NAS100USD 2021 JUL 19 WEEK
Long on dip worked well, followed by triple top rejection and market moved mightily to
reach intermediate support 14683 last week.
Let's see next week if bearish momentum follows through next week.
Weekly: Hidden upthrust = Weakness
Daily = Bearish
H4 = Bearish
Strategy:
1) Short on retractment
2) Critical support 14556 if broken, we may see more downside.
3) If 14556 was broken and price returns to green zone, we can look for long opportunity
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Have a profitable week ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.