Nasdaq inside the channel started on 2009 lows until today.
Short at 10.600 with TP 9600. Stop at 10.800. RRR 5:1
Catalyst for downside:
- Short squeeze has ended (CoT Large Specs red line decreasing).
- Vix is low compared to March, quite possible to see a spike.
- Stochastic divergences.
- Q2 results.
Catalyst for upside:
- FED
Short at 10.600 with TP 9600. Stop at 10.800. RRR 5:1
Catalyst for downside:
- Short squeeze has ended (CoT Large Specs red line decreasing).
- Vix is low compared to March, quite possible to see a spike.
- Stochastic divergences.
- Q2 results.
Catalyst for upside:
- FED
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.
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.