NQ (NAS100): simple positional theme tradinghi, hello fellow traders,
two areas were highlighted on the chart, to spot the attention to the possibility that local bottom just took place.
all in all, after that local bottom is created and calculation of the magnitude of the downside that brought us to that local low, target for the long set @ 15055.50
strategy: scale in (== refill) scale out (== book partial gains) as long the target did not reach. trade the LONG side of the market.
when target is reached, we will look further.
good luck
