NAS Outlook 6/5

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Bullish on indices in general, as long as price is trading above the daily bullish OB. On NAS there is a potential for it to reverse off the monthly OB, or to keep pushing into the monthly FVG.

Will be looking for short term discount pricing long trades till a new high, after which I have less clarity on the potential direction at time of analysis.

Happy Trading!
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Weekly open price was not annotated in the published idea, by now you should already have that drawn on your chart.
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快照 opted to trade SPX, but forward testing this on NAS.
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looking to buy NAS 快照
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快照 long on NAS
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快照 TPs updated. might be early will attempt one more time if taken out.
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快照 considering going break even. IF the idea is right there's no reason for price to want to return to entry levels. Will hold out a little longer.
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快照 that sucks
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快照 lol still in this, insane price action. trade is in the market's hands to do what it will.
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快照 taken out. Not loving the price action this week.
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My bias is changing on NAS, should have been a better bulllish reaction today. I think we are reacting off the Monthly bearish OB and I am not expecting the daily OB to hold.

Will either abstain or look for shorts to close out the week.
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We are in a monthly OB that I had thought June would want to wick through before reversing but it does not look like that is what is playing out. If price is reversing I am watching the failed daily FVG for potential shorts on the lower timeframes.
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快照 im in a short anticipating price will not trade through the daily FVG that failed to hold bullish yesterday. May fall as far as the daily FVG below. will decide if I wish to exit more conservatively if it plays.
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was stopped out. giving it another shot as I think we close the week bearish. likely last execution of the week either way
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Was definitely not in sync w the market this week, but thats bound to happen every now and again. weekends are to regroup, re-evaluate market conditions and come back stronger!
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快照 moving well. need the day to close below the failed bullish FVG for confidence in expectation of further bearish expansion.
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Let the algo show you its hand.
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