NASDAQ weekly Projections

Price swept that level yesterday so the retracement came in from yesterday

If Nas 100 intends to sell, I'll wait for the sells to wrap up, then join the buys. this weekly bullish Pinbar is not to be overlooked.

Although Nas 100 is still confined to a daily bearish channel, I'm not looking out for sell opportunities but expecting it to show up. Will wait for the channel to be invalidated then go for buys opportunities presented outside the channel.

I'm not doubting the possibility of price protecting the high and creating a lower high. I'm just not interested in the sells. Will Wait for it to sell and rather create a higher low above the MRL.

I won't be looking for sells on Nas 100.
My trading approach with indices is different from currencies. I only anticipated sells the early phase, but as bullish moves has started kicking in strongly, it's best to stay bullish, because they are bullish assets overall.

I'm not doubting the possibility of price protecting the high and creating a lower high. I'm just not interested in the sells. Will Wait for it to sell and rather create a higher low above the MRL.

Yeah. It's best to trade cautiously. I'm expecting the sells, but not interested in taking them. will wait for it to happen first, then watch for price to create a higher low, instead of breaking the MRL then join the buys.
My key buy interest level is at 27500 price level.

27500 is actually a good buying zone but selling to buy there would have been also good

If I see the selling opportunity I will take it to the downside and take profit at the demand level in case price will reverse from the level I mark

The best approach is to wait for another weekly candle that will engulf that weekly pin bar candle for further confirmation

Okay then, let's see how will play out then

Price is still bearish on NAS100 so stick to sells

While that may true, the lower timeframe has to align

That's right though. But why I won't do that is cause, the sell can be a manipulative one. It won't be a straightforward sell and I'm not in for dragging trades.

price momentum has been low, let's see if volume will enter the market during New york session.

Yeah. That's what I'm watching out for. That's why I'll just wait till next week to find a good buy setup.

Yeah. we'll watch out. The sells are prepping up.

What actually move nas100

What actually move nas100

That idea is only visible on the lower timeframe but untill the higher timeframe level I marked is taken out I won't take a buy on Nas 100