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US Nas 100

NAS100USD 2021 JUL 26 WEEK

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NAS100USD

NAS100USD 2021 JUL 26 WEEK

Scenario 3 was activated when price was supported at 14556, offering long opportunity

Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness

Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support

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Have a profitable week ahead.
paradox677
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NASDAQ 100 CFDUS NAS 100nas100usdanalysisnasdaqnasdaq100NASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESSupply and DemandSupport and ResistanceVolume

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NASDAQ 100 CFDUS NAS 100nas100usdanalysisnasdaqnasdaq100NASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESSupply and DemandSupport and ResistanceVolume
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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.