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2022 Nov Week 4 Outlook NASDAQ
November Week 4 Outlook for NASDAQ
Bias for the Week: BULLISH
Reason
Daily - Market structural retest off of previous structure highs
Daily - Retest off of a daily key level at price point 11600.0
4h - A relatively large bullish push from last week
Deciding factors that will change said bias:
If price ever breaks below the major key level at price point 11600.0. It will then ultimately break below the previous market structural double bottom (as observed on the 4h chart).
Bias for the Week: BULLISH
Reason
Daily - Market structural retest off of previous structure highs
Daily - Retest off of a daily key level at price point 11600.0
4h - A relatively large bullish push from last week
Deciding factors that will change said bias:
If price ever breaks below the major key level at price point 11600.0. It will then ultimately break below the previous market structural double bottom (as observed on the 4h chart).
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