[BUY] NDX100 - Bullish - We look to Buy at 12040 Although t | Blueberry Markets
[BUY] NDX100 - Bullish - We look to Buy at 12040
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible We are trading at oversold extremes This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher The hourly chart technicals suggests further downside before the uptrend returns We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher