a look at the NASDAQ, S&P 500 & US30 ahead of HIGH IMPACT NEWS TODAY.

* Its been a bullish week for all the above mentioned indices alike as we see a rejection on the weekly time-frame.
AS WE SCALE LOWER TO THE DAILY TIME-FRAME
* We swept those historic highs and rejected back into the range.

NASDAQ DAILY

* The NASDAQ tested the 50% FIB as we see a rally up
* Continuation is possible just as a possibility of sweeping the high.

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S&P 500 DAILY

Same as NASDAQ we see the same setup on the US500

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DOW JONES DAILY

* THE DOW is highly bullish this bring some interest Ahead of CPI.
* Traded Above the hostoric highs and kept there range bound for a some weeks.
* It will be interesting to see a push higher here but anticipating some reversals.
* With some projections there is still room above we see -2 projection and -4 projection yet to be tested.

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A JUMP TO THE HOURLY TIME FRAMES
NASDAQ 1H T/F

* Beautiful bullish trend
* On high alert for signs of momentum shift but we remain strongly Bullish.
* We do see a cisd but this alone is not enough. awaiting more confirmations.

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* THE SAME WITH THE S&P 500

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US 30 1H

* Some bearish momentum coming into play.
* premature to decide ahead of high impact news but it would be great to see some reversal before continuation with the trend.

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* LIKE I MENTIONED AWAITING TO SEE SOME SORT OF REVERSALS ON THE INDICES BUT IF CONTINUE BULLISH WE RIDE THE TREND

*** TRADING HIGH IMPACT NEWS IS HIGHLY RISK AS THE VOLITILITY IS CRAZY THIS IS NOT ADVISE TO EXCECUTE DURING THIS HIGH IMPACT NEWS***

HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑

lets see how it goes.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤

LOVELY TRADING WEEK TO YOU!
Trade active
& reversals are favored

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FibonacciictMultiple Time Frame Analysismulti-timeframemultitimeframeanalysisNASDAQ 100 CFDpulemokhothureversalpatternSMCSupply and DemandUS30us500

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