NAS100 made strong movement today with a lot of volatility due to news.
Price sits currently at the top of the structure and the third touch of the outer trendline was made.
We have a nice clear 1H sell signal with RSI divergence across last three highs.
This may not be the final top before the inevitable fall comes, but a quick trade with some nice potential. Worst case may be -1%, but BE the worst it most often gets.
Trade with care and respect the volatility of the market. We have a lot of strong market movers at the moment.
Price sits currently at the top of the structure and the third touch of the outer trendline was made.
We have a nice clear 1H sell signal with RSI divergence across last three highs.
This may not be the final top before the inevitable fall comes, but a quick trade with some nice potential. Worst case may be -1%, but BE the worst it most often gets.
Trade with care and respect the volatility of the market. We have a lot of strong market movers at the moment.
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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.