US Nas 100Updated NASDAQ for a lower low 🦐
NASDAQ on the 4h chart after the clear triple top below the daily resistance started a lower low lower high move.
The recent test of the 0.618 Fibonacci level and retest of the previous support now turned resistance can be a sign of the shift in momentum.
This can confirm that in the short term the bears are in control and the break of the current support could push the price lower with an increase pressure of the selling power.
We will wait for a clear break of the support and in that case i will consider a nice short order according to the Plancton's strategy rules.
The recent test of the 0.618 Fibonacci level and retest of the previous support now turned resistance can be a sign of the shift in momentum.
This can confirm that in the short term the bears are in control and the break of the current support could push the price lower with an increase pressure of the selling power.
We will wait for a clear break of the support and in that case i will consider a nice short order according to the Plancton's strategy rules.
Note
Note
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