Day 72. in the #nasdaq100 the bullish divergence that was visible followed by the HL was a sign that the bulls will be taking over. a sign that was created a little bit too late. i've realized that times have changed "again" and this time around the lady is moving sideways. however, the bulls are still in charge "for now". my bias will be to go long until the HLs (12200) start breaking..
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!