On the daily, still expecting a drop for a retest of the bearish trendline that price broke out from at the 28402 support price level, replicating the volume pattern at the left side of the zone.
With the daily low formation at the 29226 price level, I'll be joining the buys from the support zone to the minor resistance at 29700 price level, once the conditions present itself next week.
NAS 100- Daily Update Nas 100 starts the week with sells, but I'll wait for New York session to trade Nas 100. Looking out for buys at the 28,604 with SL at 28,151.
NAS 100- Daily Market Update Technical Outlook: Bullish Price has formed a daily Low at the 29000-price level showing the bulls are maintaining their boundaries and not going to allow price to decline further.
The buys I was expecting from 29145 during Early New York session at least, is what I'm seeing it happen at 9pm-10pm during New York and Market close for the day. This is frustrating to witness without being part of the move and making the profit as earlier intended.
NAS 100- On LTF, price has created a double top at the 29607-price level while still confined to the intraday bullish channel. Invalidation of the double top, and price will continue the rally.
Also, this Trend Support is also a valid consideration. A break below and sells will drop price to 29440, but a break above 29702 and I'll look to continue the buys to 30,000