weak bounce structure nasdaq futures (us100)
Updated
if were seeing vwma continue lower into the vwap channel and we resist at those levels the picture is still quite bearish for nasdaq futures daily. we could rally a few days and lose support, or we could stay bound in this attempt at a bottoming range and falter after some sideways movement. ont thing is for sure bulls still have a lot of proving to do, and theyre going to want to do it quick.
Trade closed: target reached
this is an appropriate place to close short
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