NASDAQ Technical Analysis.
Weekly - Bullish - Price is above the trend-line (Grey)
Daily - Bullish/Bearish - It seems that the red trend-line (4 hour time-frame) is forming to the daily support.
4 hour - Bearish - Price is below the trend-line (Red)
30 mins - Bearish - Price is below the trend-line (Yellow)
I have opened one trade to the downside risking 1%, also placed another trade if the price goes against me half the amount that I’m risking with another 1% risk.
This is not a financial advice just the way I trade and on how I’m see the markets.
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