NASDAQ - Triple Top - Asceding Wedge - Potential SELL
The NASDAQ is in a huge 'Ascending Wedge' similar to the one back in OCT 2018
You can see the RSI is capped in a negative trend, similar to Oct 2018
FIB retracement is suggesting 7300 for a target area
Also a TRIPLE TOP on the daily candles.
Stop loss above the resistance level of 7700.
You can see the RSI is capped in a negative trend, similar to Oct 2018
FIB retracement is suggesting 7300 for a target area
Also a TRIPLE TOP on the daily candles.
Stop loss above the resistance level of 7700.
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