Hello everyone, 👋
Despite the two-day pullback, the overall market structure hasn't changed significantly. The move was largely fueled by profit-taking in semiconductor names after an exceptional first-half rally, while Warsh's speech failed to deliver the catalyst many traders had anticipated. With Non-Farm Payrolls and the upcoming earnings season approaching, we continue to favor short-term trading opportunities over positioning for a larger directional trend.
🟢 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.
Despite the two-day pullback, the overall market structure hasn't changed significantly. The move was largely fueled by profit-taking in semiconductor names after an exceptional first-half rally, while Warsh's speech failed to deliver the catalyst many traders had anticipated. With Non-Farm Payrolls and the upcoming earnings season approaching, we continue to favor short-term trading opportunities over positioning for a larger directional trend.
🟢 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.
Trade chiuso: obiettivo raggiunto
💚 SHORT Target Reached! 💚+261 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.
