NASDAQ weekly Projections

Today is ppi and ECB rate news, but ppi will give a lead into cpi, the market has been like that it's because of the data dependent environment, because the market is just waiting for economic data before decisions are made. If ppi will go in favour of dollar then the high I marked at 29755.62

Today is ppi and ECB rate news, but ppi will give a lead into cpi, the market has been like that it's because of the data dependent environment, because the market is just waiting for economic data before decisions are made. If ppi will go in favour of dollar then the high I marked at 29755.62

Yeah. If the news impact causes price to break above 29500, I'll be looking out for buys. If it breaks below 29300, I'll be looking out for sells.

I will not just take today ppi as a single trading structure, I will want to see how it affects dxy, yields, vix, AUD index, bonds and stock markets, then I will know if us demand has started or I need to wait

Today is ppi and ECB rate news, but ppi will give a lead into cpi, the market has been like that it's because of the data dependent environment, because the market is just waiting for economic data before decisions are made. If ppi will go in favour of dollar then the high I marked at 29755.62

CPI coming up on Friday. Today will set the tone against tomorrow. True.
I'll be waiting to see Nas100 next directional decision.

CPI coming up on Friday. Today will set the tone against tomorrow. True.
I'll be waiting to see Nas100 next directional decision.

NAS 100- The news release shot down price to 29000 price level my anticipated buy entry zone.
But I won't be buying considering the high volume.

The sells will still continue untill the market gets to a risk on environment

It is actually clear that price is favouring a risk off environment, soon dxy will strengthen and stocks will keep falling more, do not trade against the market conditions untill there is a change

I'll just wait for the news effect to cool down and possibly for the 4hr to close. It presents a good buy scalp opportunity with entry at at 1hr closing price and SL below 28999.

Technically, I'm expecting more sells this month. to fill the bullish imbalance created last month and possibly continue down to 27,000. I'm holding on to this monthly bias in Mind.

Since the month has started with a risk off environment I will have that in mind untill it changes, for this month more sells is anticipated on risky assets

If you are trading against the trend and market sentiment risk what you can afford to lose

Definitely risk is priority.
This is the buys I was looking for. It came in earlier than expected, so I missed it.

It will still sell from that level, that is just price trying to rebalance itself

Yeah, I know. I'm not interested in the sells, it's the buys that I had my interest in, but I'll just stay away.
I'm expecting sell reactions from 29227, or 29337.

Price is respecting that support/demand level. Price should break that level below before i can consider the sells

Price broke the level and sold aggressively.