NAS 100- on 4hrs, price has formed double top, and double bottom. This simply confirms that price has entered a ranging/consolidation phase which can also represent a resting phase after the heavy rally we witnessed last week.
Also, with the month coming to an end tomorrow, possibility of a breakout on either side of the range box will confirm which direction the first few days of the month will likely tilt to before major fundamental and economic data will be released subsequently in the days to follow. Price might as well stay in a range box till the new month's economic data are being released.
So, I'll keep to trading within the range and will look out for buys first.
Entry-30302,
SL-30124.