Nasdaq seems on a fast track to close Feb 2024
And still a lot can happen in 3 days, which is the remaining time left to close the month.

One key point to make:
While Price continues to deliver within Bullish structure.
Weekly Price has been unable to close above 18071.
Current momentum is expected to continue to push price higher, but noting price's inability to close a weekly candle above this price area will open the possibility of repricing down.

It is what it is till its not
Price is expected to continue its up-close trend until it shows clear indication of weakness.

Looking for a possible Bearish Mon-Tues structure, setting the stage for Bullish continuation Wed-Thu.
And still a lot can happen in 3 days, which is the remaining time left to close the month.
One key point to make:
While Price continues to deliver within Bullish structure.
Weekly Price has been unable to close above 18071.
Current momentum is expected to continue to push price higher, but noting price's inability to close a weekly candle above this price area will open the possibility of repricing down.
It is what it is till its not
Price is expected to continue its up-close trend until it shows clear indication of weakness.
Looking for a possible Bearish Mon-Tues structure, setting the stage for Bullish continuation Wed-Thu.
Nota
Price momentum carried price Higher on Monday. At least it kept within range.Expecting price to attempt to take yesterdays highs.
Failure to hold this will result in a downside rebalancing-NOT A FLUSH!
If Mondays Highs are held then you can expect for prev highs to be next target.
I would still like to see some sort of rebalancing down at the beginning of week. Yet we have a few days remaining in Feb and price needs to deliver.
Trade chiuso: obiettivo raggiunto
DO YOUR OWN RESEARCH!!!
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DO YOUR OWN RESEARCH!!!
linktr.ee/tru.capital
linktr.ee/tru.capital
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.