NQ1! NAS100 NASDAQ 2023 FEB 20 WEEK
Result for week of 13 Feb yielded 368pts in total from 3 trades.
Market testing breakout area 12140-12271.
Possible scenarios:
1) Rotation Play between 12987-12811 and 12140-12271
2) Short on rest and reject of 12140-12271
Volume Analysis:
Weekly = Ave vol level bar close toward low = minor demand
Daily: Ave vol down bar close away from low = Minor demand
H4 = Ave vol up bar close toward high = minor demand
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
13587 12987-12927
12811 12572-12465 Rotation
12140-12271 11603
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Have a profitable trading week ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.