Hi guys ! I post my trading idea for a short trade on NASDAQ. As you see in the pattern the tech index failed to gain a new top and now we have a (big correction) but which are the key price levels. As we see from the patern we have a shooting star patern , the candle after is a big red candle as it follows the one from November . Posibly the trend will follow also at December which is a key point month to gain some percentage of the annual return back but its very difficult. We have also the next raise of rates by FED and trade war U.S-China. Beside that E.U has high inflation because of the free fall from Crude U.S Oil. All these are signs which are confirmed from the chart patern and the indicators that I use. Especially RSI is at key point levels because under 55 which is now we enter into a bear market, ADX is about to change soon to give a solid short signal. So the key levels pf strong support are 6220 as a first target and second target is 5863. Hope you find my analysis usefull ! Please like , follow .
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.