JICPT| Nasdaq creating new high with uptrend continues
Updated
Hello everyone. Nasdaq hit new historic high in early Monday trading session of U.S., with key Fed summit held in this Thursday.
Actually, I published a post titled 'Nasdaq gathered momentum from low!' last Thursday, recommending a buy-the-dip strategy. I think market was a bit overreacted on the Fed minutes of a tapering discussion. It's not happened yet, so any drop is a bit buying opportunity.
As expected, price easily conquered 15000 level and created new high today. Basically, there is no reference to the left side based on supply and demand.
By measured move, the next upper range boundary would be 15555. Will price directly hit that level this week? Let's see!
Give me a like if you're with me. Thank you for your support!
Actually, I published a post titled 'Nasdaq gathered momentum from low!' last Thursday, recommending a buy-the-dip strategy. I think market was a bit overreacted on the Fed minutes of a tapering discussion. It's not happened yet, so any drop is a bit buying opportunity.
As expected, price easily conquered 15000 level and created new high today. Basically, there is no reference to the left side based on supply and demand.
By measured move, the next upper range boundary would be 15555. Will price directly hit that level this week? Let's see!
Give me a like if you're with me. Thank you for your support!
Trade closed: target reached
Target reached...
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