NASDAQ look for continuation sell
Updated
Hi everyone:
Looking at NDX for more sell potential.
Price has been in this larger, deep channel structure, continue to push the price up.
Latest price action we see an ascending channel structure, bring the price to the top of the larger structure.
We then see a strong bearish push to the down side.
waiting for a correction on the lower time frame would be ideal for bearish continuation setups.
Look and re-evaluate to see what price will do at the bottom of the channel.
Thank you
Looking at NDX for more sell potential.
Price has been in this larger, deep channel structure, continue to push the price up.
Latest price action we see an ascending channel structure, bring the price to the top of the larger structure.
We then see a strong bearish push to the down side.
waiting for a correction on the lower time frame would be ideal for bearish continuation setups.
Look and re-evaluate to see what price will do at the bottom of the channel.
Thank you
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