NQ1! NAS100 NASDAQ 2023 JAN 28

٢٨ يناير ٢٠٢٣

NQ1! NAS100 NASDAQ 2023 JAN 28

Result for week of 23 Jan analysis yielded Intraday 100pts on 25 Jan
and 450pts for levels/position trade.
Price is now at the Rotational Resistance area.
Higher TF did not display trend changing weakness.
H4 is showing a potential weakness for long on retracement
opportunity / temporary short opportunity.

Possible scenarios:
1) Short if rejected between 12400 - 12140 / 11727
2) Breakout of rotation = possible long if price continues to trade
at upper boundary of rotation zone.

Volume Analysis:
Weekly = Ave vol up bar close off high = Minor weakness
Daily: Ave vol up bar close off = Minor weakness
H4 = Ave vol down bar (UT) S>D = Possible Trend Change

Price reaction levels:
Short on Test and Reject | Long on Test and Accept

12987 12400 - 12140 11603
10890 10710 10484

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Have a profitable trading week ahead.