NAS100 USD NQ1! NASDAQ 2022 SEP 05 Week
Last week Scenario 2 short at rejection of 12735 worked well.
Market is temporarily supported at 12017. 3 TF analysis showed
minor demand,
Possible scenarios:
1) Temporary long opportunity if 12018 is supported
2) Short on retracement / rejection at channel's supply line /
rejection of 12442, 12018
Weekly = High vol down bar close of low = supply, with minor demand
Daily = High vol down bar close off low = minor demand
H4: Ultra high vol down bar close at low, next ave vol up bar = minor
demand
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
13587 13200 12735 12442
12018 11620 11348
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
Related publications
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.
Related publications
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.