NAS was extremely bearish in this last week with geopolitical situation. Market pushed prices down all the way to mid last year prices before an huge bullish move. We recognized this area as a turning point and was able to take trades.
In the next week we are expecting this bullish leg to continue and grab more Asia liquidity from previous week. The current bias is that the LPOTM will be respected and prices will turn bearish again, even possibly to new lows.
Idea should be re-evaluated should price break recognized significant structure points.