Pullback to long again last week worked well for NAS. At the moment chart indicates overbought. Preference is to short on weakness given the below wekaness indications.
Weekly: Average volume up bar closing off high. A little more effort compared to the up bar before it yet spread is narrrower than it = Weakness expected Daily: Average volume up bar closing near middle = weakness H4: After ultra high volume bar A, market went up on narrow spreads, together with B being a UHV bar on narrow spread indicates professional selling = Weakness expected
16236 need to hold for uptrend to be intact.
17070 16695 16490 16303 16006 15896 15717 15503
Remember to like and follow if you find this useful. Have a profitable trading week ahead.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.