DJIA and Nasdaq 100

Good day fellow traders

DJIA

2 weeks ago, DJIA hit 12284 pts. resistance, market tumbled more than 300 pts. to 11630 and currently consolidate in big range, last traded at 12153.70.

Remember the magic number 80? For PowerWave Trades, plot your Fibo Retracement and check the magic on your own.
80 in weekly chart, works.
80 in daily chart, works.

So we will use the same concept in 4 hour chart to hunt for trading opportunities.
Identify Resistance: 12190 (adjusted 40pts higher from last week forecast)
Support: 11730
Major Support： 11650 (Sarah support the same view)

Quote from last week:

P/s: if the bull is strong, we may see market test previous resistance 12288, break above it and form a marginal top @ 12450-500 region before the waterfall begins.

So let's say if 12288 couldn't stop the bull, we might see the market drive up all the way to 12450, so, abandon your shorts if this resistance fails.

Aggressive Short at initial shadow 12180, SL 12250-280, TG 11730, TG2 11650.
For YM on Broco Chart: Short 12165, SL 12235, TG 11700, TG2 11600.

Nasdaq 100

Market trading in big range.
Key Resistance: 2408
Key Support: 2280

Nasdaq 100 closed at 2350 - We expect market to continue the bullish strength towards 2382 on Monday.

Hunt for shorting opportunity when Nasdaq 100 trading near key resistance 2408. Similar to Dow, if market break above 2408, then it might go north to 2435. Abandon short if the resistance fails.