


Tons of volatility today in the markets due to NFP, this is my potential setup
Been a tricky week with Nasdaq, awaiting breakouts in these zones to validate further upside to 11250 and possibly even 11340. If we get rejection again then we going down to 11000.
retest 10900 before heading up, if we get a break we going back down.
Let’s see if we break 10920, if so we are seeing a triple top 11070 and potentially a new high, depends if we break 11085/11095, once we do I’m seeing 11150 and potentially 11340 next week. If it respects the triple top 11070 we will short and take profits at support zones.
awaiting to see how this double top plays out, potential moves are on the chart.
awaiting Microsoft and Tesla earnings to push us to 11200+
Looking at Microsoft and Tesla to take us back to the all time highs.
leaning towards the sell due to fundamentals and financial reports but as COVID-19 is a constant concern we wait for breakouts to validate the move.
the rally continues, risky sell setup @ 10875.
Got caught out by the tech rally but now we set to short until support and if broken we will see the market gap close. thereafter we will go long from our buy zone to new highs @ 10750. All though I do see NYSE pushing nasdaq a bit sooner than expected. OANDA:NAS100USD