👁️ OUTLOOK
5hr chart:
30m chart:
Indices: NAS100
5hr: Price is starting to break bullish and respecting lows. Price is now above the 50ema and 10ema but not quite above the 200ema like I want it to be. However if price continues to break bullish, possibly next week. I will happily look for longs once price breaks above the 200ema.
30m: Price on the 30m looks promising, breaking bullish and currently re-accumulating. Price is currently above the 50ema and 200ema, just coming under the 10ema where price can possibly provide you with some 5m entry opportunities. However I personally wait till we get above the 200ema on the 5hr chart to then look for longs on indices. Good luck tomorrow if you are trading NAS100!
Direction bias: Bullish on NAS100, however need it to break bullish above the 200ema and start surfing the 10ema on the 3hr chart. If this happens, then I would happily look for longs :) simple
5hr chart:
Indices: NAS100
5hr: Price is starting to break bullish and respecting lows. Price is now above the 50ema and 10ema but not quite above the 200ema like I want it to be. However if price continues to break bullish, possibly next week. I will happily look for longs once price breaks above the 200ema.
30m: Price on the 30m looks promising, breaking bullish and currently re-accumulating. Price is currently above the 50ema and 200ema, just coming under the 10ema where price can possibly provide you with some 5m entry opportunities. However I personally wait till we get above the 200ema on the 5hr chart to then look for longs on indices. Good luck tomorrow if you are trading NAS100!
Direction bias: Bullish on NAS100, however need it to break bullish above the 200ema and start surfing the 10ema on the 3hr chart. If this happens, then I would happily look for longs :) simple
Comment:
damn I'm good
Comment:
PRICE IS GOING! HOPE YOU ALL CAUGHT THE MOVE FROM THIS IDEA!
Comment:
5hr chart:
A great week for US indices, lets see if we can still push higher for the upcoming week of May (Week 2)
A great week for US indices, lets see if we can still push higher for the upcoming week of May (Week 2)
Took a nice long this morning on NAS100 and took a nice partial just now 50% off.
Moved my SL to BE.
Expecting price to keep pushing higher but anything can happen here at it is just the beginning of the week! Happy with this trade so far.