Nasdaq 100 E-mini-Futures - D1 - Double top in progress !
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D1 : Double top formation in progress coupled with bearish divergences on several technical indicators ! In addition, breakout of the Tenkan-Sen is also in progress ! A failure to hold and stay above this line would put the focus on a more important support level which is the Mid Bollinger Band, currently @ 13469! 38.2 % Fib ret @ 13352 which is also the Kijun-Sen ! Clouds support zone coincides currently with the bottom of D1 clouds support zone
H4 : Currently in the middle of the clouds support zone !!!
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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.