Will wait to see price reach and react from the previous month POC. That should be the play off the week. Bullish setups only. I the week starts going higher we should expect for this to reverse in the middle of the month.
After NQ reaches the reaction area above, we should wait and see if it's start rejecting it to start go lower. Overall bearish, so only bearish trades taken this week until proven wrong (see go higher from rejection)
Crude Oil can go both directions this week depending on the price we hit in the start of the week.
Patience Patience Patience!!!!
PS: Previous Idea had some wrong measurements. It is fixed now!
NQ Bearish Setup after reaching Rejection level.
Expecting price to reach old VWAP level purge poor high and hit high volume to then retrace and potentially reverse to mitigate naked POCs.
