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NAS100 Look for continuation sell
US Nas 100
Short
NAS100 Look for continuation sell
By jojofang0901
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Updated
Jul 16, 2020
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Jul 13, 2020
Hi traders:
NDAQ has similar bearish structure price action like SPY.
We see price is in this higher time frame channel structure since the mid April.
Price correctively move up in the structure, and the recent price action has a structure for reversal from the top of the channel.
We see a strong bearish move down in the lower time frame, so naturally I would look for continuation correction to sell.
Will re-evaluate once price manages to get to the bottom of the channel structure.
Thank you
Jul 16, 2020
Comment
Waiting for this correction to develop and complete.
Flag
Parallel Channel
priceaction
structure
Wedge
jojofang0901
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