NAS100USD 2021 Apr 12 Week (Intraday)

NAS100USD

NAS100USD 2021 Apr 12 Week (Intraday)

Last week, pt (2) resistance turned support happened, therefore no reason to
short.

As price approaches a previous high, the last bar showed no demand for
higher prices. Keep stops tight if in long position.

Weekly chart showed price advancing on reduced volume - weakness has
appeared.

May have opportunity to short if we see rejection at higher prices.


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Have a safe and profitable trading week!