GOOD DAY TRADER Hope everyone is great a look at the NASDAQ, S&P 500 & US30 ahead of HIGH IMPACT NEWS TODAY.
* Its been a bullish week for all the above mentioned indices alike as we see a rejection on the weekly time-frame. AS WE SCALE LOWER TO THE DAILY TIME-FRAME * We swept those historic highs and rejected back into the range.
NASDAQ DAILY
* The NASDAQ tested the 50% FIB as we see a rally up * Continuation is possible just as a possibility of sweeping the high.
S&P 500 DAILY
Same as NASDAQ we see the same setup on the US500
DOW JONES DAILY
* THE DOW is highly bullish this bring some interest Ahead of CPI. * Traded Above the hostoric highs and kept there range bound for a some weeks. * It will be interesting to see a push higher here but anticipating some reversals. * With some projections there is still room above we see -2 projection and -4 projection yet to be tested.
A JUMP TO THE HOURLY TIME FRAMES NASDAQ 1H T/F
* Beautiful bullish trend * On high alert for signs of momentum shift but we remain strongly Bullish. * We do see a cisd but this alone is not enough. awaiting more confirmations.
* THE SAME WITH THE S&P 500
US 30 1H
* Some bearish momentum coming into play. * premature to decide ahead of high impact news but it would be great to see some reversal before continuation with the trend.
* LIKE I MENTIONED AWAITING TO SEE SOME SORT OF REVERSALS ON THE INDICES BUT IF CONTINUE BULLISH WE RIDE THE TREND
*** TRADING HIGH IMPACT NEWS IS HIGHLY RISK AS THE VOLITILITY IS CRAZY THIS IS NOT ADVISE TO EXCECUTE DURING THIS HIGH IMPACT NEWS***
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
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