NAS100USD NQ1! NASDAQ 2021 Oct 04 Week
NQ1!NAS100USD NQ1! NASDAQ 2021 Oct 04 Week
Resistance 15437 and short from 15163 was fruitful.
Weekly = UHV down bar closing off low = strength.
Daily: Shakeout bar closing off high. If next bar closes higher, this confirms strength,
Wait for Monday 04 Oct.
Daily chart two lower highs and 1 higher low has been formed.
H4: Temporary support at 14537, and narrow spread up bar closing in middle = weakness.
Per daily channel's analysis - wait for Monday 04 Oct bar's close.
Strategy for Short: (Test and reject):
Strategy for Long (Test and accept):
Entry will be base off price reaction to these levels:
14537
14744
14951
15163
15400
15518
15700
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Have a profitable trading week.
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