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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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.
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.