Hello everyone, 👋
NASDAQ is starting the week near record highs after another strong move higher. The market remains in a bullish structure, but current levels leave limited room for error and increase the importance of confirmation around the recent highs.
A sustained move above the current high could open the way for further upside, while a rejection followed by a break of the nearest intraday support would increase the probability of a deeper pullback.
🟢 As always, a break above the green level will have me looking for immediate long opportunities.
🔴 A break below the red level will shift my focus toward potential short setups.
⚠️ This analysis is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and manage risk appropriately before making any trading decisions.
NASDAQ is starting the week near record highs after another strong move higher. The market remains in a bullish structure, but current levels leave limited room for error and increase the importance of confirmation around the recent highs.
A sustained move above the current high could open the way for further upside, while a rejection followed by a break of the nearest intraday support would increase the probability of a deeper pullback.
🟢 As always, a break above the green level will have me looking for immediate long opportunities.
🔴 A break below the red level will shift my focus toward potential short setups.
⚠️ This analysis is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and manage risk appropriately before making any trading decisions.
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💚 SHORT Closed Manually before TARGET 💚+62 points on NASDAQ!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.