Nasdaq TP Hit, Possible Scenario's
My Nasdaq outlook for this week, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has reached the 12000 mark today and is currently pushing the border of the upper channel.
To me we have 3 possible scenario's:
1. Nasdaq will go down to about ~11840.
2. Nasdaq will go down to about ~11700, or the lower border of the channel.
3. Nasdaq will break out of the channel and push to ~12450.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon .
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Nasdaq has reached the 12000 mark today and is currently pushing the border of the upper channel.
To me we have 3 possible scenario's:
1. Nasdaq will go down to about ~11840.
2. Nasdaq will go down to about ~11700, or the lower border of the channel.
3. Nasdaq will break out of the channel and push to ~12450.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon .
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