NAS100 - Market Structure, Confluence & FIB

8월 20일

Dear Friends in Trading,

How I see it,

Keynote:
I missed the big drop, not sure if investors will try to recover before Friday's
Retail data and Powell speech.

1) I will look for quality scalping Long / Short opportunities till then.
2) I indicated the confluences - price action may rocket or drop
strongly between them.

Let me know if anything is unclear.

I sincerely hope my point of view offers a valued insight.

Thank you for taking the time study my analysis.

8월 20일

노트

Potential Support @ 22771
Key Resistance now @ 23278

8월 20일

노트

Watch 23000 psychological level.
Otherwise, Liquidity pool @ 22771

8월 20일

노트

U.S. Treasury yields dipped on Tuesday as investors braced for a key central bank gathering later this week for a sense of whether the Federal Reserve will resume cutting interest rates next month.

Fed Chair Jerome Powell is due to speak on Friday on the economic outlook and monetary policy path at the U.S. central bank's annual symposium in Jackson Hole, Wyoming.

8월 20일

노트

FOMC minutes later - Be Safe.
Institutions are closing LONG positions