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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.
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Aviso legal
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.