NASDAQ look for continuation sell Hi everyone:
Looking at NDX for more sell potential.
Price has been in this larger, deep channel structure, continue to push the price up.
Latest price action we see an ascending channel structure, bring the price to the top of the larger structure.
We then see a strong bearish push to the down side.
waiting for a correction on the lower time frame would be ideal for bearish continuation setups.
Look and re-evaluate to see what price will do at the bottom of the channel.
Thank you
Nasq100
Possible buy setup on NAS100after selling briefly earlier today price is now setting up for potential buy opportunities. Price is bouncing off support zone 8092 and making a "W" formation. Expecting price to possibly show some bullish momentum with target take profit at previous resistance zone 8292. This is not trade advice simply my personal analysis based on what I see at the moment. Trade what you see and use proper risk management!!