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US 100 Cash CFD
Short

NAS100 Possible Reversal

By JOHNNIESA
We observed price filling the IMB, closing below it, and an inversion block on September 26. This occurred immediately following a price trade above the prior monthly high, which in my opinion indicates significant liquidity. Everything I've read indicates that price is unwilling to move above that daily key level or area, so it's possible that price will reverse in an attempt to find new, significant liquidity levels and close any price inefficiencies. My daily goal is to reach 19.000 [Daily IMB]. However, while I wait for this to happen, I will be keeping a portion of my profits when price reaches 19,600 and 19,250 levels...
Beyond Technical Analysis
JOHNNIESA

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