LB analysis : Price is seeking lower prices. Current price is at discount for both Micro and Marco range. Expecting a retracement to continue the down trend. Follow momentum and look for selling opportunities to minimize risk. Key Note - Nas100 closed below December low @ 15510.2 - S&P has yet to trade below its low @ 4533.4 but very close and Us30 has yet to trade below the low of December @ 34676.0. High portability bias if S&P trade below its low of December, expect for us30 to follow. History repeats itself - More often than not Indices are bearish first quarter.
I will dive into smaller time frame to go over my entry - Not the best entry, but will show room for improvement.
London Boyz
LB analysis : Price is seeking lower prices. Current price is at discount for both Micro and Marco range. Expecting a retracement to continue the down trend. Follow momentum and look for selling opportunities to minimize risk. Key Note - Nas100 closed belowβ¦
S&P closed below 4533.40 β
Us30 following & Real close to 34676.0
Us30 following & Real close to 34676.0
S&P looking to trade to 4434.65 π
Nas100 looking to trade to 14586.30π
Us30 already cleared sell side high & purged equal highs
Nas100 looking to trade to 14586.30π
Us30 already cleared sell side high & purged equal highs