Hello everyone. NQ has been retreated from key fib level of around 13744 last Wednesday.
Now, it's approaching the nearest demand zone on the daily(12740-12930). That's a 210 points wide range, coincided with flip level.
I would like to see if the zone will the respected. If so, Previous high around 13744 would be the short-term target.
It'll be a volatile week as Fed chair Jerome Powell would comment on inflation at the Central bank's annual Jackson Hole economic symposium. Investors will digest what he says and bet on how much Fed will hike the interest rate. Would it be 75bps or 50bps?
What if the zone gets violated? 12150-12038 would be served as the second defense zone. What do you think? Give me a like if you're with me.
Now, it's approaching the nearest demand zone on the daily(12740-12930). That's a 210 points wide range, coincided with flip level.
I would like to see if the zone will the respected. If so, Previous high around 13744 would be the short-term target.
It'll be a volatile week as Fed chair Jerome Powell would comment on inflation at the Central bank's annual Jackson Hole economic symposium. Investors will digest what he says and bet on how much Fed will hike the interest rate. Would it be 75bps or 50bps?
What if the zone gets violated? 12150-12038 would be served as the second defense zone. What do you think? Give me a like if you're with me.
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plan your trade and trade your plan
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.