NAS100 USD NQ1! NASDAQ 2022 JAN 03
Happy New Year and have a prosperous 2022!
Trade levels 15540 / 15650 given on 2021 Dec 20
with market targeting 16460 was achieved.
Rotation range remains: 16767 - 15540.
Weekly/Daily = Price did not reach supply line of trend channel,
possible pullback to demand line.
Intraday short will be preferred as long as price within brown
downward channel.
Weekly: Uptrend channel. Low volume upthrust bar
(2nd UT) near reference high 16767.50 =
Weakness.
Daily = Uptrend channel. Ave volume UT bar followed
by weakness (2nd UT after reference high)
H4:High volume down bar closing off low.
Short preferred on retracement for intrady.
17441 17070
16767 16660
16458 16336
16140 15925
15538 15492
15000 14892
Short on Test and Reject | Long on Test and Accept
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
Happy New Year and have a prosperous 2022!
Trade levels 15540 / 15650 given on 2021 Dec 20
with market targeting 16460 was achieved.
Rotation range remains: 16767 - 15540.
Weekly/Daily = Price did not reach supply line of trend channel,
possible pullback to demand line.
Intraday short will be preferred as long as price within brown
downward channel.
Weekly: Uptrend channel. Low volume upthrust bar
(2nd UT) near reference high 16767.50 =
Weakness.
Daily = Uptrend channel. Ave volume UT bar followed
by weakness (2nd UT after reference high)
H4:High volume down bar closing off low.
Short preferred on retracement for intrady.
17441 17070
16767 16660
16458 16336
16140 15925
15538 15492
15000 14892
Short on Test and Reject | Long on Test and Accept
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
