NASDAQ INDEX - IXIC
Good evening?
Signals to sell NASDAQ in general and BigTech shares in particular:
1. Round price of $ 15,000 = resistance.
2. Strong bearish MACD divergence on the weekly chart.
3. Beginning of bearish MACD divergence on slower monthly chart.
4. Bull trap - upward breakout of the resistance of the double top (yellow line).
Therefore, we can expect a Fibonacci correction from 30-50% to the $ 11.5k-10.5k range.
Not a financial recommendation.
GET RICH OR DIE TRYIN.
Signals to sell NASDAQ in general and BigTech shares in particular:
1. Round price of $ 15,000 = resistance.
2. Strong bearish MACD divergence on the weekly chart.
3. Beginning of bearish MACD divergence on slower monthly chart.
4. Bull trap - upward breakout of the resistance of the double top (yellow line).
Therefore, we can expect a Fibonacci correction from 30-50% to the $ 11.5k-10.5k range.
Not a financial recommendation.
GET RICH OR DIE TRYIN.
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