Bullish sentiment in the Nas 100
Updated
if price drops below 218 then i see a buy in the confluent line of integrity if not a buy in the green buy zone.
Note
typo 318 as in 15318If price drops below 15318 and consolidates in green zone but doesn't break
15261 id look for a stop loss from a pip to 5 pips under 216 and a buy from out of 15318 at least to the 15428 level.
but there is likely hood to reach a deeper retrace to consolidation - due to the (hump day CME) retail traders. Im thinking the institutions have more buy orders that will bring price down to the 15261. At worse it could sharply tank down to confluence and trend integrity at 15150 (if institutions want a lower price) but id still see an institutional buy especially if i takes the bearish liquidity out of the market first.
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