paradox677

NAS100 USD NQ1! NASDAQ 2022 FEB 28 week

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures


NAS100 USD NQ1! NASDAQ 2022 FEB 28 week

Last week's short on break of boundary was fruitful, with price
reaching a major demand area. Thereafter, demand came in
strongly to protect their position, presenting to us a wonderful
long opportunity.

Preference will be to long on retracement.

Scenarios:
1) If market comes down on low volume, look for long when price
finds support.
2) Supply overcome demand for short

Weekly = Average volume down bar closing off low = some demand,
but weakness still present.
Daily = High volume shakeout followed by average volume up bar
closing at high = Strength
H4: Very High Volume up bar closing at high = Strength.

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

16767 16481 15992
15492 15160 14180
13700 13246 13025

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Have a profitable trading week ahead.

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