US Nas 100
Updated

NASDAQ - Shorts Ready ✅

3629
In our last Nasdaq analysis, we had a higher timeframe overview and we indicated that we wanted to move down once more to get to our perfect buy area.

We had a complex correction for the bigger wave C. We can see that we are in a 3 wave correction with wave B having a sub 3 wave correction which recently completed.

Looking to take NASDAQ down to around the 15500 level.

Trade idea:
- Enter with stops above the recent highs
- Target the 15500 as targets (1300pips)

Be sure to use risk management with this trade as indices are really volatile.

See below for our last Nasdaq analysis:
NASDAQ - Start 2022 With A BIG Win! 💸


Goodluck and trade safe!
Note
2D chart

snapshot
Note
Update: Playing out nicely! 500+ pips running

snapshot
Trade closed: target reached

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.