NAS100 USD NQ1! NASDAQ 2022 Apr 25 week
NQ took on scenario 2 and travelled quite closely to our planned path
from last week's analysis If no exceptions, market should attempt
13100 region. Wait for price reaction to these levels before attempting
entry.
Possible Scenarios mapped out:
1) Price finds support at the 13025 - 13300 region and attempts for 15160
(the 13100 - 15160 rotation structure)
2) Price breaks 13025, retraces to test demand, and continue on a breakdown.
Weekly = Ave vol down bar closing at low = weakness
Daily = High volume down bar closing at low = weakness
H4:Average vol down bar closing at low = weakness
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
16767 16481 15992
15492 15160 14391
13881 13666 13025
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Have a profitable trading week ahead.
