NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK

2023年3月26日

NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK

Nothing eventful last week at price was testing 12950.
No trades for indices last week as opportunity didn't happen
during my waking hours. Also the messiness on M30 &
lower TF.
Concern: Despite greater effort, progress from
H to H1 was only marginally higher, and price closed below
12950.


Possible scenarios:
1) Market test 13740 = long on retracement //
acceptance at 12950
2) False break of 12950 = short on rejection of 12950

Volume Analysis:
Weekly = Narrowing spread Ave vol up bar close off high
= non-trend changing minor
weakness
Daily: No Demand up bar = non-trend changing weakness

Price reaction levels:
Short on Test and Reject | Long on Test and Accept

14361 13740 12950-12678
11921 11068-10710

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Have a profitable trading week ahead.