NAS what will it do after correcting?
Short at moment having entered last weeks top. Will it continue in downtrend? We don't know until it has completed first bullish correction, retail sentiment is very too short, institutions holding cash at record levels, so can pump it fast either way, dollar is 'correcting' upside in its bearish leg, need to see a new trend of dollar once it completes, remembering dollar and NAS can tank TOGETHER not always negative... VIX is also due a trend change and so 'fear' can enter very quickly.. be careful apply stop loss and manage trades. If trading was a fixed idea then everybody would be rich it all depends... I do cross-correlated analysis, with trend and fibs and volume... nobody knows but you have to be ready on BOTH sides! Good luck hope this helps.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.