NASDAQ weekly Projections

See Nas 100 sells have started like I told you before it swept liquidity above those highs I knew it was just waiting for 2:30pm open

Yeah. i know the sells will happen. Just not interested in it. The sells will later be followed with buys just watch out.

It's best you join the sells after it invalidates that price level around 28000.
I know price intends to fill up those imbalances it created yesterday.
Either of these scenarios will play out.

Yes I know fundamentals is supporting your bias but it's just to short to the demand level of that bullish movement then you go out that's just the aim

Reassess your first mark out price will not reverse from there am even sure of the second level you marked

No problem. Enjoy the sells.

Yeah. the sells have fully kicked in. but it will be a tousle between buyers and sellers, cause buyers are still actively present at that 28000 price level.

Proper sells will happen on Nasdaq, if price creates a 4hr double Highs at the 28500-price level. and then break below 28000. That's when I'll expect a deeper sell.

For now, price will struggle to break the 28000 level to the downside.

price has the final say. I'm expecting bullish reactions from that level. If price is unable to break above today's high, then expect a double top that will result in strong sell continuations next week.

No i didn't sell

I expect price to sweep that high

Yeah that's why i'm waiting for price to align

Hopefully the sells comes in next week

Next week can start with sells but end up closing bullish. i won't have to wait upper week. Just like this week started bearish but will be closing bullish. And next week is NFP week.

On the Daily, Nas 100 formed a bullish engulf and on the weekly, it has a possibility of closing as a Pinbar. The only contrast with the bullish signals is that price is still confined to a bearish channel and that's why it can't be concluded that Price is bullish.

We are entering a new month, couple with new Fundamental data release for the month. new month will offer new perspective, that's why I'll wait for it to form the month's narrative first, before I have my confirmation to stay long or continue with the sell bias.

There's need for reassessment and review of the asset, with a top-down analysis to get a clear projection of the new month's possible long-term direction, while taking advantage of the intraday setups. This is always my approach, month in, month out.

Yeah that's true

Yeah.

true though, let's see how price goes

Definitely price has missed my limit again, but aud is still running on draw down

That will only be a pullback to my entry level