NAS100 Trading ideas for 11/16/2022

Although the daily is bullish and closed above previous days body, price also created a NEW HIGH in the market, retesting a weekly level and REJECTING it. Here is where things get confusing. We have a bullish candle that rejected a weekly level.

Are we going up or down? Best thing to do is WAIT for market to give us clearer signs.

Tomorrow is not going to be so clear cut for proper entry. proceed with caution.
Chart PatternsTrend Analysis

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