EUPHORIA ON NASDAQ

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The indices reacted very optimistically to the labor market data and a possible pause from the Fed.

The NASDAQ has approached its recent maxima and all indications are that it will attack the KIJUN line on the monthly interval.

I now expect a short correction - KIJUN/TENKAN H4 - and then an attack towards the top.

I will change my stance only after the slide to the area of 13000, and then I will go back to short trading.

١١ مايو ٢٠٢٣

ملاحظة

It seems like indices have problems to push further and NASDAQ stops at smaller resistance. I jumped on SHORT on DJ30 and and from now on nasdaq only observe status.

١٧ مايو ٢٠٢٣

ملاحظة

Out of SHORT on DJ30. NASDAQ detached from the rest and going up alone. Only daytrading/scalping there (upside); nothing more. Waiting to signal to big fat short, probably from KIJUN LINE on MN1

١٧ مايو ٢٠٢٣

ملاحظة

NASDAQ touched KIJUN on MN1. TARGET REACHED.

P.S. I placed line on the chart above a little to high.

١٧ مايو ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

٢٥ مايو ٢٠٢٣

ملاحظة

I'm waiting for a signal to SELL.

Right now iis high volatility because of debt ceiling talks.