NAS
NAS100- AnalysisSo we finally broke out of consolidation last night however the Nasdaq is still respecting the trend. We need a break in the trend now to see more bullish action otherwise we may see bears take over and get some pullbacks.
For the bulls target is -12200-12300
for the bears target is- 12000- 12692
NAS100 buyFueled by recent stock highs by Apple, Amazon, Tesla etc...The Nas will continue to push upwards. Possible break in the trend might come from economic news releases starting from Tuesday, as always the fundamental trumps the technical.
$NAS, Could be ready for a quick trade over the next 24/48hs $NAS
Could be ready for a quick trade over the next 24/48hs
Crossed over ~4800 sats & hodling it w/ UCTS Buy signals across multiple LTFs..
If manage to keep pushing up from here (Volume), ~5600sats as 1st target (15%)
#NAS
POLITICAL HELP? VOLUME COULDN'T HELP! - NAS - DAILYDespite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias.
The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet.
The positive side, is that if there is any political action to save the company, then, we could see the market first trying to fill the past gape and run very quickly, thereafter, to the range that it has left at the beginning of the year, around the end of February.
For the moment, it looks like a probable worse case scenario...wind up, bankruptcy...or other.
September will be a very important month in Europe as all holidays end and political decisions might be taken in regard of the extension of restrictions or their ease.