NAS100 USD NQ1! NASDAQ 2022 FEB 14 week

13 ก.พ. 2022

NAS100 USD NQ1! NASDAQ 2022 FEB 14 week

Last week's trade from 14582 works again, but was resisted by 15160.
Scenario C weakness manifested on H4 where price advanced on
NARROW spread, market provided a wonderful short opportunity.

This week's preference will be to short when price retraces on low volume.

Possible Scenarios:
a) Price returns into previous rotation zone 14582 - 14462 =
short at upper boundary resistance and and
long at lower boundary support 13706-13845
b) Short on trendline resistance / resistsance at price reaction levels
c) If price breaks lower boundary and then returns above it and is
supported, will look for long opportunity
d) If price breaks through lower boundary on high volume, wait for a
test and reject at the edge of the boundary to short.


Weekly = Average volume up down closing near low = Weakness
Daily = Average volume down bar closing near low = Weakness
H4: UHV down bar closing off low = Strength

Price reaction levels:
Short on Test and Reject | Long on Test and Accept

16767 16481 15992
15492 15160 14462
13706 12955 12465

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Have a profitable trading week ahead.