After a +12% increase in 1 month, now correction is more likely! Reversal Patterns in the daily chart:
1- Spinning Top 2- Doji after the Spinning Top 3- Bearish Engulfing after the Doji 4- Increased bet against NASDAQ (increased volume of SQQQ)
Fortunately, I was ready for this! I closed all positions in the past few days and yesterday open reversed ETF position!
est, Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
you can make money from the red market as well if you know how to do that!
Note
NASDAQ lost the bullish channel and tries to fill the Gap!
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.