NULS Weekly Update 9/24/2018

24. Sept. 2018

Nice weekly reversal close last week led to a strong bounce today. I'm looking at longing any retest of the weekly open as we had a nice impulse move away from that level. My stop will be under last week's low and I'm targeting weekly resistance above(red). You can see this daily resistance (pink) has been tested twice before and a third test probably won't hold. Good luck trading!