NAS100 - Potential Targets

24 Mar

How I see it in the shorter term:

KEY LEVEL OF CONFLUENCE, NOW SUPPORT @ 19960.00

Potential "LONG" -
TP 1 = 20490.00
TP 2 = 20834.00

Potential "SHORT" - To Fill Imbalance
(Requires a break and hold below KEY SUPPORT)
TP 1 = 19975.00

Keynote:
Stocks had a GAP weekly open, which indicates potential bullish momentum.
At some point the GAP needs to be filled.

Thank you for taking the time to study my analysis

24 Mar

Not

My 5cents:

I will wait for the imbalance to be filled and take it from there...

24 Mar

Not

I'm Scanning the horizon for possible resistances that will force price down for the imbalance:

Exact Imbalance Target to be filled, "SHORT" TO 19758.25
(Price can just spike down to fill and reverse back up also)

Resistance 1 = 20032.80
Resistance 2 = 20174.83
Resistance 3 = 20233.50

I hope this helps, let's see...