NAS100 USD NQ1! NASDAQ 2022 SEP 26 Week
NAS100 USD NQ1! NASDAQ 2022 SEP 26 Week
Hope you liked the short for NQ last week.
Temporary demand has returned, with price now at
demand line of channel.
We may see the formation of rotation area 11068 - 13587.
Possible scenarios:
1) Long if channel support / 11068 is supported
2) Short if price rejected at dotted trend line / channel's
supply line.
Weekly = Higher vol + narrower spread down bar,
close off low = demand coming in
Daily = Ave vol down bar close off low = minor demand
H4: Very high vol down bar followed by DoS up bar =
demand coming in
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
13587 13200 12735
12140 11647 11393
11068 10359 - 10532
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Have a profitable trading week ahead.
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