Pennywick

NAS - Head and Shoulders Confirmed

FX:NAS100   US 100 Cash CFD
The key area for the overnight session is the .618 of the Blue Channel. This area along with the .5 offer supports to set-up a higher low. The linear .382 will be an area of interest. The sharp reversal in Zoom as well as the breakout in RKT demonstrate a stock-pickers market. For each and every chart there is a bull case and a bear case, two sides, one direction, many time-frames, many interpretations, ways to win while being wrong and lose while being right. From time to time riding the wave.
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