Nasdaq-100 Index (US100)
this week biggest U.S technology companies are to report their quarterly results : Alphabet Inc. (GOOG) , Amazon Inc. (AMZN) , Microsoft Corporation (MSFT) , Apple Inc. (AAPL) , Meta Platforms Inc (META)
with Tesla, Inc. (TSLA) last week beating earning expectations
positive results could cause a rebound driving the index higher.
price is trading at below 11500 price areas which is a significant level of resistance that has been a stumbling block for price , with price recently breaking bearish trendline and forming a full OCHL candlestick indicating a shift of market momentum from bearish to bullish. Daily demand level of proximal price of 11274 is in control of price adding to the bullish bias.
i am waiting price to violate the 11500 price area with long targets at 118554 where there is DAILY SUPPLY CP + prev daily demand
supply and demand
put together by : Pako Phutietsile
presented by : @currencynerd
courtesy of : @TradingView
the Nobel Prize in economics belongs to Satoshi Nakamoto
this week biggest U.S technology companies are to report their quarterly results : Alphabet Inc. (GOOG) , Amazon Inc. (AMZN) , Microsoft Corporation (MSFT) , Apple Inc. (AAPL) , Meta Platforms Inc (META)
with Tesla, Inc. (TSLA) last week beating earning expectations
positive results could cause a rebound driving the index higher.
price is trading at below 11500 price areas which is a significant level of resistance that has been a stumbling block for price , with price recently breaking bearish trendline and forming a full OCHL candlestick indicating a shift of market momentum from bearish to bullish. Daily demand level of proximal price of 11274 is in control of price adding to the bullish bias.
i am waiting price to violate the 11500 price area with long targets at 118554 where there is DAILY SUPPLY CP + prev daily demand
supply and demand
put together by : Pako Phutietsile
presented by : @currencynerd
courtesy of : @TradingView
the Nobel Prize in economics belongs to Satoshi Nakamoto
