If we count waves, Indexes , which are overbought at the time needs some retracement, thus I see another selloff to 462 level.
1. ABC
2. Forming potential H&S
I am short for that period and will switch side to long again once that happens.
1. ABC
2. Forming potential H&S
I am short for that period and will switch side to long again once that happens.
Note
Just looked at NVDA and its triple top made me also take short positionNote
464 is the previous ATH, important level to test.
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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.