NASDAQ due for bullish correction?
This is my intraday analysis for NAS100.
With all the selling pressure in the market and now that everybody is a professional bear, the market may be up for some relief.
This is all speculative, but I think a long dated correction that may last a few weeks, and the 4th quarter may see sideways flat motion. This would be cool as ranges are relatively
easier to trade, but again this is all spec.
With all the selling pressure in the market and now that everybody is a professional bear, the market may be up for some relief.
This is all speculative, but I think a long dated correction that may last a few weeks, and the 4th quarter may see sideways flat motion. This would be cool as ranges are relatively
easier to trade, but again this is all spec.
Note
Where my bullies?Note
Mhmm. Still waiting to break that orderblock.Note
Lets get ready to bring open interest a little higher into pricing before we end the year.Note
If price doesn't make the expected protocol by Wednesday, then a correction may not be in the works yet.Note
Are we making the correction on the back of stubborn short sellers ?
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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.