Terrible CPI report, large gap down, continuing rally and RSI hits 16.
So in the short term NDX should be overextended.
But perhaps more importantly the long term 1:1 fib has been re=-tested.
And so very likely I think that NDX bounces here to fill the gap and from there we'll see
I'm buying PYPL and ROKU here also, sorry I dont have time to cover them live.
Not advice.
So in the short term NDX should be overextended.
But perhaps more importantly the long term 1:1 fib has been re=-tested.
And so very likely I think that NDX bounces here to fill the gap and from there we'll see
I'm buying PYPL and ROKU here also, sorry I dont have time to cover them live.
Not advice.
Note
Getting late in the day and I would guess the up move may start before markets open for the week as they are sneaky like that - but just a guess.
Your FA guru can't read a chart💭
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.