NDAQ06 trade ideas
NASDAQ ALL SET FOR LONG FOR MEDIUM TERMNASDAQ STOCK is going through a overall Corrective Context with a consistent respect of its key S/R levels. Now 67.00 level has broken. so retracement from 67.00 or near that level we can go for long targeting 69.65.
Bias will be changed only if a major break down happens in bearish side below 67.00. Probability is few of it.
So I am staying with the Bullish. Happy Trading. Like and Follow me for more charts.
NASDAQ - "PARTY IS OVER"...is it?Holy Moly...
I use Newtons law of Action/Reaction many years now.
And again - i'm floored once more, how one can do a little "magic" with this knowledge.
Time will tell if we go down from here, but hey - If I see the previous FACTS in front of me, I really don't bet anything for another move up!
Thanks to all my followers for your support!
P!
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NASDAQ SHORT?NASDAQ In a big channel in Daily and we have got pretty good Bearish divergence in RSI 14 period. All you need is some extra PA to confirm the sell. Maybe we could go to shorter timeframe and look for a bearish pattern breakout to target 53.40 but I would not mind selling with a limit here but we have seen a couple of test so we have to be careful on the sell limit orders. I prefer going back to Shorter timeframe and look for a Breakout.
Thanks.
