Hello traders,

As you can see, there is a strong amendment, a bullish momentum today in NASDAQ, giving us a great opportunity for a bullish a long train.As you can see from the chart, there is.an inclination to go up upward to reach the daily level of 20474 which is.A higher.Target, So please keep in mind that this is a trade that we took pre market since early in the morning the market showed some significant volume.With the.Upside move of the standard deviation. Also a breakthrough of the 50 moving average.That gave us more confluence that the market is going higher to reach the daily level. So please keep in mind that today we have an.Economic data that will be released today for the.Uh, uh, what is it? Umm, the uh.Excuse me? Initial jobless claim is gonna be released today and if it is positive, so we might see an upside down of the trend where we'll have like.a move downward or a reversal of the trend if so we should be looking for 20124 level which is a previous daily level which is well respected. And as you can see from the chart, those lines are very very.Helpful that show us it's like a road map for the price action to be moving.From level to level, this is how we can make money off of.It's pretty simple, but it's really effective, so please pay attention to those levels and let's make money together..
Beyond Technical AnalysisBullish PatternsForexFundamental AnalysisfuturesNASDAQ 100 CFDnasdaqsignalsTrend Analysistrendlineanalysis

Also on:

Disclaimer