US 100Short
Are we finally bearish on NASDAQ?
The market has been ranging for a long while and it broke out with a full BEARISH candle. On the monthly timeframe, we can see a doji candlestick indicating a possible change in trend. And on the weekly and daily we can also see huge rejections still indicating a possible move to the downside. My target will be to short the market around the 17663 area after its brief retracement and expect it to get down to the weekly support zone.
NB: This is not a financial advice. Use wise risk management.
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NB: This is not a financial advice. Use wise risk management.
If you found this information useful, please support by boosting the channel and leaving your thoughts and opinions in the comment section. Thanks.
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.