NAS100 looks to be setting up for a move to the downside today.
3rd touch on the larger correction has given a nice push to the downside.
Price is now forming a nice bear flag on top of a previous resitance level.
For entry we would like to see a nice break of the current flag, which will also be a break of the now support level.
Sell stop order will be set for this one.
Stay tuned for updates!
3rd touch on the larger correction has given a nice push to the downside.
Price is now forming a nice bear flag on top of a previous resitance level.
For entry we would like to see a nice break of the current flag, which will also be a break of the now support level.
Sell stop order will be set for this one.
Stay tuned for updates!
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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.