Thanks to everyone that continues to show support to my ideas I post here. In my previous idea I mentioned of Nas100 and the falling trendline that needs to be breached to confirm a fresh new bullish trend. It was great that we managed to take the first move and reached our first target and hoping to hold some positions for longer term. If you followed my previous idea, congrats to you.
Previous idea
What do we see right now? As I said the market breached the sloppy downward trendline and the market is now showing strong bullish signs. Here is what I expect today:
At the time of writing the market has already pulled down to 13384.14 area. Basically this is a key level that was slightly breached. I am expecting that there would be some sort of retest at this area and price pushes up. If the retest would not be sold enough then we can expect a drop to 13160-13167, around this level there is also a key level. From these points we can expect the market to rise. This same applies to US30 and S&P500, these two counterparts will also rise. Please do take time to check out my other previous ideas by following the links below.
First goal for Nas100 at 1415
Traders, please do support this idea with likes. Your continuous support is highly appreciated. If you have different opinion please feel free to share in the comment section below.
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