The NDX still has EMA100 as support and we have no volume which makes it hard to tell what will happen next... But these things move together just like Crypto, if one goes the rest follows...
We have a negative count on the TD sequential and a strong bearish cross.
We are likely to see lower... The bears are now in full control.
Even a short-term bounce won't negate the bearish perspective on this chart.
Namaste.
We have a negative count on the TD sequential and a strong bearish cross.
We are likely to see lower... The bears are now in full control.
Even a short-term bounce won't negate the bearish perspective on this chart.
Namaste.
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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.