SPX500USD
NAS100USD 2021 Aug 02 Week
Short opportunity for NAS las week, went to 14851, so long on the re-test of it.
Weekly: Down bar closing in middle, indecisiveness, also some supply present.
Daily = Shortening of Thrust, Supply present = weakness
H4 = We saw the sharpest decline from the high last week, Change in behavior with LH and LL.
Short preferred for week of Aug 02.
Strategy:
1) Short when price resisted at previous resistance / swing high
2) If price goes into rotation, long / short at the edges of the zone.
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Have a profitable week ahead.
