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Miles4life1
Mar 27, 2024 2:13 AM

NAS outlook 3/27 Short

US Nas 100OANDA

Description

Hi all,

Looking at the NASDAQ from the 1H time frame we see support that can be found at 18250-18200.

From there, I anticipate price to retest the upward trendline which will now act as a resistance line as price closed below this trendline.

I will look for setups on shorts around 18400-18350.

Next support level can be seen on the 1D time frame at 18100-18050.

Comments
lAtalha
I see impluse followed by correction..
market completed C.
by breaking low if A ..
which made my confidence to be a 🐂
JoeChampion
i'm watching the reverse, a breakout of a downtrend and potential retrace to upsides!
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