Get started
US Nas 100
Short

NASDAQ bearish for the moment

By ryanfuller45
Updated
Nasdaq has moved into a bearish phase. I believe it will drop to the 13100 - 12900 level. I will look for potential short on the way down. My main goal is to look for long positions between the 13100 - 12900 area if I get the correct reversal patterns. Lets wait and see
Note
just bounced off the 61.8 area. I still believe that its too early for NAS to start creating new highs.
Note
Here we go! lets see if she can break the 61.8 area today and move closer to the 78.6 area
Note
NAS is not playing around. Lets see if we start seeing any signs of rejection! I am excited for a buy opportunity!!
Note
NAS has bounced Nicely off the mentioned zone and showed us some reversal signs. I do not think she is ready to create new highs just yet. I think we will get another opportunity for a buy today
Chart PatternsTechnical IndicatorsNASDAQ 100 CFDUS NAS 100nasdaqTrend Analysis
ryanfuller45

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.