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
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Have a profitable trading week ahead.
