Hello fellow traders and investors, here's another idea.
US100 or the Nasdaq Index has recently formed a resistance and many people do not pay attention to these very helpful indexes that help you forecast where to reduce your position size or when to buy more. A lot of people don't have a lot of money to buy in when the market has a pullback, which is unfortunate because you have the resources to forecast a potential pullback area. This idea is to warn you that we are at a common resistance and the Nasdaq tends to pullback around this area so beware and make sure to have enough money to buy in if it pulls back.
I hope you enjoyed this very quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
US100 or the Nasdaq Index has recently formed a resistance and many people do not pay attention to these very helpful indexes that help you forecast where to reduce your position size or when to buy more. A lot of people don't have a lot of money to buy in when the market has a pullback, which is unfortunate because you have the resources to forecast a potential pullback area. This idea is to warn you that we are at a common resistance and the Nasdaq tends to pullback around this area so beware and make sure to have enough money to buy in if it pulls back.
I hope you enjoyed this very quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
