Similarly here with the NAS100 we need to keep in mind the US elections and the potential for the market to be spooked or shaken at a moment's notice.
With that said; price is now moving back higher into the price flip level we recently discussed.
This level was holding as a solid support level before price made a break lower along with a quick retest on the smaller intraday time frames.
This level could look to act as a resistance level on the higher time frames once again.
It could also be a solid level to watch for potential bearish price action clues.
With that said; price is now moving back higher into the price flip level we recently discussed.
This level was holding as a solid support level before price made a break lower along with a quick retest on the smaller intraday time frames.
This level could look to act as a resistance level on the higher time frames once again.
It could also be a solid level to watch for potential bearish price action clues.
