Will NASDAQ continues its bullish way?
Updated
After rebounding from 6449.50 on 20-Nov, NASDAQ developed a bullish trend line. However, the daily chart is telling us a bearish elliott wave.
Trading plan:
Short at 7012 (order limit) after 17.30(GMT+8), timing is crucial to let the market converge before trend develop.
CL 7027
First profit target: 6965
Second profit target: 6885
Trading plan:
Short at 7012 (order limit) after 17.30(GMT+8), timing is crucial to let the market converge before trend develop.
CL 7027
First profit target: 6965
Second profit target: 6885
Note
Initial trading plan still goes on, queue short at 7012Note
CL at 7027 hit, 15 points loss.
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