NQ1! NAS100 NASDAQ 2023 MAY 01
NQ remains in rotation. The week yielded 400pts profit based on
discretionary trade taken on 24 April and Scenario4 trade taken on
27 April. (Refer to analysis provided for week of 24 April for
Scenario4). Next, wait for price reaction to 13350.
Possible scenarios:
1) Market stuck in a 250pt range, wait till supply/demand is
resolved
Then:
2) Breakout of upper boundary to test 13740
= long at support of upper boundary of range
3) Breakdown of lower boundary of range
= Short on rejection of 12950
4) If you can't live without trading, you may look for long on
support between 12950-13040 | Short on rejection
between 13350-13212
Volume Analysis:
Daily: Supply and demand almost in equilibrium at this tiny
rotation.
Mark up on average volume last Friday, stopping at resistance 13350.
Don't chase long, wait for price reaction.
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 13350
13316 12950 10710 - 11068
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
*For educational purpose only.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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我想我们只能得到这些了。将在长期头寸上增加一点。
been pumped up over the last week the dump is coming beware