We have a downtrend within a downtrend, the inception of bearish signals.
The NDX printed a shooting star candlestick yesterday as a rejection from EMA10.
The RSI has gone bearish and the QStick indicator as well.
The feeling is that it should be mild yet, we are seeing a strong crash ahead.
Maybe even a 10 percent drop in a matter of days.
Just hoping that we are wrong.
Namaste.
The NDX printed a shooting star candlestick yesterday as a rejection from EMA10.
The RSI has gone bearish and the QStick indicator as well.
The feeling is that it should be mild yet, we are seeing a strong crash ahead.
Maybe even a 10 percent drop in a matter of days.
Just hoping that we are wrong.
Namaste.
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Related publications
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.