NAS100/NASDAQ HIGHER TIMEFRAME CONTEXT
The CPI is hotter than your girlfriend today, so keep me driving this idea, wether it goes higher first.
But whatever the prints on CPI, im expecting light rally @15370 zone before it ripped down below.
And if the 15080 zone would break again, Im expecting the previous support could break too.
14950 can still have a light rally but still bearish until the 14600 zone before it goes backup. to the break trendlines.
SO basically my view is wait below for a buy atleast at 14600 zone.
FOr swing traders wait for a CPI print or follow the line base on resistance zone 15380-15400
that would be my watch zone ..
Thank you for the support follow for more.
This is not a financial advice.
Swing traders only......
But whatever the prints on CPI, im expecting light rally @15370 zone before it ripped down below.
And if the 15080 zone would break again, Im expecting the previous support could break too.
14950 can still have a light rally but still bearish until the 14600 zone before it goes backup. to the break trendlines.
SO basically my view is wait below for a buy atleast at 14600 zone.
FOr swing traders wait for a CPI print or follow the line base on resistance zone 15380-15400
that would be my watch zone ..
Thank you for the support follow for more.
This is not a financial advice.
Swing traders only......
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