Based on the evidence, price action, and fundamental news, it seems the second scenario is about to play out.
From today, my outlook is bullish until the previous high gets hunted — after that, I’ll reassess whether we’re likely to see further downside or if the bullish outlook should remain.
If market conditions shift and a continuation of the downtrend becomes more likely, we can take a solid short position next week to catch the move.
But for now, my bias is bullish, and the second scenario will likely play out.
If price reaches the second high I marked in blue, we’ll probably see a reaction from that zone.
If I open a trade, I’ll share it with you.
The Nasdaq index turned positive after recovering its losses when Trump responded “No” to a question about whether he would maintain the heavy tariffs on China.
From today, my outlook is bullish until the previous high gets hunted — after that, I’ll reassess whether we’re likely to see further downside or if the bullish outlook should remain.
If market conditions shift and a continuation of the downtrend becomes more likely, we can take a solid short position next week to catch the move.
But for now, my bias is bullish, and the second scenario will likely play out.
If price reaches the second high I marked in blue, we’ll probably see a reaction from that zone.
If I open a trade, I’ll share it with you.
Trade chiuso: obiettivo raggiunto
Well, congratulations!Finally, at 10:30 PM last night, the target of this trade was hit,
and the position was closed successfully.
Thanks to everyone who showed their support.
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Pubblicazioni correlate
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.