Early this March, I have seen progression with the retest / range of NAS100. This has been one of the top 3 markets I trade and add in my watchlist.
My idea is for NAS100 to revisit a neckline at around 15k to 15.5k as seen in the chart. How long it will take? That I don't know. So far, the channel seems to be holding and good to monitor how it will sustain(?) its trend.
After closing my initial position from previous post, I have continued to tranche my initial position last 17 March and tranche some buys yesterday. The economic release pre-market, with a lower inflation reading, has helped generate this optimism. Employment data will be out next week so will be reactive with this swing.