Nasdaq on support with no volume


UST Tech 100, NQ

The level at which the value is now is so obvious that it is impossible. Additionally, you should look at the trading of contracts that have almost stopped. The lack of willingness to trade may be due to the anticipation of the FOMC, which is likely to move all markets significantly. In the second picture, I showed a scenario that should happen so that everything goes according to plan. Now we are waiting for the price reduction that will occur together with the increased volume, then we will see that the other side of the market is buying panic. After the first bounce signal, we will be able to enter into a transaction.

Remember that the closer to 20 o'clock European time, the less reliable the analysis will be because the FOMC causes the movements to be unjustified and often investors make decisions against logic (that's why so many people lose on the market).

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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