Td54: NQ bulls have shown signs or weakness. A bearish DIVERGENCE is clearly visible. I’ve marked the 50 and 80 respectively to see if she continues the UPTREND or we settle for them BEARS. Some might call it “OVER BOUGHT” but I’ll like to see a change first before anything.
Note
Td54: NY came in so I can’t call this one a WIN. However, it was a beautiful setup. NQ bearish divergence was nothing short of a PULL and the “over bought” situation also aided that. So I ended the day with observations. The combination of the RSI can be beautiful. Trades: 1BE
Note
Self-doubt will take over when in DRAWDOWN.
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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.