Kumowizard

NAS100 - OK, it is still bullish, but a bit overbought

FX:NAS100   美国100现金CFD
4
Weekly:
- Still now close below Kijun Sen, so the trend is still very bullish, key supports (Kijun and future Senkou B) are coming higher
- Heikin Ashi signal switched to bullish again, but haDelta is reaching extreme high area, so we may see some momentum slow down soon

Daily:
- Back to bullish Ichimoku setup. Remember, a valid bearish Kumo breakout needs the criteria of close below previous key support low. It did not happen, so Price blew up to new highs.
-- Heikin Ashi is bullish, but looking at haDelta, which has started to turn down from extreme high level, we may see some bullish consolidation or a 1-2 % pull back later this week.

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