NDQ SHORT IDEA
We are approaching major resistance area. Formed by macro GP and Descending Parallel Channel.
A short from here it's reasonable. This path could play out just fine. Note that if resistance is broken and will offer support, the "moon" is the next stop.
A short from here it's reasonable. This path could play out just fine. Note that if resistance is broken and will offer support, the "moon" is the next stop.
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.