NASDAQ in for some moves lower.

OANDA:NAS100USD   US Nas 100
Price Altitude: Middle
Daily Trend: Range
4H Trend: Down

Analysis: Daily supply is in control and it has removed a daily opposing demand. Biased towards the short side.

Prediction: Continue moving lower into daily demand.

Price Points of Interest:
4H supply inside daily @ 7432.8
4H supply @ 7399.4
4H demand inside daily @ 7217.3

This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Supply and Demand is everything in this business.
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