NAS100
The NAS100 shares a strikingly similar outlook with the Dow Jones, also known as US30 for those acquainted with the terminology. In fact, the NAS trend appears even more pristine compared to US30. The lower lows (LL) and higher highs (LH) sequence exhibits greater consistency on NAS100, while US30 displays a minor fake-out, although still well-contained within our designated zone.
Choosing to align with either NAS100 or US30 is a decision not to be taken lightly. It hinges on a careful assessment of risk considerations, instrument pace, and prevailing market expectations, rather than simultaneously trading both indices.
The NAS100 shares a strikingly similar outlook with the Dow Jones, also known as US30 for those acquainted with the terminology. In fact, the NAS trend appears even more pristine compared to US30. The lower lows (LL) and higher highs (LH) sequence exhibits greater consistency on NAS100, while US30 displays a minor fake-out, although still well-contained within our designated zone.
Choosing to align with either NAS100 or US30 is a decision not to be taken lightly. It hinges on a careful assessment of risk considerations, instrument pace, and prevailing market expectations, rather than simultaneously trading both indices.
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FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: www.instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
