US 100 Cash CFD
Short
Updated

NASDAQ

293
So we hit ATH again! Good work to all those who bought all the way up.
Now, it's time us bears take over.
Price moved up very aggressively and is due for a correction or relief.
We formed a nice double top which is indicating that the bulls are done and ready to step down.
Selling at the current level is not a bad move. I have opened a short with a tight SL.
Let's see what impact the news and NFP will have moving towards the end of the week.
Good luck, have fun!
Trade active
Trade is still active. SL was almost hit.
Now we patiently await the NFP data to see if we can get that downside momentum.

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.