NDX Setup for Next Dance
After the market received confirmation for a short position, I have setup a plan for several future possibilities.
I see that the market trends to be bearish after last Friday's NPF, also based on the Elliot wave, it is time to go back down after rising for some time.
There are several crucial points that I noted:
1. 18,250 if this is broken, there is a big possibility that the decline will continue to 17,400 etc.
2. 19,050 if this is broken, it will most likely continue to 19,800
Notes:
just sharing ideas please comment for other options and corrections
I see that the market trends to be bearish after last Friday's NPF, also based on the Elliot wave, it is time to go back down after rising for some time.
There are several crucial points that I noted:
1. 18,250 if this is broken, there is a big possibility that the decline will continue to 17,400 etc.
2. 19,050 if this is broken, it will most likely continue to 19,800
Notes:
just sharing ideas please comment for other options and corrections
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.