West Texas Oil
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Where will NQ go today(March 4th, 2021)

In this 10 minutes video, I discussed where the NQ might go after yesterday's drop. Some highlights are as below:
1. Price is coming down to a key support zone (Weekly & daily)
2. Two possible scenarios
3. Review some trading opportunities on 5 min and 1 min in the overnight session(mainly Asian session)
4. Check US 10Y yield and crude oil(linked with inflation) to predict today's move



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It's approaching the key zone. Let's watch!
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This is 1m chart. After the opening, momentum to the upside is weak. Now I observed a good sign on 1m.
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Alright. Things started to change from the 1m chart. We got buyers in who pushed price into higher level.
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The chart shows how momentum changed and trade ideas. But I was sleeping and unable to catch the opportunities.
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China market opened lower as expected, then some buyers came in. I also observed bullish formation on NQ(5m chart).
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