I believe as from Next week Tuesday Nasdaq is going to sell into the 13400 region before we can consider buying long term. I am a technical trader and I mainly trade price action. Currently the market is stuck in a correction, but am predicting an impulsive break to the downside. GOODLUCK GUYS. AND HAPPY EASTER.
I believe that the bearish momentum we saw from Wednesday was short lived, and its time for the bulls to regain strength. This index closed above a key support at 13700 and that is exactly where I think there is good buying oppertunity. Watch out for this one next week guys because its going to the moon. 14500 WILL BE HIT IN THE NEXT TWO WEEKS!!!!!. Let me know...
April has been a good month for the Nasdaq, it made a new all time high 2 weeks ago. My overall bias is to buy nasdaq but price is currently correcting and I spotted a shorting oppertunity of more than a 100 points.
April has been quite a good month for Nas100. Rallying more than 800 points to the upside within the first two weeks of the month. My bias is to stay long Nasdaq. I see a correction on h1. Friday 16 April. Price is still stuck in that box. However a break above will signify more bullish momentum. Watch out for this one. I believe Nas100 will close at 14300 this month.
