A very rare death cross - the 200/500 day is about to pass. NDX has only had 2 bearish crosses since 1991 and a BIG clue that this is a very serious crash unfolding.
Also its rare even for NDX to even be under the 500MA for any more than a dip. This is the first time since 2009.
Notice the 500MA perfectly captures the retracement top.
Its a great time for shorters.
Not advice.
Also its rare even for NDX to even be under the 500MA for any more than a dip. This is the first time since 2009.
Notice the 500MA perfectly captures the retracement top.
Its a great time for shorters.
Not advice.
Comentário:
This is not a recommendation to short. It can be risky and there are plenty of pitfalls. Trading with defined risk can be preferable.
Comentário:
Mid term bias now switching to bullish it looks like a decent bounce is on. Then there will most likely be great shorting opportunities again, but for now its long tech, long crypto.
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
