We were on the money with yesterdays analysis and it played out as expected with the repeat of the same pattern. Today I am expecting the exact same pattern to occur as we know NAS has been in a nice little uptred lately, however we are at a very key level and one could never really now for sure. Our Premium clients made $103/0.01 Lot entered yesterday, pop me a...
Firstly please excuse my messy chart, it seems to be the only way I could convey my idea across to all of you, I believe today we are looking at a buy, why? because we know price repeats itself, patterns repeat themselves, we can see in the demarcated baby blue areas we have 2 peaks, then an aggressive drop followed by the start of a steady rise with sideways...
This is my quick analysis for NAS , I believe a move up to 8775 is possible today as we see a bounce off of the trend and FIB support moving towards FIB resistance. I also believe that the US Open will play a big role in this upward momentum for today if the move is made we will see a drop by $50-$75 in the remaining hours before market closure.