Nasdaq has moved into a bearish phase. I believe it will drop to the 13100 - 12900 level. I will look for potential short on the way down. My main goal is to look for long positions between the 13100 - 12900 area if I get the correct reversal patterns. Lets wait and see
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just bounced off the 61.8 area. I still believe that its too early for NAS to start creating new highs.
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Here we go! lets see if she can break the 61.8 area today and move closer to the 78.6 area
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NAS is not playing around. Lets see if we start seeing any signs of rejection! I am excited for a buy opportunity!!
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NAS has bounced Nicely off the mentioned zone and showed us some reversal signs. I do not think she is ready to create new highs just yet. I think we will get another opportunity for a buy today
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