Nasdaq100 (NQ) fell until the lower Friday after a forceful reversal from the ending in the afternoon in the USA. With a low and high January, compared to the low and high level, all January tests in February are currently only moderately, but less and less likely. Before Bears is excited, NQ will have to stop below the low last Monday, which, based on the forceful reversal of the end -held Friday, is moderately likely by the end of this week. The January reversal of tombstones from the upper shade of height along with the early stages of February Doji suggests that NQ could enhance the high extension on the bull market, which began at the end of 2022. Watch out for greater variability on Monday with the American production of ISM PMI, Tuesday with American Jolts job offers, Wednesday with American ADP independent of the ISM PMI farm and services, Thursday with unemployed claims in the US economy and unemployment and an unemployment rate.
Weekly, daily and 4HR RSI, stochastics and MacD are tiring or constantly falling. I want to get in a red zone (daily table), heading for the green zone for Friday. The amber/yellow zone is a place where I can stop if I was a swing dealer (although on my personal account, with which I rarely stick to the night, sometimes I set my stops).
