For the last 2 weeks we have seen a rise in old short contracts being closed while in the same period of time a significative number of new long contracts have been opened (but no peak).This is slightly bullish and Nasdaq 100 Index is expected to rise soon but I do not believe it will be a long rally/wave(just a swing).Check my Nasdaq 100 index chart on my websites:http://cotreportfreeswingcharts.my-free.website and http://futuresandoptions.wix.com/cotswingcharts
My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.
Monday, 17 August 2015
Nasdaq 100 Index
For the last 2 weeks we have seen a rise in old short contracts being closed while in the same period of time a significative number of new long contracts have been opened (but no peak).This is slightly bullish and Nasdaq 100 Index is expected to rise soon but I do not believe it will be a long rally/wave(just a swing).Check my Nasdaq 100 index chart on my websites:http://cotreportfreeswingcharts.my-free.website and http://futuresandoptions.wix.com/cotswingcharts
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