Potential short developing in Nasdaq
Reasons:
- Rising wedge
- MACD line just crossed SL
- RSI 49 & again very close to RSI support line
- RSI also shows a divergence for the past 3 highs
- Wedge line and 50EMA critical support points
16&17.08 will show if worth it
- Rising wedge
- MACD line just crossed SL
- RSI 49 & again very close to RSI support line
- RSI also shows a divergence for the past 3 highs
- Wedge line and 50EMA critical support points
16&17.08 will show if worth it
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