Its one of the index I usually look very closely.
After the strong drop on 6000 I think it has gone bearish now. But the bullishnes for the last two days have created doubts for me.
I still think its bearish because of two reasons:
1) 6000 was an all time high and it needs a good correction to go up. In my opinion a good correction is 0.78 fib mark which is not achieved yet.
2) The bullishness for the last two days is too strong and it will and must end soon :)
Thursday will be a very interesting day for NDX I think. If bullishness persists then we will see 6000 again and may be higher.
If I am right and its just anomaly then we will be seeing a strong pullback and we may see a new low which will be much lower than 5800.
Look out for this instrument.
All feedbacks are welcome.
Like and follow if you agree :)
Trade safe :)
After the strong drop on 6000 I think it has gone bearish now. But the bullishnes for the last two days have created doubts for me.
I still think its bearish because of two reasons:
1) 6000 was an all time high and it needs a good correction to go up. In my opinion a good correction is 0.78 fib mark which is not achieved yet.
2) The bullishness for the last two days is too strong and it will and must end soon :)
Thursday will be a very interesting day for NDX I think. If bullishness persists then we will see 6000 again and may be higher.
If I am right and its just anomaly then we will be seeing a strong pullback and we may see a new low which will be much lower than 5800.
Look out for this instrument.
All feedbacks are welcome.
Like and follow if you agree :)
Trade safe :)
Emir iptal
This analysis is no more valid due to the price action on friday. Please refer to the new chart on NASDAQ.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.