NAS100 - Potential Reversal off recent highs Nasdaq
82
A risky trade given the amount of money printing. I think what we have here folks is a blow off unsupported top (double top), ridiculous valuations on many of these stocks, global instability. A Positive supportive Indicator is the recent move in Precious metals. Counter Indicator being the falling US dollar. Suggest a tightening stop than indicated on this chart if justifiable after triggering. This is a high leverage play.
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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.