NQ1! NAS100USD 2021 NOV 29 WEEK
Short preference on NAS last week was good.
Market tested previous support area, will this hold? Meanwhile
will use the channel to guide entries.
Weekly: Average volume down bar closing off low = some demand.
However the low of the previous bar has been taken out, chart
may be saying it is bearish reversal.
compared to the up bar before it yet spread is narrrower than it =
Weakness expected
Daily: Average volume down bar closing off low = soem demand
H4: UHV wide spread down bar closing off low = some demand
16236 need to hold for uptrend to be intact.
17070 16695
16490 16303
16006 15896
15717 15503
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Have a profitable trading week ahead.
