NAS100

١٢ أبريل ٢٠٢٢

My outlook on the NAS100 chart is based on the fib retracement drawn after the bullish engulfing candle made on March 15 till date, as we see the market has retraced 75% showing some signs of rejection in my golden zone also supported by the lower band of my anchored VWAP tool plotted from the beginning of the year. However, nothing has been confirmed yet waiting to see how the market reacts to this month's core CPI and Federal Budget.

Trade only when your entry triggers have been initiated whatever they may be and targets are most likely the previous highs and Stops to be placed below the lower band of the VWAP.