SHORT - NAS100 (2 Jul 2023)
Position Trade - NAS100
Monthly:
- Monthly chart presents a MEGA opportunity to short from the fresh monthly supply zone.
Weekly:
- To proceed with caution as price has retested the supply zone that holds. Hence to look for SELLS only with confirmation, when price has broken the demand zone near Curve
Daily:
- Same for Daily Chart; price needs to break the demand before looking for SELLS
Monthly:
- Monthly chart presents a MEGA opportunity to short from the fresh monthly supply zone.
Weekly:
- To proceed with caution as price has retested the supply zone that holds. Hence to look for SELLS only with confirmation, when price has broken the demand zone near Curve
Daily:
- Same for Daily Chart; price needs to break the demand before looking for SELLS
Note
Daily Chart has performed as per my analysis (see playback above)This analysis will be closed.
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