NASDAQ - This Might Be A Real Bear Market
Updated
The NASDAQ stalled significantly today at the 61.8% retracement of the downward movement since July 2024.
The momentum of the price decline and the inability of the index to recover towards the evening indicates the start of a new phase of weakness. At the same time, there are increasing signs that a pronounced bear market is establishing itself in the NASDAQ and probably also in the other indices.
This short idea is convincing due to its excellent RRR of more than 9.1:1.
The momentum of the price decline and the inability of the index to recover towards the evening indicates the start of a new phase of weakness. At the same time, there are increasing signs that a pronounced bear market is establishing itself in the NASDAQ and probably also in the other indices.
This short idea is convincing due to its excellent RRR of more than 9.1:1.
Trade closed manually
Closed as bears are powerless
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