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US Nas 100
Short

"Short Setup on NASDAQ" by ThinkingAntsOk

176
1H Chart Explanation:

- Price is on the Top of a Descending Wedge, on a minor Ascending Channel and against a Resistance Zone.
- Bearish Divergence on MACD.
- Price is against a Resistance Zone.
- If price breaks the Channel, it has potential to move down towards the Convergence Level (Support Zone + Bottom of the Wedge).

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ThinkingAntsOk
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indexindexesnasdaqnasdaq100NQNASDAQ 100 E-MINI FUTURESSupport and ResistanceTrend AnalysisTrend LinesUSA
ThinkingAntsOk
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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.