NQ1!, Intraday Weakness, Buyers Hold the Fort

The sellers continue to retest the support and today had all the chances to break it. However, it did not happen during the day session. There is also a positive divergence that decreased the odds for them to succeed. This is a first day of the week and month and things can be different going forward. But for now watch the support and the balance outlined as a rectangle. Its resolution could set a short term bias and a trending move.

9/3/2019