NQ1!NQ1! NAS100USD 2021 OCT 11 WEEK
H3 chart background showed shortening of thrust in donwtrend, supply is weaknening.
High volume upttrend took out the previous 3 highs. Temporarily, strength has returned.
Will wait for market to test the lower levels to long.
Weekly: High volume up bar closing off high. Some demand has returned
Daily: Average volume down bar, forming a 2BR. A lower close on the next bar confirms weakness.
Entries will be based off price reactions at these levels
Short on Test & Reject | Long on Test & Accept
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Have a profitable trading week ahead.
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