For 2014 I would like to wish all of you discipline and patience in your trading!
Today’s correction another opportunity to go long?
To be honest, I am not sure and some what exhausted from trying to predict what I consider a manipulated market…yet I am still trying to look at the chart and look for clues from the technical perspective even though stock indices have not really reacted to technicals in a while….
Daily chart of the mini NASDAQ 100 for your review below. I was hoping we can close below the 2073.50 level, which we did not BUT we were able to break it today.
Some possible levels to watch in the chart below: