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[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


Stop: 11830.0
Target 1: 12640.0
Target 2: 12945.0

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