Nasdaq at resistance and overbought. Bearish wave (4) in play.
351
Nasdaq Composite is overbought and has reached resistance area.
Time to play the wave (4) on the short side before the last up wave that should bring the index back to its high of 2000 for a massive double top formation of wave (5) V.
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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.